Bitcoin price up but struggling for a foothold on psychological $20k mark

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City AM

By Darren Parkin The price of Bitcoin has recovered somewhat after its drop below $19k yesterday, but continues to struggle with the psychologically-important $20k level. The largest cryptocurrency by market-value is up 2.27 per cent this morning, changing hands for $19,210. The largest cryptocurrency is struggling along with most other major assets, as investors continue to weigh up ongoing Federal Reserve monetary hawkishness and macroeconomic uncertainty that have dominated the agenda for most of the year now. Ethereum has also continued its recent trend of outperforming bitcoin, rising mor…

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