Bitcoin anchored in calm waters, but crypto’s fickle waves always loom on the horizon
Published by
City AM
City AM
By Darren Parkin Bitcoin maintained its course of flat, sideways movement this morning, tacking between $29,300 and $24,000 as it has for much of the week. Navigating a heading of $29,340, BTC is up half a per cent over seven days, but also down half a per cent from yesterday with little sign of the volatility currently affecting the US dollar which is reacting to inflation and job market data. The data is pointing to the possibility of rates remaining unchanged. All will become clearer next week following the release of the Federal Reserve’s minutes. Elsewhere, Ethereum – Bitcoin’s second fid…