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Bitcoin dipping a little in Asia, still having a good opening to the year

Bitcoin dipping a little in Asia, still having a good opening to the year

Bitcoin has added, as I updat, just under 40% to its price at the beginning of January (and the year).

Its risen as investor risk appetite has improved. China reopening should spur the global economy and the Federal Reserve seems set to ratchet down its pace of rate hikes, indeed markets are pricing a lower terminal rate than Fed projections are.

BTC/USD update:

This article was written by Eamonn Sheridan at www.forexlive.com... Read More
Posted: Jan 27 2023, 02:00
Author Name: forexlive
Views: 111568

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