Bitcoin holds most August gains despite oil spike and Fed hike bets
Bitcoin traded around $78,000 on Tuesday, keeping most August gains as oil prices rose and expectations increased that the Federal Reserve could hike interest rates this month. Bitcoin gained roughly 25% in August, its best since 2017.
Bitcoin traded around $78,000 on Tuesday, holding on to most of its August gains despite a jump in oil prices and rising expectations that the Federal Reserve could hike interest rates this month.Bitcoin gained roughly 25% in August, marking its best August since 2017 and strongest month overall si…