Bitcoin edges higher in Asia as investors reposition post-Fed
Bitcoin is slightly higher in the morning Asia session as markets digest an expected Fed rate hike, with exchange flows suggesting investors are not responding with a uniform risk-off move.
Bitcoin edged higher in the morning Asia session as markets digested an expected rate hike by the Fed. Bitcoin has remained relatively resilient, Cooper Duschang at Talos said, holding broadly around pre-announcement levels. Exchange flows suggested that, rather than a uniform risk-off response, investors were repositioning after the Fed.