PrimeXBT Insights: Bitcoin rallied through a rate hike; Can it rally through a bond selloff?
By Jonatan Randin, Senior Market Analyst at PrimeXBTIn mid September the setup looked bad for Bitcoin. The CLARITY Act failed in the Senate on 15 September and the Fed hiked to 3.75 to 4.00% the next day. Bitcoin (BTC) briefly traded under $75,000. A week later it was above $87,000.Then the bond ma…
By Jonatan Randin, Senior Market Analyst at PrimeXBTIn mid September the setup looked bad for Bitcoin. 00% the next day. Bitcoin (BTC) briefly traded under $75,000. Then the bond ma…