Bitcoin Gains as Markets Trim Expectations for Imminent Fed Rate Rise
Zaye Capital Markets analyst Naeem Aslam says Bitcoin rose amid reduced expectations for further imminent Federal Reserve rate increases and improving risk sentiment. The recovery reflects better liquidity expectations, he says.
Bitcoin rises, supported by reduced expectations for further imminent interest-rate rises by the Federal Reserve and improving risk sentiment, Zaye Capital Markets analyst Naeem Aslam says in a note. The cryptocurrency's recovery reflects an improvement in liquidity expectations rather than a confi…