“Bitcoin continues to display strong resilience in the face of a broader risk-averse mood in financial markets,” Craig Erlam, senior market analyst at the foreign-exchange brokerage Oanda, wrote in an investor update. “Given it is the ultimate risk asset, this is quite surprising and perhaps even encouraging.”
BTC Stabilizes Around $58K Following Yesterday’s Rout
Bitcoin stabilized around the $58,000 mark after the U.S. Federal Reserve kept the benchmark interest rate unchanged on Wednesday. Chair...