Bitcoin Clinging to Mid $19K: Will Fed Pivot Bring Relief to the Cryptocurrency?

Bitcoin (BTC) is clinging to $19,500 as investors await the Federal Reserve's next move, hoping the Fed will pivot away from the ongoing liquidity tightening and offer a lifeline to risk assets. Martin Leinweber, digital asset product strategist at MarketVector Indexes, discusses his bitcoin outlook and the token’s correlation with stocks.

Oct 17, 2022