Was the Bitcoin Jump a 'Fake Breakout'? – Decrypt
In brief Bitcoin jumped 5.7% on Tuesday but analysts question if the gains represent a “fake breakout.” Bitcoin ETFs generated $58.5 million in inflows, with BlackRock’s IBIT gaining $120 million on Tuesday. Markets await the U.S. central bank’s December rate decision with an 89% probability of a cut. Bitcoin posted its fifth best daily return...
What's Your Reaction?
Like
0
Dislike
0
Love
0
Funny
0
Angry
0
Sad
0
Wow
0
