Bitcoin is seeing its best three-day performance since October 2019, as the collapse of three U.S. banks in a week fueled some investors’ hope that the Federal Reserve may have to take a less aggressive approach with its interest rate hikes.
The largest cryptocurrency BTCUSD on Tuesday climbed to its highest level since June 2022, up 8% over the past 24 hours and up 30% over the past three days, according to CoinDesk data.
Last…
Source: finance.yahoo.com
Related posts:
1 No-Brainer Dividend Stock Yielding More Than 5% to Buy and Hold Forever
Wall Street Braces for the Next Silicon Valley Bank
Goldman Says Buy Commodities, ‘Worry About Recession Later’
8 of the savviest loopholes wealthy investors use to reduce or avoid capital gains tax
Stocks will rally 5% in just 5 days after the Fed's rate decision this week, Fundstrat says