Bitcoin ditches $16K dip as ‘Leeroy Jenkins’ Bank of Japan flattens dollar

Bitcoin ditches $16K dip as ‘Leeroy Jenkins’ Bank of Japan flattens dollar

Bitcoin (BTC) recovered from an overnight dip on Dec. 20 as Japan’s central bank sparked chaos on global financial markets.

BTC/USD 1-hour candle chart (Bitstamp). Source: TradingView

Analyst likens BoJ policy to FTX

Data from Cointelegraph Markets Pro and TradingView showed BTC/USD returning to near $17,000 after falling over 3% through the course of Dec. 19.

The largest cryptocurrency benefitted from the flash United States dollar weakness, this coming on the back of a surprise policy tweak…


Source link

About bitcoin

Check Also

Giant Bitcoin 'Taproot Wizard' NFT Minted in Collaboration With Luxor Mining Pool – CoinDesk

Please note that our privacy policy, terms of use, cookies, and do not sell my …

Leave a Reply

Your email address will not be published. Required fields are marked *