Bitcoin holds onto 10% gains ahead of crucial Fed rate hike comments

Bitcoin holds onto 10% gains ahead of crucial Fed rate hike comments

Bitcoin (BTC) held onto fresh upside on Tuesday after a resurgent stock market took the largest cryptocurrency above $37,500.

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

Fed may spark fresh volatility

Data from Cointelegraph Markets Pro and TradingView showed BTC/USD trading above $36,000 on Tuesday, with maximum 24-hour gains totaling 14% versus Monday’s floor

Bitcoin’s correlation to equities remained in focus ahead of a fresh Wall Street open and key information…


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