First Mover: Bitcoin Stuck as ECB’s Lagarde Primes Extra €500B Stimulus

Bitcoin (BTC) was lower while staying mostly within this month’s range of roughly $18,200 to $19,700.

“Upward price action seems to stall, and our analysts believe more inertia is required to push bitcoin beyond the $20,000 psychology barrier,” Lennard Neo, head of research for the cryptocurrency investment firm Stack Funds, wrote Thursday in a report. 

In traditional markets, European shares were lower even after the European Central Bank boosted the size of an emergency bond-buying…


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