Bitcoin Breaks Out of the $63,000 Zombie Zone, But Will It Hold?

Bitcoin broke above $63,000 on Monday and quickly pushed past $64,000, escaping the narrow range that had trapped the price for days. The biggest catalyst came from the US macro picture. Traders have sharply reduced their expectations for a Federal Reserve rate hike in September, while the dollar has weakened. Both developments make risk assets The post Bitcoin Breaks Out of the $63,000 Zombie Zone, But Will It Hold? appeared first on BeInCrypto.