Two Factors Could Break Bitcoin (BTC) out of Range Trading As Chances of Fed Rate Hike Next Week Hover Around 60%: CoinShares

Bitcoin (BTC) is once again trading like gold as investors hedge against potential inflation, according to new analysis from the digital asset management firm CoinShares. James Butterfill, CoinShares’ head of research, notes that dueling speeches from Federal Reserve chairman Kevin Warsh and Fed governor Christopher Waller left different impressions about the possibility of a September […] The post Two Factors Could Break Bitcoin (BTC) out of Range Trading As Chances of Fed Rate Hike Next Week Hover Around 60%: CoinShares appeared first on The Daily Hodl.