Bitcoin Edges Lower as Markets Await Next Catalyst
Dow Jones
1 hour ago
0201 GMT - Bitcoin edges lower in Asia, as markets await the next catalyst. "A quieter macro week might be just what cryptocurrencies need to make some more headway," says IG's Chris Beauchamp in a note. The focus now turns to the coming U.S. earnings season, he adds. Strong earnings would lift major U.S. stock indexes, boosting market liquidity and investor appetite for risk assets including bitcoin. Bitcoin is 0.1% lower at $85,704.25.
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