Bitcoin Adds 4.5% as Stocks Reverse Lower on Hawkish Fed Commentary

Bitcoin Adds 4.5% as Stocks Reverse Lower on Hawkish Fed Commentary

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Source: Coindesk.com

It was a day of positive divergence for crypto bulls as stocks tumbled late in the U.S. trading session while bitcoin (BTC) managed to erase most of the week's losses.

In late afternoon action, the S&P 500 and Nasdaq were each lower by nearly 1% – not a huge loss, but about a 2% reversal off of

Read More https://www.coindesk.com/markets/2024/04/04/bitcoin-adds-45-as-stocks-reverse-lower-on-hawkish-fed-commentary/?utm_medium=referral&utm_source=rss&utm_campaign=headlines

The post "Bitcoin Adds 4.5% as Stocks Reverse Lower on Hawkish Fed Commentary" appeared first here Coindesk.com.

Source: Coindesk.com

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