Why is the crypto market up today?
(BTC) has hit six-week highs and held onto its gains since — is it the start of a trend change?
After passing $21,000 twice over the past week, is still lingering near the top of its multimonth trading range.
Crypto market cap chart. Source: CoinMarketCap
Fed target rate probabilities chart. Source: CME Group (NASDAQ:)
BTC/USD 1-day candle chart (Bitstamp) with Bollinger Bands. Source: TradingView
Bitcoin historical volatility index (BVOL) 1-week candle chart. Source: TradingView
correlation chart. Source: Barchart/Twitter
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