Crypto Corner: Bitcoin Steadies, Resilience Amid Fed & Trade Uncertainty
Schwab Network · Schwab Network
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Show Notes
Bitcoin (/BTC) held near $97k after the Fed kept rates unchanged. Nate Peterson says Bitcoin's resilience is impressive given a "potentially bearish to risk assets type of environment" as China and the U.S. prepare to discuss ongoing tariff policy. Peterson notes that while Bitcoin is still highly correlated to risk assets, its recent price action has shown some relative strength, potentially tied to the theme of de-dollarization.
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