After recovering from its late-August lows near $60,000 and climbing back above $70,000, Bitcoin has entered a more cautious phase. The move higher had been supported by improving sentiment, lower Treasury yields and growing expectations that Washington could advance legislation designed to establish clearer rules for the digital-asset industry.
After recovering from its late-August lows near $60,000 and climbing back above $70,000, Bitcoin has entered a more cautious phase. The move higher had been supported by improving sentiment, lower Treasury yields and growing expectations that Washington could advance legislation designed to establish clearer rules for the digital-asset industry.