Bitcoin rose over 1% during Monday’s Asian trading session, marking a potential five-day winning streak.
Bitcoin eyes longest daily winning streak in 3 months
Bitcoin rose over 1% during Monday's Asian trading session, marking a potential five-day winning streak.
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The price of bitcoin was trading at $69,500 following the news, down 1.2% over the past 24 hours.
Holding rates steady, the U.S. central bank took note of the possibility of higher inflation and unemployment.
Qwatio currently has a BTC short position with 40X leverage, and a 25x leveraged short on ETH.
Slower inflation could raise the chance of interest-rate cuts that might boost riskier assets such as cryptocurrencies.