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Bitcoin Steady Under $20K in Face of Traditional-Market Turmoil; Here's Why

"What we're seeing is more a lack of large sellers rather than a plethora of large buyers," one value investor said, explaining bitcoin's ongoing range play amid renewed traditional market swoon.

Updated May 11, 2023, 5:28 p.m. Published Sep 28, 2022, 8:55 a.m.
Bitcoin's holding steady as traditional markets melt in the wake of a hawkish Federal Reserve. (mayidefei/Pixabay)
Bitcoin's holding steady as traditional markets melt in the wake of a hawkish Federal Reserve. (mayidefei/Pixabay)