Share this article

Bitcoin Gains Momentum on Fed Pivot Narrative, but Some Banks Anticipate Dollar Rebound

Bitcoin rose above $20,000 soon before press time, extending Monday's "ISM-induced" gains as dollar continued to lose ground.

Updated Oct 4, 2022, 5:01 p.m. Published Oct 4, 2022, 9:55 a.m.
Bitcoin rose past $20K during European hours. (Highcharts.com/CoinDesk)
Bitcoin rose past $20K during European hours. (Highcharts.com/CoinDesk)