Bitcoin Trades Around $19,000. Two Catalysts That Could Finally Spark a Big Move. – Barron’s - Stock Invest Hub

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Monday, October 24, 2022

Bitcoin Trades Around $19,000. Two Catalysts That Could Finally Spark a Big Move. – Barron’s

Bitcoin and other cryptocurrencies were little changed Monday as digital assets continued to show uncharacteristic calm amid a correlation with stocks. But the week ahead holds at least two catalysts that could finally spark a big move.

The price of Bitcoin has risen less than 1% over the past 24 hours to above $19,300. The largest crypto continues to trade in a relatively tight range between $19,000 and $20,000—a zone that has largely held since early September amid historically low levels of volatility in Bitcoin.



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