Bitcoin and cryptocurrency traders are searching for direction, with the market more-or-less treading water since the summer. The bitcoin price, hovering around $11,400 per bitcoin, has been trading broadly in line with equity markets in recent months—with groundbreaking announcements, including payments company Square SQ +0.7% buying bitcoin, failing to much move the market.
Read more: https://www.forbes.com/sites/billybambrough/2020/10/19/bitcoin-is-braced-for-a-bombshell-from-fed-chairman-jerome-powell/#471c7e57660f?source=Snapzu
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