Bitcoin price edges closer to $20K as ‘way worse’ US data boosts stocks

Cointelegraph

Published Oct 17, 2022 10:35AM ET

Updated Oct 17, 2022 03:40PM ET

Bitcoin (BTC) headed toward $20,000 as United States equities gained at the Oct. 17 Wall Street open.

BTC/USD 1-hour candle chart (Bitstamp). Source: TradingView

Data from Cointelegraph Markets Pro and TradingView showed BTC/USD reaching $19,672 on Bitstamp, up 3.5% versus the weekend’s lows.

U.S. dollar index (DXY) 1-day candle chart. Source: TradingView
Bitcoin 1-week realized volatility chart (screenshot). Source: Glassnode

Continue Reading on Coin Telegraph