Market Wrap: Bitcoin Little Changed as Analysts Remain Skeptical

Posted on by American Coins & Gold

Market Wrap: Bitcoin Little Changed as Analysts Remain Skeptical
Bitcoin (BTC) rose above $36,000 on Tuesday but was still down about 0.38% over the past 24 hours, compared with a 0.76% fall in ETH. Considering the rebound earlier today, it appears that buyers are starting to return, but some analysts expect choppy price action ahead of the U.S. Federal Reserve’s press conference on Wednesday. Fed officials kicked off their policy meeting today.The Fed is expected to provide details about ending its asset-purchase program in March, which could coincide with a rate hike. Concerns about a tighter monetary policy have contributed to a sharp sell-off across speculative assets, including equities…