Coinbase Executive Warns: Bitcoin Rally Still Hinges on Fed and Oil

Coinbase’s David Duong warns Bitcoin’s recovery faces hurdles as Fed policy and oil prices remain key risks despite the U.S.-Iran ceasefire. The U.S.-Iran ceasefire gave markets a brief moment to breathe.  Oil prices tumbled from near $117 into the low $90s. Bitcoin crossed $72,000. Stocks and risk assets rallied broadly.  But according to Coinbase’s Head … Continue reading Coinbase Executive Warns: Bitcoin Rally Still Hinges on Fed and Oil