Bitcoin rallies after Fed interest rate hike, but bears can still win Friday’s $1.76B options expiry, LIVE Cryptocurrency Updates By www.KitesCommodity.com Get Connect With Us For Latest Update

Bitcoin’s (BTC) price has been stuck in a descending channel since July 20 and it is currently heading toward the $20,000 support by the end of July. Adding to this bearish price action, BTC is down 50% year-to-date, while U.S. listed tech stocks, as measured by the Nasdaq-100 index, accumulated a 24% loss.

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