Bitcoin at $86,600 as Wall Street Turns Optimistic on Year-End Rally
- —Bitcoin is up more than 6% and trading near $86,600
- —The Fed and Bank of Japan both hiked rates this month without derailing markets
- —The S&P 500 has gone 37 days without a 1% drop
- —Strategists point to upcoming earnings and Fed commentary as the next catalysts
Why it matters: If bitcoin holds its correlation with equities, a more dovish Fed tone could extend the crypto rally into Q4.
Source: BeInCrypto AR