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Bitcoin Price Is Stuck Near $20,000. Look for a Surge in Volatility.

Lucinda Keatinge by Lucinda Keatinge
October 5, 2022
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Bitcoin Price Is Stuck Near $20,000. Look for a Surge in Volatility.
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Bitcoin


and other cryptocurrencies were little moved Wednesday after being buoyed in the past few days by a boost in sentiment for risk-sensitive assets in wider markets. Continuing to trade in a narrow range means Bitcoin may be poised for volatility.

The price of Bitcoin has risen 1% over the past 24 hours to $20,100. The largest cryptocurrency popped back above the psychologically important $20,000 level on Tuesday, having come perilously close to yearly lows below $18,500 just last week.



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Tags: BitcoinPriceStucksurgeVolatility
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