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Bitcoin Ignores $2.3 Trillion Fed Cash As Pundit Warns Of Sucker’s Rally

Bitcoin Ignores $2.3 Trillion Fed Cash As Pundit Warns Of Sucker's Rally
 Bitcoin relative mining difficulty chart with logarithmic vertical scale. Relative difficulty defined as 1 at 9 January 2009. Higher number means higher difficulty. Horizontal range is from 9 January 2009 to 8 November 2020
Image by Ladislav

Bitcoin (BTC) braved less volatile but choppy trading on April 9 as the United States Federal Reserve flooded markets with trillions in dollars.

Data from Coin360 and Cointelegraph Markets showed BTC/USD still keeping within a tight $400 corridor between $7,100 and $7,410 as the week continued.

A sudden dip to $7,110 formed the most volatile feature of the past 24 hours. At press time, Bitcoin traded at around $7,325.

To read more visit CoinTelegraph.

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