Bitcoin, ether on track for a positive February despite mid-month drop and fading 2023 risk rally
Publishing timestamp: 2023-02-28 17:20:06
Summary
Bitcoin and Ether have posted modest gains in February, despite a brief sell-off earlier in the month due to potential regulatory crackdowns. Hong Kong's plans to legalize retail crypto trading has been a positive catalyst for the crypto market, while investors in the US are watching the Fed. Crypto assets have not been affected by the macro events that have caused declines in the S&P 500 and Nasdaq Composite.
Sentiment: POSITIVE
Tickers: ETH.CM=, .SPX, .IXIC, BTC.CM=,
Keywords: bitcoin, bitcoin/usd coin metrics, ethereum/usd coin metrics, s&p 500 index, markets, nasdaq composite, investment strategy, business news, technology, cryptocurrency,