Bitcoin marginally higher this week, but still below $30K


Source: seekingalpha.com seekingalpha.com

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Bitcoin (BTC-USD), which is struggling to break past $30K, stayed rangebound in a week that saw the Federal Reserve signal a pause in its tightening policy and a jobs report that showed a stubbornly tight labor market. The top cryptocurrency is on track for a weekly gain of close to 1%, but ether (ETH-USD) is set to end the week 5.3% higher. The Fed raised its benchmark lending rate by 25 basis points, as expected, and softened its stance slightly to signal that the central bank isn't necessarily expecting further firming. However, the latest jobs report could pressure the Fed...