From Bitcoin to Brexit, Here’s What Investors Need to Watch for in 2019

Is it possible that the US Federal Reserve’s decision to tighten its balance sheet contributed to bitcoin and the wider cryptocurrency market losing steam in 2018? If so, what should crypto investors expect from the independently-run central bank in the future?

Mati Greenspan, the senior market analyst at trading platform eToro, explored these and other questions in a wide-ranging webinar session on Tuesday.

Speaking on how even diverse asset classes can show correlation, Greenspan said that the Fed’s ongoing quantitative tightening program could have been one of a variety of reasons that the bitcoin price dropped so severely last year.

Reference: https://www.ccn.com/from-bitcoin-to-brexit-heres-what-investors-need-to-watch-for-in-2019/

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