Bitcoin Trades Near $44,000 After Longest Win Streak Since May
- Largest digital asset posted longest winning streak since May
- Fed-pivot bets may be playing growing role, IG Australia says
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Bitcoin traded close to $44,000 after notching its longest winning streak since May, a rally driven in part by expectations of looser monetary policy.
The largest digital asset climbed for six days through Tuesday, advancing roughly 16% to as high as $44,491 before giving up some gains. Its 2023 rebound from last year’s crypto rout now stands at 163%.