Fed & Debt Risks Loom Over Bitcoin, Altcoins Outperform & Gauging Blockchain Activity
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September was "relatively calm" for Bitcoin and other crypto assets compared to past years, says Jim Ferraioli of @CharlesSchwab. That doesn't mean risks don't exist for crypto assets. Jim points to the Fed's interest rate hike, paired with ballooning U.S. debt, as key risks crypto investors need to navigate. Meanwhile, altcoins have recently outperformed against Bitcoin despite the latter's recent rally. Jim explains how all of these ties into his technical analysis for Bitcoin and addresses the spike in layer-1 and layer-2 transaction activity. ======== Schwab Network ======== Empowering every investor and trader, every market day. Subscribe to the Market Minute newsletter - https://schwabnetwork.com/subscribe Download the iOS app - https://apps.apple.com/us/app/schwab-network/id1460719185 Download the Amazon Fire Tv App - https://www.amazon.com/TD-Ameritrade-Network/dp/B07KRD76C7 Watch on Sling - https://watch.sling.com/1/asset/191928615bd8d47686f94682aefaa007/watch Watch on Viz
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