Reuters: Bitcoin Jumps to Highest Since June as Rally Gathers Pace

Our Head of OTC Trading, Richard Usher, spoke to Elizabeth Howcroft and Tom Wilson at Reuters as Bitcoin hits a nine-month high amid chaos in the global markets.

“With CPI falling in line with expectations today and the recent fall in global yields signalling that interest rate hikes may be pared back, we have broken $25,000 with $28,000 the first target.”

Read the full article here.

bcb yield
crypto
crypto banking
crypto banking institutions
press coverage

Written by

Richard Usher

Richard Usher, our Head of OTC Trading, has spent nearly 30 years in the world of Banking specialising in Foreign Exchange (FX) trading before combining his knowledge of these markets with Crypto. Most recently Richard was Head of FX for Europe the Middle East and Africa at J.P.Morgan, following on from his role as Chief FX dealer at Royal Bank of Scotland.