Bitcoin Drops Back Below $19K & Trades Alongside U.S. Dollar

Published: Sept. 27, 2022, 9:51 p.m.

b'Bitcoin Futures (/BTC) dropped back below the $19K price level. "There was a classic case of risk-on this morning as the U.S. Dollar was slightly weaker and when it started to rally back up, it was a case of risk-off. The crypto market is tentative currently like the equity market. Bitcoin traded with the Nasdaq in the past and now it is trading with the U.S. Dollar," says Scott Bauer.'