via CoinDesk · By CoinDesk Staff
Live markets: Bitcoin continues holding pattern near $77,000 ahead of Kevin Warsh taking over at Fed
BTC/USDT
$19,547,398,312.88
$64,730.15 / $61,938.00
Change: $2,792.15 (4.51%)
+0.0013%
Longs pay
As has been the case all week, bitcoin (BTC) is trading in a tight range around the $77,000 level in U.S. morning action.
There was some economic news on Friday morning, and it wasn't pretty. The University of Michigan Consumer Sentiment Index for May fell to a record low 44.8 from 48.2 previously and versus economist forecasts for 48.2. The Expectations Index also fell to a record low of 44.1.
The…
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