Wall Street may provide clues to the further dynamics of bitcoin
![Last week was indicative: the U.S. stock market was losing more than 1% at the end of the week by Dow Jones, S&P 500 and Nasdaq indices. European markets were pessimistic, with the DAX and CAC 40 losing more than 1.5%. Against this backdrop, bitcoin was showing negative dynamics. Discussing the week's results the analysts started saying that the US Federal Reserve with its intention to tighten the "dollar tap" frightened Wall Street and sent the indices into the "red" zone. Peter Brandt, a 40-year Wall Street trader, admitted on June 18 that he decided to drastically reduce the share of cryptocurrencies in his investment portfolio, which was 25% and previously was only 5%. Discussing the week's results the analysts started saying that the US Federal Reserve with its intention to tighten the "dollar tap" frightened Wall Street](https://newscrypto.net/wp-content/uploads/2021/06/1597314390-768x403.jpg)
Last week was indicative: the U.S. stock market was losing more than 1% at the end of the week by Dow Jones, S&P 500 and Nasdaq indices. European markets were pessimistic, with the DAX and CAC 40 losing more than…