Bitcoin traded at $86,423 on Tuesday, up from below $76,000 a week ago, as Tom Lee and iTrustCapital CEO Kevin Maloney said the worst may be behind investors. According to BeInCrypto, Maloney said the crypto winter is over, while Lee argued the Fed cannot get more hawkish after a 0.25-point rate hike and a failed CLARITY Act vote. Maloney said a weekly close above $85,000 would leave Bitcoin in a good position.
