Bitcoin price outlook shifts from “bullish to neutral” as geopolitical tensions simmer

Bitcoin shifts from “bullish to neutral” amid global uncertainty

The summer of wild crypto price rallies is over, as Bitcoin and other assets succumb to the same “macroeconomic forces” that have sent global stocks into a tailspin. Data from crypto exchange SFOX shows a shift in cryptocurrency price movements from “bullish” to “neutral,” amid simmering US-China trade tensions and the muted performance of the Bakkt exchange following its much-anticipated launch.