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Bitcoin has a look below 63k today
The noted high just above 65k yesterday in Bitcoin was indeed the top of the shop for the lead cryptocurrency all the way into the wider US market close. BTC has seemingly run out of steam for the time being and fallen below 63k earlier today. The low seen so far has been set at 62,671. Meantime the 50 day moving average which defined the breakout last week is still rising and in place right now at 62,006. That could be an important level again today. The high seen so far has been set much earlier today, at 63,448. Bitcoin is currently trading at 63,145
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Nasdaq 100 slides below 18,500
Well, so much for the higher opening for the Nasdaq 100 earlier this afternoon. The push back above 18,900 looks some way off now, as the index... -
Now risk aversion takes hold of the USD/JPY as US yields fall back again
Well, you were warned about the price action likely to be seen in the USD/JPY this afternoon and it sure is volatile and since the last update noted... -
US stocks slide further into the red- S+P 500 falls below 5,450
As just mentioned in the previous update, the US stock markets have turned sharply lower since opening this afternoon. Hence we now have a fresh...
