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Bitcoin hits session lows near 58k as US stocks slide

The reactions across the markets to the higher prices paid component of the US August ISM report has sent US stocks lower and now the Nasdaq 100 has fallen to below 19,300. The dollar is mixed but certainly not higher on balance and that looks like risk aversion is denting it, especially the USD/JPY, as these stock indexes start to look rather ugly just now. The other impact of all this has been to undermine Bitcoin and Gold for that matter too. BTC has now fallen very close to the 58k handle as it sets fresh session lows this afternoon

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