Ready to Get Started?
Start here. Join over 3M Libertex users around the world!
Bitcoin slides towards 40k in Asian trading
Late on Friday evening Bitcoin extended its rebound from an earlier session low that day, close to 43k, to rise to its highest level of the year to date, when it lifted just above 44,700. However, it immediately backed off very early on Saturday morning and did what it does so often these days, and trade mostly sideways for the rest of the weekend inside a pretty confined range. However, that has not bee the case in Asia today because BTC and many other leading coins took a dive earlier this morning. Maybe it was the lack of momentum over the weekend that caused the falls, or perhaps it was a rebound in the dollar and gains in treasury yields. Whatever caused the bailout it is was sharp with a fall of more than 7% earlier in BTC, as it slumped to a low at 40,521. It has rebounded again right now, trading back above 42k again, around 42,175
Market News
All News-
A note about Quick News updates this afternoon as the DAX rejects first attempt at 22k
Earlier an update here noted the surge in the DAX and the prospect, or possibility that it might test the 22k handle. Well, in the event it stalled... -
Is Tump playing the fool or just playing the markets? Dow Jones futures eyeing yet more gains
Before we get to the crux of this update let it be stated; that no one is being accused of anything and this is just a conscientious observers take on... -
US PMI data could be telling this afternoon- S+P 500 close to session highs
So, we have had a whole host of PMI data from Europe this morning and later this afternoon, at 1.45pm GMT we will get the equivalent data from the US...
