Ready to Get Started?
Start here. Join over 12M Libertex users around the world!
BTC back above 64k earlier today helped by Nasdaq 100 gains
We shall look at the Nasdaq 100 in more detail later this morning, but suffice to say it had a good day yesterday and by the close it was the best performing major US stock market index. That was clearly not lost on Bitcoin and clearly the lead coin took advantage of the rebound in tech.
Earlier in the day we noted how BTC was falling back and that delivered a low at 62,222. However as risk came back almost everywhere one cared to look (except gold perhaps), BTC moved swiftly higher and that saw it rise ti test the 64k handle ahead of the wider US close.
Earlier today it pushed higher again and not so long ago set a session high, at 64,171- back above the 50 day moving average yet again (in place right now at 63,250). To be honest with you, the more it keeps traversing that technical level, the more we are less inclined to even mention it.
Anyway, leaving that aside, BTC has stepped back from that earlier high right now, currently trading at 63,785
Market News
All News-
Close but not quite for the S+P 500 yesterday- JOLTS in focus later today
Yesterday, like the Dow Jones, the S+P 500 also came close to breaking new ground, when it reached a high at 7,610.04. That was just some 10 points...
-
Brent crude edges back from above $85 in recent trade
Yesterday oil prices made steady gains and that saw Brent crude for October delivery lift from levels close to $82.50 and make a push above $84.50...
-
DAX and CAC set new records on the opening
The European stock markets have just this minute reopened for live trading and it has already been a red letter day for the DAX and the CAC. Both have...