Ready to Get Started?
Start here. Join over 12M Libertex users around the world!
BTC has another look below 77k and rebounds but it could have done better?
Earlier today Bitcoin fell back below 77k once more and this time it set a fresh interim low, at 76,458. That was at the start of the Asian session when stocks were under significant pressure and the dollar was a good deal higher. Well, since then the vista has shifted and oil has fallen back and stocks have rebounded and that in turn has allowed BTC to bounce.
That bounce has taken it as high as 77,396 not so long ago, but you know what? That is not exactly a dynamic rebound, because arguably it could so easily have done better than that. As to whether it can from now on remains to be seen. BTC is right now at 77,285
Market News
All News-
Dow Jones sure kicks off on the front foot this afternoon
We shall come back later perhaps with the precise opening for the Dow Jones this afternoon, but suffice to say it was markedly higher and effectively...
-
A bull trap?- USD/JPY does a Volte Face
Since the initial reaction higher in the USD/JPY which saw it jump immediately above 154.40, the dollar has since fallen back below the earlier lows...
-
A very lively two-way reaction to the US CPI data- check out the S+P 500 futures now
The immediate reaction to the US CPI report was rapid and dramatic across a number of markets. We already covered the USD/JPY and Gold and now we look...