
Brazil is struggling on both the humanitarian and the financial frontы. As a result, Brazilian real is weakening
On Thursday, Bitcoin generally dived, proceeding with its losing marathon.
After Monday’s leap, Bitcoin moved down towards $6,500. As a result, on Thursday the currency pair BTC/USD hit $6,453.14, declining by 0.9% on the Kraken exchange.
However, some market experts pointed out that Bitcoin’s uncertainly might be coming to its end. To prove their words, they refer to the soaring number of transactions a second. They’re assured that it’s a 100% sign that the end of the flat cycle is over there.
As a matter of fact, transactions a second appears to be a gauge of the scalability of blockchain technology.
Some financial analysts are assured that the coming several weeks could appear to be a near-term pivotal point for many crypto assets. It can be explained by the fact that the vast majority of crypto assets have stayed in narrow consolidations for a long period, although many are actually testing crucial technical trading levels. So, if these levels are broken, it will undoubtedly provoke a dramatic response by market participants.
Experts added that the midcap, large-cap as well as small-cap indexes, which all of the firm tracks are pushing resistance, as well as a jump above the index peaks in September could provoke a run up.
The collective alternative to Bitcoin, altcoins followed the most popular digital coin down on Thursday. As a matter of fact, the currency pair ETH/USD lost approximately 2.1% hitting $198.76. The currency pair BCH/USD lost nearly 2.3% hitting $429.10. The currency pair LTC/USD declined by about 2.1% showing $51.47. The currency pair XRP/USD dipped by almost 2.3% demonstrating 45 cents.
The Cboe Global Markets November delivery futures XBTX8 lost 0.7% ending up with $6,380. Besides this, the CME Group October delivery futures BTCV8 concluded Thursday at $6,390, heading south by 0.5%.
Brazil is struggling on both the humanitarian and the financial frontы. As a result, Brazilian real is weakening
Canada will publish employment change and an unemployment rate on Friday, at 15:30 MT time.
USD/CHF and EUR/CHF rose to tactical highs. What's next?
US retail sales will be out on Thursday, April 15, at 15:30 MT. It is a significant release for traders as it will impact the US dollar.
As the earnings season kicks in, JPMorgan is the first to impress us with the better-than-expected data!
The Reserve Bank of New Zealand will hold a meeting on Wednesday, April 14, at 05:00 MT.
FBS maintains a record of your data to run this website. By pressing the “Accept” button, you agree to our Privacy policy.
Your request is accepted.
A manager will call you shortly.
Next callback request for this phone number
will be available in 00:30:00
If you have an urgent issue please contact us via
Live chat
Internal error. Please try again later
Don’t waste your time – keep track of how NFP affects the US dollar and profit!
Beginner Forex book will guide you through the world of trading.
We've emailed a special link to your e-mail.
Click the link to confirm your address and get Beginner Forex book for free.