
Today is exciting for traders of major pairs and the Canadian dollar because we await the Canadian inflation and the US Retail Sales releases. What is the other news we need to follow today? Let’s have a look.
Bitcoin hit a record high of $62,650 today, driven by encouraging news:
Coinbase Global Inc., the leading cryptocurrency exchange in the US, will go public on the Nasdaq index on April 14!
According to crypto lender Nexo: “Coinbase listing on the Nasdaq is as bullish a signal as possible at this current stage”. Some investors have doubts over the company’s stability as cryptocurrencies are volatile, but anyway it will be interesting to follow and should improve the market sentiment. BTC/USD, other cryptocurrencies, Nasdaq, and other stocks will be mostly impacted! Follow the event on April 14 and keep an eye on the charts!
BTC/USD is trading inside the ascending channel. If has managed to break the all-time high of $62,650, therefore, the way up to the next round number of $65,000 is clear now. Such a great event may even drive Bitcoin to $70,000 – everything is possible!
After the hype dies down, BCT/USD may drop. If it drops below the psychological level of $60,000, it may drop to the recent low of $59,500.
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Today is exciting for traders of major pairs and the Canadian dollar because we await the Canadian inflation and the US Retail Sales releases. What is the other news we need to follow today? Let’s have a look.
Good morning, traders! Here’s the most impactful news of the week and the day. The market will be highly volatile, so you better be ready.
In today's market insights, we delve into Citibank's oil price predictions, the evolving competition between Huawei and Apple, the Saudi Arabia-Tesla partnership, and the upcoming rate decisions from the world's major central banks.
The Japanese yen fell to its lowest level against the US dollar in 33 years. Read the full report to learn the next target for USDJPY!
The US stock market fell in the third quarter. What's going on and why economists think that the last quarter will be better? Let's discuss it all here.
BlackRock CEO forecasts the Fed may have to raise rates further. The US dollar index (DXY) gains 130 points today. Read the full report to get more fresh news and technical analysis!
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