Risk aversion dominates in the financial markets as the resurgent of coronavirus cases may slow global growth. Thus, safe-haven currencies are rising such as the CHF, the JPY, the USD, and riskier assets and commodity-linked currencies (the CAD and the AUD) are weakening.
Tag - cryptocurrency
Cathie Wood’s Ark Invest filed for the creation of a Bitcoin ETF. Apple and Amazon jumped and airlines and cruise operators dropped as the reflation trade waned.
While traders wait for the US inflation figures due on Thursday, EUR/USD, GBP/USD, USD/JPY, and XAU/USD are ruled by support and resistance levels…
Summer brings positive inflows into the crypto market! What should we be aware of?
The main digital coin erased all the gains done after Elon Musk's February announcement. What are we heading into?
Coinbase dropped as Elon Musk crashed Bitcoin. Is it a good time to buy the dips or should you wait a little longer? Let's try to find out!
Elon Musk, Tesla’s founder and CEO, said the company wouldn’t accept Bitcoin as payment any longer. As a result, BTC/USD dropped to $45,300, the low unseen since March.
US inflation rose to a 13-year high making the USD rise…
Ethereum crossed $3000 recently and is aiming at $3500 already. Is it taking over Bitcoin's place?
Tesla reported better-than-expected earnings per share after the market closes and even boosted its profit by selling Bitcoin.
The greatest sale of Bitcoin keeps going.
Coinbase Global Inc., the leading cryptocurrency exchange in the US, will go public on the Nasdaq index on April 14!