Bitcoin falls toward $38K as stocks abandon Fed 'reactionary rally'

  • 📰 Cointelegraph
  • ⏱ Reading Time:
  • 22 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 12%
  • Publisher: 51%

Brasil Notícia Notícia

Brasil Últimas Notícias,Brasil Manchetes

It's a sea of red for crypto and stocks as Bitcoin tumbles with U.S. equities on Thursday's Wall Street open.

At the time of writing, the S&P 500 traded down 3%, while the Nasdaq 100 was down 4.1%, all within the first hour of trading.— The Wolf Of All Streets

Traders were broadly unfazed by the cross-market price action, and focusing on Bitcoin, Cointelegraph contributor Michaël van de Poppe argued that there was room for a retest of $38,000 without unsettling sentiment.Twitter followers, referring to a higher low, or HL, possibly being printed on the daily chart.Fellow trader Cheds meanwhile highlighted $37,500 as the level to hold to avoid deeper weakness next.

 

Obrigado pelo seu comentário. Seu comentário será publicado após ser revisado.
Resumimos esta notícia para que você possa lê-la rapidamente. Se você se interessou pela notícia, pode ler o texto completo aqui. Consulte Mais informação:

 /  🏆 562. in BR

Brasil Últimas Notícias, Brasil Manchetes

Similar News:Você também pode ler notícias semelhantes a esta que coletamos de outras fontes de notícias.

Dow Plunges 900 Points, Tech Shares Crater As Stocks Erase Gains From Post-Fed RallyDespite a post-Fed rally a day earlier, the ongoing market sell-off continued with a vengeance on Thursday.
Fonte: Forbes - 🏆 394. / 53 Consulte Mais informação »

5 Things to Know Before the Stock Market Opens ThursdayU.S. stock futures dropped Thursday, one day after a strong Fed-driven relief rally pushed Wall Street higher for a third straight session.
Fonte: nbcchicago - 🏆 545. / 51 Consulte Mais informação »