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

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.

Colombia Últimas Noticias, Colombia Titulares

Similar News:También puedes leer noticias similares a ésta que hemos recopilado de otras fuentes de noticias.

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.
Fuente: Forbes - 🏆 394. / 53 Leer más »

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.
Fuente: nbcchicago - 🏆 545. / 51 Leer más »