News Formal

Bitcoin called 'weakest link' for trading flat while stocks and gold climb higher

  • 📰 KitcoNewsNOW
  • ⏱ Reading Time:
  • 45 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 21%
  • Publisher: 78%

مصر أخبار أخبار

مصر أحدث الأخبار,مصر عناوين

Cryptos traded flat on Tuesday while stocks climbed higher in response to comments from the Fed that there might not be a need for any more interest rate hikes.

- Cryptocurrencies traded flat on Tuesday as the world’s attention remains focused on developments in Israel following the surprise attack by Hamas over the weekend.

WTI and Brent crude futures each lost almost 1% to trade below $86 and above $87, respectively. The DXY and 10-year Treasury note also continued to pull back from their recent highs, which helped provide some relief for risk assets. Data provided by TradingView shows that Bitcoin traded in a narrow range between $27,295 and $27,745, suggesting that sooner or later, its price will experience a breakout, though which direction remains uncertain.The subdued price action was also prevalent in the futures market as “October Bitcoin futures prices near steady in early U.S. trading Tuesday,” according to Kitco senior technical analyst Jim Wyckoff.“Price action has seen a pause recently, which is not bearish,” Wyckoff said.

November 21st has historically been the key pivot point for a bullish shift. Will be interesting to see how $BTC responds. pic.twitter.com/zP9vlG31Qc

لقد قمنا بتلخيص هذا الخبر حتى تتمكن من قراءته بسرعة. إذا كنت مهتمًا بالأخبار، يمكنك قراءة النص الكامل هنا. اقرأ أكثر:

 /  🏆 13. in EG
 

شكرًا لك على تعليقك. سيتم نشر تعليقك بعد مراجعته.

مصر أحدث الأخبار, مصر عناوين

Similar News:يمكنك أيضًا قراءة قصص إخبارية مشابهة لهذه التي قمنا بجمعها من مصادر إخبارية أخرى.

Stocks climb amid hopes Fed is done with hikes: Stock market news todayDovish comments from Fed policymakers are spurring optimism that the tightening campaign could be over.
مصدر: YahooFinanceCA - 🏆 47. / 63 اقرأ أكثر »

Stocks climb, yields plop amid hopes Fed is done with hikes: Stock market news todayDovish comments from Fed policymakers are spurring optimism that the tightening campaign could be over.
مصدر: YahooFinanceCA - 🏆 47. / 63 اقرأ أكثر »

US futures tick higher amid hopes of end to Fed hikes: Stock market news todayDovish comments from Fed policymakers are spurring optimism that the tightening campaign could be over.
مصدر: YahooFinanceCA - 🏆 47. / 63 اقرأ أكثر »

US futures tick higher amid hopes Fed is done with hikes: Stock market news todayDovish comments from Fed policymakers are spurring optimism that the tightening campaign could be over.
مصدر: YahooFinanceCA - 🏆 47. / 63 اقرأ أكثر »