Capital markets continue to meander with a loosening of previous correlations. Oil has traded higher with S&P500 lower and gold trading sideways.
We have been expecting moves in December because it has been a big year and presumably there are adjustments to be made into year end.
With other markets meandering it gives Bitcoin a chance to continue probing lower.
Bitcoin last traded at $18,000
24 hr high: $ 18,564
24 hr low: $ 17,909
Bitcoin USD Chart
At this point Eth is not doing anything that Bitcoin isn’t doing – although we expect it to be more volatile.
24 hr high: $ 572
24 hr low: $ 546
Ethereum USD Chart
There is carnage in digital assets overnight with many assets lower by over 5% and almost all assets lower
|Asset||Code||Price (USD)||24hr Change (%)||Volume||Market Capitalisation|
|Universal Market Access||$UMA||7.18||-4.04343||8,038,642.00||$399,251,140.00|
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