Bitcoin Price and Trading Report: December 3rd - Mine Digital
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Bitcoin Price and Trading Report: December 3rd

December 3, 2020 • 
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Bitcoin Price
USD Treasuries dropped overnight along with USD. Alongside this is a slight bid in gold and the Bitcoin price holding up.

Morning Traders,

Risk was bid in markets overnight at all-time highs. The opportunity to sell was there, with the S&P500 fading in the Asian session. All eyes are on the USD which has continued the selloff lower with movement in US Treasuries.

Bitcoin

Bitcoin has also held up well, back to threatening to continue on its path higher.

BTC last traded at $19,233

24 hr high: $ 19,344

24 hr low: $ 18,341

BTC/USD Chart

BITCOIN TRADE

Bitcoin remains a tricky market to trade with that great trade fading the high. There was no real reason to pick it up unless you were very bullish and thought that it was nothing more than a trade. The asset still looks strong here and could be new ATH before Monday.

Ethereum

Eth had done the better false break of the high out of the 2 assets, trading with a lot of volatility and currently consolidating near the high.

24 hr high: $ 605

24 hr low: $ 575

ETH/USD Chart

Digital Assets

Assets are mostly inline with a quiet Bitcoin, however Polkadot and the DeFi assets have had a good 24 hours.

Economic Calendar

Some important figures out of Australia today, especially in the context of Australia’s proximity to China (trade balance / imports, exports)

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