US Equity markets are trading both ways, potentially easing into a longer-term period of consolidation. US Dollar has been weak with the move in bitcoin although gold has not done a lot so far itself.
The IMF were speaking about a new Bretton Woods moment, and it is this kind of chat that we signalled a lot earlier in the year as significant in the future of money.
With the USD being bearish through the rally in bitcoin we watch today for the market to take a breather, which could propel it another leg higher in due time. It could be time to cool the jets when the all time high is seen to be a potential target.
Bitcoin last traded at $12,997
24 hr high: $ 13,208
24 hr low: $ 12,686
Bitcoin USD Chart
Ethereum is also trading higher overnight with bitcoin although bitcoin dominance is beginning to move higher.
24 hr high: $ 421
24 hr low: $ 390
Ethereum USD Chart
Most digital assets performed strongly overnight with the strength in bitcoin becoming strength in digital assets.
|Asset||Code||Price (USD)||24hr Change (%)||Volume||Market Capitalisation|
|Universal Market Access||$UMA||8.12||0.06035||16,876,735.00||$449,206,016.00|
The US presidential debate is on tonight which is probably the main event. Whether this has the potential to move markets is up for question.
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