Big Bitcoin Volatility on Tuesday

From tickmill.com

We’re seeing plenty of volatility in Bitcoin at the start of the new week. The leading digital asset was seen gapping higher at the open today, hitting its highest levels since the start of the month before reversing under fresh selling pressure. Price is currently holding above the 27415 level, keeping the focus on further upside while above there. News of a likely deal on the US debt ceiling fuelled a surge of demand for crypto with risk assets set to benefit sharply from an historic debt default being avoided. However, at the same time, warnings over the US administration’s regulatory crackdown on crypto are ... (full story)