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Bitcoin Reversing Heavily on Monday
Following last week’s rally and breakout above the 65,025 August highs, Bitcoin futures have reversed back below the level today. The leading crypto coin has come under heavy selling pressure through early European trading on Monday as crypto sentiment sees a shaky start to the week. The move is being pegged to the weak tone we’re seeing to risk markets across the board on Monday as stocks and commodities edge lower in response to the growing risk of a wider war emerging in the Middle East. Bullish October Looming? Despite the selling today, however, Bitcoin is on course to print its strongly monthly gain in ... (full story)
