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Bitcoin On The Brink - Major Level Broken
Bitcoin prices collapsed yesterday amidst a broader sell-off in risk markets as traders reacted to an intensification of the technology war between the US and China. Markets were also rocked by news that Trump plans to push ahead with 25% tariffs on Mexico and Canada which had previously been delayed. The news comes despite efforts by both governments to step up border efforts with tariffs set to go live next week when a month-long suspension order expires. Bitcoin Plunges The crypto market has been hard hit by the news with Bitcoin futures gapping lower at the open last night and plunging around 7%. The market has ... (full story)