Bitcoin's safe haven capital inflows may be reversing due to tariffs delays
From leaprate.com
The Dow Jones and S&P 500 stock indexes are up, and, coincidentally, Bitcoin is down over the past five days after assaulting $12,000 on several occasions. BTC has succumbed to selling pressure, presumably to fund the rise in equities across the financial street. It had held $11,400 for a space of time, but it now has dipped down to $10,863, per Bitstamp. Hourly charts reflect a Bitcoin battle where bears are suddenly taking charge, while even a daily chart reports a modified “Bear Cross”, where the 10-Day moving average has eclipsed the 5-Day MA. Why the sudden shift in market activity? In a surprise move, the Trump ...
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