Market Forecast – Will USD, S&P 500 and Bitcoin rise together in May?
The dollar is back on the front foot after Yellen’s rate comments. Also, equities are staging significant recovery despite rallying treasury yield. Oil rally pauses while Gold struggles further. Light macros ahead today but the dollar should surge further. Asian Wrap ahead of London Despite very robust earnings reports in the US, last week’s gains […]
Cryptos shed $200 billion as Investors book profit – what next for Bitcoin?
In the last 24 hours, the cryptocurrency market has shed over $200 billion in capitalization. Bitcoin price shed over 20% from the new all-time high. Binance Coin jumped to the 3rd most-capped thus displacing Ripple which has fallen out of favour in the current bullish trend. Government Stimulus, QEs and Institutional Adoptions trigger a massive […]