Friday, 26 August 2022

Bitcoin, Ethereum Sell-off Deepens as Fundamentals Drive Crypto Lower

Bitcoin, Ethereum and alt coins ruined by Fed Chair Jerome Powell’s speech that sent cryptocurrency and risk assets into a sea of red. Next up is ISM and NFP, two big data points for risk aversion.

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ECB Leaves Rates Unchanged, Rate Cut Looms, EUR/USD Steady Ahead of Press Conference

The European Central Bank left all three official rates unchanged as expected. Traders are now focusing on the press conference for any clue...