Bitcoin fell below $8400
Tuesday was a bad day for the stock and cryptocurrency markets. Bitcoin fell -20%. A few pieces of news dropped the stock market. The Supreme Court of Great Britain declared parliamentary vacation illegal. Opponents of the prime minister want his resignation. Besides, the US president is accused of betraying the oath. Congress is investigating.
17:00 (GMT+3) The United States will publish August data on new home sales. The expected indicator is 660 thousand.
17:30 (GMT+3) a weekly report on US crude oil inventories will be released. An indicator of 249 thousand can support oil prices.
Oil. Oil is falling again on Wednesday. In the morning, WTI crude oil is $56.6. Brent futures are trading near $62.2.
Gold. The protective metal is growing on Wednesday amid political problems in the US and the UK. In the morning, gold crossed the $1,531 mark.
Currency. On Wednesday, the DXY dollar index is stable. In the morning, DXY is 98.5 against the basket of major currencies.
On the morning of September 25, the dollar is rising slightly against the yen. In the morning, the pair USD/JPY is trading at 107.2.
Euro (EUR) is declining on Wednesday due to a recession in the economies of the eurozone. In the morning, the EUR/USD pair is reduced by -0.1% and is trading near 1.0995.
Pound Sterling (GBP) began to rise after a Supreme Court decision. Traders hope to cancel Brexit or exit the EU with a deal. On the morning of September 25, the GBP/USD pair is trading around 1.2435.
Cryptocurrency. Bitcoin (BTC) continues to fall in price and is trading at around $8,367. In the morning, Ethereum (ETH) is down -0.3% and is trading near $165.6. The price of Litecoin (LTC) is $54.7.
(Interval one day)
Important. This article does not contain any calls for transactions or trading recommendations. Traders are responsible for their decisions. The judgments presented here are the personal opinions of the author.