Crypto Market Spooked by Another Bitcoin Pullback Below 100K

The ECB decided to cut its three policy rates by 25bp, in line with market expectations. The most important decision taken today, though, was to remove the pledge to keep monetary policy restrictive. The ECB now simply guides that it will use the three-tiered reaction function inputs as key metrics (inflation outlook, underlying inflation and […]

Key Highlights Bitcoin price started another decline from the $72,000 resistance zone. BTC traded below a key bullish trend line with support near $68,250 on the 4-hour chart. Gold prices consolidate near the $2,320 resistance zone. The Fed is likely to keep interest rates at 5.5%. Bitcoin Price Technical Analysis Bitcoin price failed to clear […]

Markets November EMU PMI’s were one of the final reality checks going into the December 12 policy meeting (and beyond). Last month, there was a glimmer of hope with the overall index at 50. HCOB analyses even saw tentative signs of some light at the end of the (German) tunnel. However, the November data made […]