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  • S&P/TSX

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    +152.39 (+0.63%)
     
  • S&P 500

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    +40.91 (+0.71%)
     
  • DOW

    42,512.00
    +431.63 (+1.03%)
     
  • CAD/USD

    0.7282
    -0.0012 (-0.17%)
     
  • CRUDE OIL

    73.91
    +0.67 (+0.91%)
     
  • Bitcoin CAD

    83,608.55
    -1,696.71 (-1.99%)
     
  • XRP CAD

    0.72
    -0.00 (-0.62%)
     
  • GOLD FUTURES

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    +6.90 (+0.26%)
     
  • RUSSELL 2000

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    +5.60 (+0.26%)
     
  • 10-Yr Bond

    4.0670
    +0.0340 (+0.84%)
     
  • NASDAQ futures

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  • VOLATILITY

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Bitcoin’s Big Break

Fundamental Analysis

A short-term decline in yields from bonds while risk appetite has been somewhat lower might continue to support the price.

This week traders are monitoring American GDP data most closely, which are likely to be at least somewhat positive, plus personal consumption expenditures at the end of the week.

Bitcoin Price Analysis by Antrea Themistokleous & Michael Stark

Watch our market outlook for more:

This article was originally posted on FX Empire

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