Bitcoin's Correlation With Tech Strengthens as Risk Appetite Returns
Bitcoin’s Correlation With Tech Strengthens as Risk Appetite Returns
Source: eurocapital.gr
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Bitcoin’s Correlation With Tech Strengthens as Risk Appetite Returns
Bitcoin is holding on to its recent drop, leaving the token on course for its worst monthly drop since the cryptocurrency rout in May.
The volatile token was trading at about $48 000 as of 1:40 p.m. Wednesday in Singapore, following a near 7% drop from a day earlier.
Strategists are keeping an eye on key technical levels to try and figure out clues about Bitcoin’s outlook.
Didi is moving its stock listing to Hong Kong, heralding more departures as Beijing ramps up scrutiny of China’s corporate sector.