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21.04.2020 BTC Daily Analysis
The benchmark cryptocurrency fell by 4.30 percent to circa $6,748 per token shortly after the US oil futures price slipped into negative
Yazar: Zack Smith
Yayınlanma: 22 Nisan 2020 13:20
Güncellenme: 11 Kasım 2024 07:07
21.04.2020 BTC Daily Analysis
The benchmark cryptocurrency fell by 4.30 percent to circa $6,748 per token shortly after the US oil futures price slipped into negative territory for the first time. The two assets remain non-correlated, but bitcoin’s growing correspondence to the stock market amid the fast-spreading coronavirus pandemic might have led its prices to decline.
Bitcoin’s intraday fall did not stop its prices from holding its prevailing uptrend. The cryptocurrency plunged right into what appears like its interim support before attempting a minor pullback heading into the Asian session Tuesday.
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