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Bitcoin's 10-day flat
Bitcoin is up 3.1% over the past 24 hours, trading around $19,400. After a downward momentum early in the day, the first cryptocurrency received some support thanks to a recovery in risk appetite.
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Week Ahead: Quiet calendar, but volatility and fear pick up
After the latest flurry of hawkish central bank meetings, there are few major scheduled risk events across the next few days. But markets go into a new week in a heightened state of unease. The Vix index is a whisker away from 30 after the Fed recently confirmed its aggressive hiking cycle remains in full swing. The well-known CNN “Fear & Greed” index has also just moved into “extreme fear”.
Vantage
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Bitcoin seems to be regaining defensive status
Check out the Daily Expert Cryptocurrency Market Commentary brought to you by the FxPro Analyst Team
FxPro
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