Bitcoin Diverges From Falling Equities
Things are looking good this Monday morning/early afternoon with Bitcoin around $6,380
Bitcoin Diverges From Falling Equities With $500 Price Rise
“The top cryptocurrency by market value picked up bids near $5,850 during the Asian trading hours and rose around $500 to $6,344 at 07:14 UTC. At press time, the global average price, as calculated by CoinDesk’s Bitcoin Price Index, was at $6,290, up 7 percent on the day.
Bitcoin found takers even though stocks in Asia dipped alongside losses in S&P 500 futures, possibly over renewed fears of a prolonged coronavirus-led lockdown across the globe.”