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Weekly Analysis: Bitcoin in Correction Again as Stocks Remain Mixed

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Weekly Analysis: Bitcoin in Correction Again as Stocks Remain Mixed


This article was posted on Saturday, 18:29, UTC.

Weekly Recap Asset Current Value Weekly Change S&P 500 2389 -0.48% DAX 12770 0.81% WTI Crude Oil 47.88 3.17% GOLD 1228.00 0.00% Bitcoin 1761 10.77% EUR/USD 1.0932 -0.56%   Stock markets had a relatively quiet week once again, with only Donald Trump and the Bank of England making waves during the period. Trump fired FBI director Comey in yet another surprising move, causing a slight dip in US markets, and a jump in volatility off its multi-decade lows. The aftermath of the second round of the French presidential election might have been a disappointment for bulls as the following rally…

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Mate Cser

Mate Cser

Trader and financial analyst, with 10 years of experience in the field. An expert in technical analysis and risk management, but also an avid practitioner of value investment and passive strategies, with a passion towards anything that is connected to the market.

As CCN earlier reported, WannaCry has infected more than 36…