Post
Mona Maken
$BTC is down 4.7% this week, $ETH has lost 8.6%.
Yet US equities are still trading relatively close to their highs.
The divergence is worth paying attention to.
While Nasdaq futures dropped 1.38% in the latest session, they’re still up 1.38% in October. The S&P 500 is also positive for the month at +1.56%.
Crypto is telling a different story:
• $BTC: bounced from the $81.1K support area and its 50-day moving average, recovering toward $82.5K.
• $ETH: briefly touched $2,406.
#DailyOrbit
Disclaimer: OKX Orbit content is provided for informational purposes only. Learn more
Replies
No comments yet. Be the first to reply!
Trending crypto
BTC/USDTBitcoin
$83,703.8+0.00%
ETH/USDTEthereum
$2,558.84+0.01%
MAGIC/USDTMagic
$0.121-0.05%
Today’s market buzz
1#CPIPPIHikeWatch
2#RussiaUkraineTruceWatch
3#TSMCOct15Earnings
