I wasn't expecting regional stock gains to bleed over into our space this fast. Seeing $BTC catch a bid right alongside semiconductor equities completely flipped my short-term outlook.
A report from coindesk.com noted Bitcoin popped past $81,400 earlier today as chip stocks in Asia rallied. Even with the total value of all coins down 2.17% over 24 hours to $2.74T, buyers stepped up.
Bitcoin share of that value sits at 59.5% right now. What caught my eye was $PEPE jumping 9% alongside it. The market mood meter sits at 51, totally neutral.
It makes me wonder if global stock moves are setting our trend more than internal crypto triggers right now.
How closely are you watching traditional equity markets before taking your next trade?
NFA | DYOR #BinanceSquare #WriteToEarn #Bitcoin #Crypto
A report from coindesk.com noted Bitcoin popped past $81,400 earlier today as chip stocks in Asia rallied. Even with the total value of all coins down 2.17% over 24 hours to $2.74T, buyers stepped up.
Bitcoin share of that value sits at 59.5% right now. What caught my eye was $PEPE jumping 9% alongside it. The market mood meter sits at 51, totally neutral.
It makes me wonder if global stock moves are setting our trend more than internal crypto triggers right now.
How closely are you watching traditional equity markets before taking your next trade?
NFA | DYOR #BinanceSquare #WriteToEarn #Bitcoin #Crypto