Bitcoin pumps to $7,500 and later dumps to $6,575 amid the Coronavirus restricted Easter celebrations. Bitcoin futures on CME fall in tandem with Dow and S&P 500. Bitcoin price pumped to levels above $7,500 last week, however, the rally was short-lived as quickly as it occurred. The largest cryptocurrency has dumped again under $7,000. The entire Asian session was marred with losses that have spread into the European session. The retreat slipped past other support levels including $6,800 and $6,600. A low has been reached at $6,575, allowing a rebound above $6,700. At the time of writing, Bitcoin is dancing at $6,730 after losing 2.55% of its value on the day. President Trump’s deal could end oil war between Russia and Saudi Arabia As Bitcoin struggles to recover to last week’s highs, the oil war between Russia and Saudi Arabia carries on. However, a tweet by US President Donald Trump suggests that a deal he made could bring the dispute to an end. However, the futures for S&P 500 and the Dow are trading 1.51% and 1.50% lower on the day unbothered by the announcement that OPEC and its allies will reduce oil production by 9.7 million barrels a day. Similarly, the CME Bitcoin futures fell in tandem with both the S&P 500 and Dow futures. Binance invests quarter profits made yearly According to Binance CEO, Zhao Changpeng (CZ), the company puts a quarter of the profits incurred per year into investment. CZ was speaking in an interview with South China Morning Post. He added that Binance is now seeking opportunities beyond trading. Read more: Bitcoin price pre-halving rally a pipe dream? FX Street FX Street FXStreet is the leading independent portal dedicated to the Foreign Exchange (Forex) market. It was launched in 2000 and the portal has always been proud of their unyielding commitment to provide objective and unbiased information, to enable their users to take better and more confident decisions. View All Post By FX Street Crypto News share Read Next BoK: A rate cut in May is not ruled out – UOB FX Street 2 years Bitcoin pumps to $7,500 and later dumps to $6,575 amid the Coronavirus restricted Easter celebrations. Bitcoin futures on CME fall in tandem with Dow and S&P 500. Bitcoin price pumped to levels above $7,500 last week, however, the rally was short-lived as quickly as it occurred. The largest cryptocurrency has dumped again under $7,000. The entire Asian session was marred with losses that have spread into the European session. The retreat slipped past other support levels including $6,800 and $6,600. A low has been reached at $6,575, allowing a rebound above $6,700. At the time of writing, Bitcoin is dancing… Regulated Forex Brokers All Brokers Sponsored Brokers Broker Benefits Min Deposit Score Visit Broker 1 $100T&Cs Apply 0% Commission and No stamp DutyRegulated by US,UK & International StockCopy Successfull Traders 9.8 Visit Site FreeBets Reviews$100Your capital is at risk. 2 T&Cs Apply 9.8 Visit Site FreeBets Reviews$100Your capital is at risk. 3 Recommended Broker $100T&Cs Apply No deposit or withdrawal feesTrade major forex pairs such as EUR/USD with leverage up to 30:1 and tight spreads of 0.9 pips Low $100 minimum deposit to open a trading account 9 Visit Site FreeBets ReviewsYour capital is at risk. 4 T&Cs Apply Visit Site FreeBets ReviewsYour capital is at risk. 5 Recommended Broker $0T&Cs Apply Trade gold, silver, and platinum directly against major currenciesUp to 1:500 leverage for forex trading24/5 customer service by phone and email 9 Visit Site FreeBets ReviewsYour capital is at risk.
