U.S. stock markets opened mixed on Friday and turned negative by mid-morning, overshadowed by the 'quadruple witching' expiry of the quarterly options contracts on both single stocks and index futures that have so dominated trading in the last three months..
He’s not the only one that thinks Bitcoin should hold this level.
As reported by NewsBTC, a historically accurate trader believes that Bitcoin must hold $10,000 to maintain its bullish uptrend. The trader in question is one who predicted BTC’s price action to a T in late-2018, then all throughout 2019.
The pound is set for second-straight weekly slump on Friday, as no-deal Brexit fears persist after the U.K. Prime Minister Boris Johnson reportedly pushed ahead with a bill that would seek to override the withdrawal deal despite threats from the EU.
The dollar slipped in early European trade Friday, with the euro showing strength as traders took heart from Thursday’s European Central Bank meeting. Sterling rebounded after a robust bounce in activity in July, but further losses look likely.
Gold prices ended up for the week but the “mini rally” of the past three days — which saw the yellow metal rise less than $10 daily on the average — came to an abrupt end Friday as volatility struck financial markets again in the absence of clear drivers.