Cryptos bounce back
After mostly registering declines last week, the mixed trend seen yesterday in crypto markets shifted towards a much more positive direction over the past 24 hours. The majority of top 10 cryptos were in the green at the time of writing, 7 of which climbing 4% or more. Bitcoin was back over the $8,000 mark, trading above $8,200 this morning.
Today’s highlights: New instruments added to eToro
- Asian markets seen higher: Markets in the East registered impressive gains this morning. The JPN225 index was up around 1% at the time of writing, while the China50 index jumped more than 2%, as Chinese markets returned from the week-long National Day holiday. The HKG50 was also seen higher at the time of writing.
- Powell to speak today: Fed Chair Jerome Powell is scheduled to deliver a speech at a conference in Denver at 17:50 GMT. Powell’s words could generate volatility for the USD and other key financial instruments in the US.
The post eToro Daily Update
08/10/2019 appeared first on eToro.