Bitcoin crossed the USD$90,000 Maginot Line overnight - up a stunning 30% since right before the election results started to pour in.
Source: Bloomberg
Is the Crypto Winter over?
Source: Bloomberg
Massive inflows into BTC ETFs over the last week have helped...a lot!
Source: Coinglass
...and so has the sudden resurgence in global liquidity...
Source: Bloomberg
Meanwhile, The USD dollar strength has started to hammer gold - which is now down at near two-month lows...
Source: Bloomberg
US Bond Yields surged overnight, with the 10Y yields back at their highest levels in 5 months at 4.43% catching up to the US Fed rate of 4.5-4.75%
Happy Wednesday
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Andy is the founder of ANDIKA Pty Ltd, a licensed securities & derivatives dealer. He's the author of fiction and non-fiction books and has been a University lecturer on risk and investment.
