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Bitcoin dives on Wall Street open, DOGE price jumps on Elon Musk’s Twitter offer

Bitcoin’s copycat moves leave traders with few options but to wait to monitor equities and hope for a correlation breakdown.
Bitcoin (BTC) took a chunk out of its impulse move above $41,000 on April 14 as Wall Street opened with a whimper. BTC/USD 1-hour candle chart (Bitstamp). Source: TradingViewBitcoin follows stocks downhillData from Cointelegraph Markets Pro and TradingView followed BTC/USD as it made swift losses as trading began on April 14.The pair had been approaching $41,600 the day prior, but momentum ran out overnight, and the largest cryptocurrency took minutes to shave almost $1,000 off its price at the opening bell. At the time of writing, $40,000 was still in play as support but bulls had similarly failed to recoup the latest lost ground.Traders began to favor a fresh downside once again, the mood fueled by a disappointing start for U.S. equities and Bitcoin’s implied correlation.#Bitcoin This won’t be po

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We współpracy z: https://cointelegraph.com/news/bitcoin-dives-on-wall-street-open-doge-price-jumps-on-elon-musk-s-twitter-offer

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