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Following positive news about US-China trade talks,
Nasdaq 100 futures + 2%
Gold -1.9%
Bitcoin +1.3% (Over the weekend)
#BTC
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👀 what’s the next big shot?
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Gold gains +1.5% to $3,280. (Bitcoin and gold have shown a strong negative correlation since April 21.)
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5/19 Pre-Market - Bitcoin down -3,2% to 103,000 - DXY down -0.7% to 100.1 - SPX down -1.1% - Nasdaq down -1.5% - VIX jumps +13% to 19.5% - US 10-Year Treasury and 30-Year Treasury gain +2.5% to 4.55% and 5.02%
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Noticing short-term risk, consider cutting leverage or staying put.
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BlackRock increases its position in the iShares Bitcoin ETF by 124%, bringing its total holdings to $314 million.
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