Bitcoin eyes $20,000
After the Thanksgiving slump which almost tested the $16,000 level, Bitcoin has steadily rallied back above the $19,000 level and has hit an all-time high as interest grows and macro arguments seem bulletproof in the short-term.
Bitcoin and all the major altcoins are rallying strongly, and it seems the momentum trade is strengthening as mass media outlets embrace crypto coverage. Bitcoin rallied to an all-time high today and appears poised to take out the $20,000 level.
U.S. dollar
The euro attempted to test the 1.20 level as dollar weakness returned as investors begin to price in a Biden administration that will see coordinated monetary and fiscal efforts early next year.
The euro held onto gains even after ECB President Lagarde noted that the EU fiscal package “shouldn’t be allowed to be delayed significantly.”
The key is this week’s employment releases, which could make Congress deliver much-needed relief as many unemployment benefits and loan moratoriums expire soon. A weak nonfarm payroll release could weigh on the U.S. dollar.
What says you on the overall U.S. dollar short-term outlook?
作者：Ed Moya，文章来源Market Pulse，版权归原作者所有，如有侵权请联系本人删除。
风险提示：本文所述仅代表作者个人观点，不代表 Followme 的官方立场。Followme 不对内容的准确性、完整性或可靠性作出任何保证，对于基于该内容所采取的任何行为，不承担任何责任，除非另有书面明确说明。
加载失败()