Mati Greenspan, Senior Market Analyst at FX broker eToro, has provided his daily commentary on traditional and crypto markets for December 21, 2018. Highlights include: BCH Leads Crypto Bull Run: Crypto’s recent bull run has been headlined by Bitcoin Cash, which has risen nearly 200% since Monday. The cause of this meteoric rise is possibly…
Read more
Mati Greenspan, Senior Market Analyst at FX broker eToro, has provided his daily commentary on traditional and crypto markets for December 20, 2018. Highlights include: Markets Drop on Fed Hike: US markets dropped following the Fed announcing that it will raise interest rates from 2.25% to 2.5%. Even though they were expecting the hike, the…
Read more
Mati Greenspan, Senior Market Analyst at FX broker eToro, has provided his daily commentary on traditional and crypto markets for December 19, 2018. Highlights include: Crypto Market Rebound Due to Sentiment & Short Squeeze: The crypto market has gotten boosts from news that Tether has the reserves it claims, as well as an update from…
Read more
Mati Greenspan, Senior Market Analyst at FX broker eToro, has provided his daily commentary on traditional and crypto markets for December 18, 2018. Highlights include: Crypto Bounces Back: As global stocks dropped, the crypto market make a strong push off the floor. The rebound was likely due to a short squeeze that took out a…
Read more
Mati Greenspan, Senior Market Analyst at FX broker eToro, has provided his daily commentary on traditional and crypto markets for December 14, 2018. Highlights include: Declining Stocks for the Asian Market: Chinese investors woke up to a steep dive in retail sales and industry production rates, bringing the lowest figures in more than a decade.…
Read more
Mati Greenspan, Senior Market Analyst at FX broker eToro, has provided his daily commentary on traditional and crypto markets for December 13, 2018. Highlights include: ETH Futures Market Could Spark Innovation: The CFTC is accepting comments on an Ethereum futures market, a development which could allow entrepreneurs to develop Ethereum-based projects, while hedging against the…
Read more
Mati Greenspan, Senior Market Analyst at FX broker eToro, has provided his daily commentary on traditional and crypto markets for December 12, 2018. Highlights include: 1-Yr. Anniversary of Bitcoin Futures: BTC futures volumes often reach up to about 8% of the volumes reporter by major global exchanges — a trend likely to grow when Nasdaq…
Read more
Mati Greenspan, Senior Market Analyst at FX broker eToro, has provided his daily commentary on traditional and crypto markets for December 10, 2018. Highlights include: Weak Jobs Numbers Leads Gloomy News Cycle: Weaker jobs, weaker stance taken by Fed and the latest disagreement between Xi and Trump are all affecting the market. The focus is…
Read more
Mati Greenspan, Senior Market Analyst at FX broker eToro, has provided his daily commentary on traditional and crypto markets for December 6, 2018. Highlights include: Locating BTC’s Support: Bloomberg analysts project bitcoin heading for $1,500. While it’s possible to get that low, BTC has key support levels at $3,000 and $1,800 it would have to…
Read more
Mati Greenspan, Senior Market Analyst at FX broker eToro, has provided his daily commentary on traditional and crypto markets for December 4, 2018. Highlights include: Bond Yields Indicate Pending Recession: The 3-year and 5-year bond yields inverted for the first time in a decade. While not as strong of a recession indicator of the 2-year…
Read more