The aussie is weighed a little lower by weaker PMI data earlier in the day but also as buyers in AUD/USD continued to show signs of further exhaustion this week, with price now sitting back below the 0.7000 handle.
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The price of bitcoin (BTC) jumped by more than $1,000 in the expanse of 30 minutes yesterday, with the rest of the market following suit, rising between 5-20 percent, while Litecoin (LTC) outperformed all other top 10 crypto by market capitalization.
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Gold prices appear to be stuck in a holding pattern as US Treasury Secretary Steven Mnuchin intends to hold a call with Chinese officials this week, but current market conditions may keep the precious metal afloat as the Federal Open Market Committee (FOMโฆhttps://t.co/mIrMIXCy6c
Bitcoin (BTC) continued to enjoy strong buying trends this week and briefly topped $13,000. But then the price fell on comments by U.S. Federal Reserve Chairman Jerome Powell.
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Overall there is strength in the JPY and AUD, with minor strength in the CAD and, CHF and weakness in the GBP, with minor weakness in the EUR, USD and, NZD.๐จโ๐ผ๐ฉโ๐ผ๐จโ๐ป
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Bitcoin is down more than $1,700 since yesterday after a violent sell-off that rocked the markets and caught even seasoned traders off-guard.๐จโ๐ผ๐ฉโ๐ผ๐จโ๐ป
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