Cryptocurrency markets rocked by news from China
The COVID-19-related death case reported six months later in China had a negative impact on global markets.
The negative climate continues in the markets, which started the week with sales with the news of the death caused by Covid-19, 6 months after China, and the US futures indices and European stock markets started the day negative.
Cryptocurrency markets rocked by news from China
The news of loss of life from China on the new day is in the focus of the market and creates uneasiness. In addition, the speeches of regional FED presidents drew attention. There is a week beginning with a low risk appetite. In the main picture, the optimism that “FED will reduce the rate of increase in interest rates” continues. FED minutes, which will be announced tomorrow evening at 22.00 Turkish time, are the most important economic topic that the market will focus on this week. In case of positive signals, movements can be seen in the markets.
In the evening, the statements of Fed vice presidents such as Bullard, Mester and George will be followed. In the crypto money market, sales were seen in the markets yesterday, with the news that the Genesis stock market would declare bankruptcy on the agenda. Bitcoin slumped to $15,500. The levels of $ 1080 were tested on Ethereum. Then, Genesis released a message stating that the news was not true and the market partially recovered.
