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Bitcoin has cemented its third straight monthly loss after September 24 and 26 produced a large sell-off and dragged prices lower, opening up the possibility for another price drop.Supposed bullish catalysts such as Bakkt’s physically-backed bitcoin futures product fell short of expectations, possibly raising a red flag for institutional investors.Both the weekly RSI and awesome oscillator demonstrate waning interest froBitcoin’s (BTC) recent sell-offs on September 24 and 26 produced yet another bearish monthly closing candle, marking the third straight month in the red for the world’s premier crypto.The top crypto is currently changing hands at $8,234 on Bitstamp, representing a 1.17-percent decline over the last 24 hours. Further price drops are likely, should the bulls fail to reverse the damage done at the end of September.m bullish buyers leading to expectations of further price declines.
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Bitcoin’s (BTC) recent sell-offs on September 24 and 26 produced yet another bearish monthly closing candle, marking the third straight month in the red for the world’s premier crypto.The top crypto is currently changing hands at $8,234 on Bitstamp, representing a 1.17-percent decline over the last 24 hours. Further price drops are likely, should the bulls fail to reverse the damage done at the end of September.
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10-08-2019, 03:42 PM
(This post was last modified: 10-08-2019, 03:42 PM by ompressedoblong.)
Bitcoin has cemented its third straight monthly loss after September 24 and 26 produced a large sell-off and dragged prices lower, opening up the possibility for another price drop.Supposed bullish catalysts such as Bakkt’s physically-backed bitcoin futures product fell short of expectations, possibly raising a red flag for institutional investors.Both the weekly RSI and awesome oscillator demonstrate waning interest from bullish buyers leading to expectations of further price declines.
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Broadridge did not disclose the terms of the deal or reveal what parts of post-trade processing for crypto the firm would implement. According to Justin Llewellyn-Jones, head of capital markets for North America at Broadridge, over the next month, the firm will perform due diligence on Shadow Financial to determine what its software can do for crypto post-trade services.Broadridge did not disclose the terms of the deal or reveal what parts of post-trade processing for crypto the firm would implement. According to Justin Llewellyn-Jones, head of capital markets for North America at Broadridge, over the next month, the firm will perform due diligence on Shadow Financial to determine what its software can do for crypto post-trade services.
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