Asia Bidding, Key BTC Level at $28.1k
Sep 19, 2023
Market Update Major equity indices are trending lower today, while interest rates are on the rise, with the US 10-Year seemingly poised to hit a new YTD high. The DXY started the day strong but has since plateaued, currently sitting flat. In the commodities market, gold, which $BTC has directionally tracked quite well this year, is also up. In the crypto market, Bitcoin experienced a morning rally, surging back up to nearly $27.5k and lifting the broader market along with it. We discuss some interesting details surrounding this price action below. Meanwhile, $ETH is currently hovering around