INSIGHTS: Bitcoin/Gold ‘Glitch’ and World Interest Rates Ahead of RBA Today
Insights
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Posted 05/12/2023
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Another Glitch has happened, this time in the safe haven assets of gold and bitcoin. Once again, in the quiet hours of the US Sunday night/ Asian morning markets, both gold and Bitcoin skyrocketed. Possible reasons for the ‘glitch’ have been the activation of stop buys and stop losses that due to the lite trading conditions moved the market more than they normally would.
Join Chris and Alex as they discuss this in detail in today's Insights!
Read the full news post here.