Bitcoin prices hit 2-week highs in Asian trading, a modest reversal for the cryptocurrency after plunging by about 50% in 5 weeks

Market news

19 December 2018

Bitcoin prices hit 2-week highs in Asian trading, a modest reversal for the cryptocurrency after plunging by about 50% in 5 weeks

Bitcoin is above $3,700, according to CoinDesk, versus $3,574 in late New York trading and $500 above the levels seen not-quite 48 hours ago. The recent volatility is more a return to normal for bitcoin, which found itself stuck a few hundred dollars either side of $6,500 for 2 months before the bottom of the range gave way on Nov. 15.

New Zealand’s seasonally adjusted current account deficit narrowed to $2.6 billion

German producer prices for industrial products rose by 3.3% in November

Market Focus

Material posted here is solely for information purposes and reliance on this may lead to losses. Past performances are not a reliable indicator of future results. Please read our full disclaimer

Open Demo Account & Personal Page

Personal area

support@teletradepartners.com

Risk Warning: Trading in the financial markets (including trading on margin) provides a wide range of opportunities and enables investors ready to take risks to make high profits, but it carries a potentially high level of risk of loss. Therefore, prior to trading you should take into careful consideration whether such operations are suitable for you in terms of your level of knowledge and financial situation.