Dow Futures Claw Back Early Losses While Bitcoin Price Breaks Lower

Dow futures traded lower ahead of Wednesday’s opening bell, signaling that traders may put the brakes on the US stock market’s multi-day winning streak. The bitcoin price, meanwhile, careened below the $ 3,400 mark and risks plowing through the critical support level that has stabilized the cryptocurrency market in recent weeks. Dow Steels itself for Opening Bell Losses As of 8:42 am ET, futures tracking all three major US stock market indices had recovered from moderate losses to trade in the green, with the Dow up 13 points, the S&P 500 up 1.25 points, and Nasdaq futures rising by 14.5 points.

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At Last, Traders Expect High Volatility as Bitcoin Breaks $3,600: Good Start to February?

By CCN.com: In the last 48 hours, despite the withdrawal of the Chicago Board Options Exchange (CBOE) and VanEck Bitcoin exchange-traded fund (ETF), the Bitcoin price has increased from $ 3,511 to $ 3,657 by nearly two percent. Although the lack of a major price movement following a highly anticipated event like the VanEck ETF withdrawal demonstrated … Continued

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