@IGcom

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 London, England
ig.com/uk
Joined February 2010
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14.8KMedia

Sea of red washes over cryptocurrencies.

This morning stocks and precious metals have rallied in rejoicing at news that Trump has once again decided to hold off on striking Iran. But cryptocurrencies have been left out of the general excitem…

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Cryptocurrencies rejoice at Iran deal news.

The washout low on 5 June finally saw buyers emerge for cryptocurrencies, and last week saw a marked change in sentiment from the relentless selling of the previous month. In this, cryptocurrencies ap…

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Cryptocurrencies edge higher after dire week

Cryptocurrencies should perhaps consider themselves fortunate that abysmal past week of trading has been at least partly drowned out by Friday’s rout in stocks and the resumption of hostilities in t…

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Cryptocurrencies on the back foot once again

“The wheels have come off bitcoin’s rally once again. The rebound in cryptocurrencies gathered strength along with a similar recovery for stock markets during April, but May saw a divergence as cr…

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Iran woes hobble cryptocurrencies

It feels like Groundhog Day for global markets as US president Trump ramps up the speculation his next moves in the Middle East. Oil prices enjoyed a solid run higher last week and are poised for more…

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Bitcoin recovery continues

Bitcoin has now enjoyed its most sustained period above $80,000 since February, and the price action continues to look relatively healthy. Some of the enthusiasm that is in such ample supply in tech s…

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While markets were watching oil, Bitcoin was quietly recovering

Bitcoin recovery intact “Whisper it quietly, but bitcoin is having one of its best months in eighteen months. This has rather flown under the radar thanks to the Iran war and the madness in oil and …

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Markets reverse after Trump’s speech

Oil prices bounced and equity markets sold off after the US president struck a different tone than that expected by investors. ‘Back to the Stone Age’

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Bitcoin & other cryptocurrencies looking stronger

Equity markets continue to struggle as oil prices move higher, but it looks like a safe haven appeal is appearing for cryptocurrencies. There’s little direct read across to the asset class from a su…

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Bitcoin, Ether and Solana

Bitcoin is flirting with key resistance. Following Wednesday’s stock market recovery and renewed risk-on sentiment due to hopes of the war in the Middle East de-escalating, cryptocurrencies found b…

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Bitcoin remains below resistance area

Following its sharp mid-January-to-early February sharp sell-off, Bitcoin has managed to level out above its early February $60,132.75 over one year low since then. Nonetheless the steep decline has …

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