Tech is still the king [Video]
|Bitcoin dived 18% on bumpy El Salvador adoption, but critical technical levels remains intact for the continuation of the positive trend building since July.
Ethereum and Cardano declined, but Solana resisted better to the selloff.
Elsewhere, Coinbase lost 4% as SEC warned the company that they should not launch a product offering interest on cryptocurrency holdings.
Elsewhere, the tech stocks did better as the stock prices continued being led by the prospects of low post-pandemic rates rather than a strong reflation environment.
Information on these pages contains forward-looking statements that involve risks and uncertainties. Markets and instruments profiled on this page are for informational purposes only and should not in any way come across as a recommendation to buy or sell in these assets. You should do your own thorough research before making any investment decisions. FXStreet does not in any way guarantee that this information is free from mistakes, errors, or material misstatements. It also does not guarantee that this information is of a timely nature. Investing in Open Markets involves a great deal of risk, including the loss of all or a portion of your investment, as well as emotional distress. All risks, losses and costs associated with investing, including total loss of principal, are your responsibility. The views and opinions expressed in this article are those of the authors and do not necessarily reflect the official policy or position of FXStreet nor its advertisers.