During this vodcast, Alistair talks with Mike Moran from Transferwise Australia about his trading career that spans over forty years and several countries, his insights into how the trading environment has changed and some timeless strategies to apply to your trading.
Author
Alistair Schultz
Independent Analyst
Ripple extends lock-step trading for the third straight day on Friday, as support at $1.40 comes under pressure. The remittance token has remained largely in defense mode since last week’s 72% rally from $1.00 to highs around $1.70.
Bitcoin is back below $80,000 at the time of writing on Friday, after a second attempt at breaking resistance between $81,000 and $82,000. Meanwhile, Ethereum and Ripple mirror Bitcoin’s cooling trend, with ETH sliding to $2,500 and XRP falling toward $1.40 support.
Bitcoin rises over 2% this week, holding near $80,000 after testing the 50-week SMA at $81,114. US-listed spot Bitcoin ETFs are on track for a second straight week of billion-dollar inflows, with $1.13 billion recorded through Thursday.
Hyperliquid (HYPE) is down 2% on Friday after reaching a record high of 86.75 the previous day. Nasdaq-listed Hyperliquid Strategies Inc (PURR) raised almost $650 million in an equity deal to increase its HYPE holding to 29.3 million tokens.
![How the trading environment has changed? Interview with Michael Moran [Video]](https://editorial.fxstreet.com/images/Macroeconomics/Countries/Oceania/Australia/australian-flag-on-a-building-22798064.jpg)
