Bitcoin ETFs Surge
US basedsed Bitcoin exchange traded funds had their largest day of net inflow since late January as crypto markets remained buoyant over the Easter weekend. The 11 Bitcoin tracking funds saw a joint net inflow of $381.3 million on April 21, the largest since January 30.
Tesla Shorts Cash In
Tesla’s short sellers are up an estimated $11.5 billion for the year to date, and positioning is bearish going into the electric vehicle maker’s quarterly results, according to the latest report, Tesla shares have tumbled 40% so far this year.
Gold Reaches New Heights
Gold extended its record run, reaching $3500 per ounce as weakness in the dollar us President Donald Trump’s attacks on the Federal Reserve and trade warfares boosted demand for the safe haven asset.
Currency Market Highlights
The sterling dollar pair edged lower in the last session. The MACD is giving a positive signal. The Bitcoin dollar pair skyrocketed in the last session. The stochastic indicator is giving a positive signal.
The Aussie dollar pair saw moderate losses in the last The stochastic indicator is giving a positive signal. The dollar yen pair saw moderate gains in the last session. The stochastic RSI is in overbought territory. In the days ahead, the economic calendar will include essential updates and key data releases. These high impact events are expected to influence market behaviour and could lead to significant price movements. Understanding the importance of these releases is key for strategic planning.
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