The risk mood is beginning to sour and an early tell was selling in bitcoin. The sales have accelerated in the past 15 minutes and bitcoin broke the recent range low of $25,269. The next level to watch is the June low of $24,750.
In March, bitcoin briefly fell below $20,000.
Moreover, the fall in bitcoin preceded a broader slump in risk assets and volatility in the FX market.
This article was written by Adam Button at www.forexlive.com. Source