Bitcoin nears $60,000 as risk trades cool

Bitcoin continues to be a solid pre-cursor to the broader risk trade. And if you’re long stocks, that’s not a good thing at the moment.

BTC has turned lower after an initial pop following CPI and is now just above $60,000.

US equities are flat after giving up some modest early gains.

This article was written by Adam Button at www.forexlive.com. Source