The battle over $100,000 continues for bitcoin.
Sellers took over yesterday on (irrational?) fears of a quantum computing breakthough that could crack bitcoin’s encryption in the future. However those fears have ebbed today in broad rally in risk assets following a subdued US inflation report. There is a broad rally in risk assets, including a 1.4% climb in the Nasdaq led by megacap tech.
This article was written by Adam Button at www.forexlive.com. Source