Kinesiske beslutninger har sjældent haft så stor virkning på det globale finansmarked som i går, hvor prisen på kryptovalutaer styrtdykkede. Saxo Bank hæfter sig ved, at det var den kinesiske centralbank, der udløste de dramatiske fald på værdien af Bitcoin og Ethereum, fordi den kinesiske centralbank understregede, at den ikke betragter kryptovalutaer som en lovformelig valuta.
Market Quick Take
Bitcoin (BITCOIN_XBTE:xome) and Ethereum (ETHEREUM_XBTE:xome). A new widespread deleveraging has sloshed through the cryptocurrency market after the Chinese central bank, the PBOC, reiterated that crypto tokens are not a legal form of payment.
Bitcoin sold off through the important 42k area and has tested below its 200-day moving average at 39.8k overnight and traded below 39k at one point before trying to bounce.
This sell-off has been deeper and widespread than prior episodes, with Ethereum dumping below 3,000 overnight, with a total top to bottom correction of over 33%.
