Ed Moya, Senior Market Analyst at OANDA joins us for a discussion on the cryptocurrency space with a focus on the FTX crash and bankruptcy. We discuss the possible contagion into other markets and further into the Bitcoin price as well as if price still has along way to fall. There’s still a lot unknown about how this will all play out but it’s not looking good for cryptos.
We also look at the pop in US market and precious metals. What are the next catalysts and will these higher prices reverse to continue the bear market.
Click here to visit the OANDA website and follow along with Ed’s daily note.