Global Markets Face Downward Pressure, Bitcoin Shows Resistance Near $35K

By Benzinga12 days ago

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Major indices worldwide remained subdued on Wednesday with a downward bias. Investors remained cautious with the Trump impeachment vote in focus.

The Dow futures are up by 0.08%, and the S&P 500 futures are trading higher by 0.10% on the last check Wednesday. WTI crude futures are up by 0.45% to $53.45, and gold futures are up 0.70% at $1,857.10. Ten-year Treasury yield is down by 2.4 bps at 1.114%.

Bitcoin is showing resistance near $35,000 levels, down 2.78% at $34,806, and Ethereum was down 4.07% at $1,070.90 on the last check. Bitcoin Whale accounts increased to all-time highs during the crypto plunge. ...

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