Cryptocurrencies Likely to Stay Volatile — Market Talk
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Cryptocurrencies should remain volatile until a clear trend emerges in either direction for prices, Trade Nation's David Morrison says in a note. Bitcoin and ether have proved resilient given recent sharp falls across equities and precious metals amid the Middle East conflict, he says. This supports the view that last week's crypto pullback was a healthy correction after recent gains, he says. However, the argument that current optimism is misplaced and that recent gains will soon evaporate is also "perfectly valid." Either way, further price swings look likely, he says. Bitcoin rises 4.5% to $71,253, LSEG data show. Ether increases 5.9% to $2,180. The gains come after President Trump said the U.S. would postpone attacks against Iranian energy infrastructure. (renae.dyer@wsj.com)
source: https://www.tradingview.com/news/DJN_DN20260323004583:0/
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