Crypto News Today: BTC and ETH earn with the trade war war-Has the sale end?

Soon after, the non -farm power report was able to satisfy negative feelings as 228,000 new jobs were created in March in the United States, beyond the estimate of Dow Jones consensus of 140,000 of this period.

Any of these developments play in favor of encryption reviews. First, the strong economy – which is reflected in the numbers of strong jobs – does not give the federal reserve any incentive to reduce interest rates.

Moreover, China’s revenge against Trump may lead to an increase in the United States. It is expected that the Chairman of the Board of Directors Jerome Powell will deliver a speech later today, as it may announce the point of view of the Federal Reserve of these events and how they will continue.

The encryption qualifiers reflect the wrong pace of the market, as traders digested the effects of the news. Equal amount of $ 116 million in short and short positions has been eliminated during the past 24 hours.

BTC gains can evaporate with the transformation of negative momentum

Although trading in folders BTC It decreased by 25 % compared to the previous day, as it is still high compared to the simple moving average for 14 days.