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Silvergate, a US bank that specialises in crypto and digital assets is suffering huge losses from the fallout of crypto exchange FTX. This is driving selling pressure in Bitcoin and contagion through cryptocurrencies.
Trading indicators are signals providing insights into asset price performance. They can help to determine entry and exit positions, and whether to buy or sell.
After a quiet Monday due to the US public holiday, forex majors once more trade with a USD negative bias. Equities are mixed, whilst metals prices drop back.
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