Daily News | Bitcoin gets excited too | 02.08

Oil gets slashed with U.S. interest rates.
Oil falls together with U.S. crude stocks, which fall again.
Oil prices fell after four days of gains following a larger-than-expected drop in U.S. inventories.

Bitcoin gets excited too.
Bitcoin jumped 5% amid the historical rate cut by the Fed.
Analysts claim that Bitcoin is in fact responding to trade tensions between the U.S. and China.

The rate cut everyone was expecting.
For first time since 2008 the Federal Reserve cut interest rates.
Wall Street turned negative after Fed Chairman Powell issued some concerning comments after the Fed cut interest rates.

BTC/USD
Bitcoin has gained 4.4% in the last session.
Bitcoin has gained 5.9% in three sessions, up 4.4% in the last session. The Stochastic-RSI remains overbought.

AUD/USD
AUD/USD has shown steady depreciation in recent sessions, falling 1.1%.
The Aussie-Dollar pair has shown steady depreciation in recent sessions, falling 1.1%. The ADX settles in the neutral area.

EUR/USD
EUR/USD has lost 0.8% in the last session.
The Euro-Dollar pair has lost 0.8% in the last session. The RSI is currently negative.

Crude Oil
Crude Oil has lost 0.3% in the last session.
The price of Crude Oil has lost 0.3% in the last session. The ATR enters the low volatility area.