August rains no help to Bitcoin
With my recent break on the beautiful Indonesian island of Nusa Lembongan at an end, it’s good to see that Sydney has received some much-needed August rain over its major dam’s catchment area as have some other areas of the drought-stricken state.
I also note that August has once again lived up to its reputation for delivering heightened volatility in markets. Key stock indices in the U.S. and here in Australia remain approximately 5% below recent highs, despite yesterday’s extraordinary reversal higher.
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