At the end of August, bitcoin confirmed an overbought downturn in its monthly stochastic, a signal that has previously marked market peaks.

Today's episode is sponsored by Kraken Pro.

Today’s Stories:

First Mover Americas: Bitcoin Treads Water Below $26K

Bitcoin Bulls Face Setback as Monthly Stochastic Indicator Turns Lower: Analyst

Bitcoin's Use as Margin Collateral in Crypto Futures Trading Is Growing

Traditional Finance Exchanges Divided on Crypto Services: Survey

Global Standard Setters to Deliver Global Crypto Policy Roadmap

Australia Senate Committee Rejects Crypto Bill From Opposition Senator Andrew Bragg

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Not investment advice. Some crypto products and markets are unregulated. The unpredictable nature of the cryptoasset markets can lead to loss of funds and profits may be subject to capital gains tax.

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This episode was hosted by Michele Musso. “Markets Daily” is executive produced by Jared Schwartz and produced and edited by Eleanor Pahl. All original music by Doc Blust and Colin Mealey.