Bitcoin's down, but these 3 assets are climbing.

Markets extend risk-off declines

• S&P 500 futures are down a further 0.5%, sinking below the psychological 6,700 line to hit a 1-month low.

• Gold is testing the psychological $4,000 line for immediate support, reaching a 1-week low

• Bitcoin dipped below $90k to reach a 7-month low, getting to within 0.3% of the $89k target highlighted in yesterday's (Mon, Nov 17) Bybit Learn "Daily Market Update" livestream with Chief Market analyst, Han Tan.

Trade SP500, Gold, and more on Bybit MT5 using this link.



However, the CoinDesk 20 Index is catching a slight bid, up 0.5% at the time of writing, as altcoins show a slight bounce:

• Solana up 4.9%

• Litecoin up 4%

• Polkadot up 2.6%

Still, such gains are almost negligible within the context of a solid downtrend for this CoinDesk 20 index.



Delayed US jobs report to be released Thursday, Nov 20.

Yesterday, we highlighted that markets will be on the "lookout as to when the US government may resume its economic data releases".

Right on cue ..

The Bureau of Labor Statistics (BLS) announced that the delayed September jobs report is set to be released this coming Thursday at 8:30AM Washington time.

Hence, this Thursday's Bybit Learn's "Daily Market Update" livestream - on YouTube and X - will be moved an hour earlier, starting instead at 1:00 PM GMT on Nov 20.

Don't miss out - get all the info you need leading up to this highly anticipated data release and live reaction across Bitcoin, Gold, US stock indices, and more.



Daily Top Performer - XO soars on gaming project fervor, exchange expansion

At the time of writing, XO is up over 20% on the day (Tuesday, Nov 18).

Yesterday, (Monday, Nov 17), XO more than doubled, rising as much as 129% before being resisted around its 100-day SMA to pare its surge.



The ascent may have been fuelled by XOCIETY's:

• free-to-play POP shooter, touted as Sui's flagship gaming project, with backing also by HASHED, Spartan, and KRAFTON

• potentially expansion into other exchanges may have also contributed to XO going against the downward grain for many cryptos.

What else is soaring?



• Johnson & Johnson hit a new record high, even briefly breaching the $200 level for the first time in its history.

This comes after news that the pharma giant agreed to buy Halda Therapeutics, a cancer treatment biotech, for US$3.05 billion in cash.





• USDJPY+ broke above 155 for the first time since early February.

NOTE: Rising USDJPY = stronger US Dollar vs. weaker Japanese Yen.



JPY is weakening at the thought that Japan's new Prime Minister Sanae Takaichi's plans to support the economy may delay the Bank of Japan's intended rate hikes.

This comes as markets reduce their bets for a Fed rate cut in December down to 44%, from a near-certainty just a month ago.

USDJPY was highlighted as a key asset to watch this week, during last Friday's (Nov 14) "Week Ahead Preview" livestream with Bybit Learn's Chief Market Analyst, Han Tan.