Bitcoin drops back below 36K

Bitcoin is dropping back now this morning. Much earlier today the lead cryptocurrency made a move higher, towards 38k, but it could not quite manage to hurdle that level, stalling around 37,900. The price has now fallen back to below 36k in recent trading. It is being dragged back by a corresponding fall in Ether. That is now heading back closer to 2500 once again. This level may yet provide some support as it was a breakout point on the way higher since yesterday. The move backwards in Bitcoin today comes as the focus seems to be elsewhere right now and that is mainly on oil and stocks and so it is possible that the hot leveraged money is on the side lines for the likes of Bitcoin at this present moment in time. Bitcoin is currently trading at 36,120, but has traded to around 35,900 a few moments ago