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Bitcoin, Ethereum Technical Analysis: BTC Drops Below $28,000, as Markets Consolidate on Thursday
6.4.2023
Bitcoin was once again trading below $28,000, as markets consolidated ahead of Friday’s non-farm payrolls report. Payrolls are expected to come in at 240,000 for last month, with the unemployment rate in the U.S. remaining at 3.6%. Ethereum was also lower today, following an eight-month high...
Bitcoin, Ethereum Technical Analysis: BTC Moves Above $28,500 as ETH Nears $2,000
5.4.2023
Bitcoin broke out of a resistance level of $28,500 on April 5, as crypto markets continued to react to economic data from the United States. Job openings in the U.S. fell below 10 million for the first time since 2021, which comes as employers began to reduce hiring efforts. Ethereum moved closer...
First Mover Asia: Bitcoin Extends Its Stay Below $28K, Dogecoin Stays Hot
4.4.2023
Dogecoin surged after Twitter replaced its familiar blue bird atop its homepage with the cryptocurrency's iconic Shiba Inu dog logo. ALSO: Is Indonesia’s CBDC a potential alternative to Visa and Mastercard?
Ethereum Price Prediction as ETH Falls Below $1,800 – Time to Buy the Dip?
31.3.2023
The token powering the largest smart contracts platform, Ethereum is consolidating on Friday while holding support at $1,800 ahead of the release of key economic data. Ethereum price slowed down its aggressive push witnessed in March in tandem with the largest crypto asset, Bitcoin on reaching...
Bitcoin, Ethereum Technical Analysis: BTC Drops Below $28,000, ETH Under $1,800
31.3.2023
Bitcoin was once again trading below the $28,000 level on Friday, as markets consolidated ahead of a key day of economic data. The University of Michigan releases its monthly consumer sentiment report, which is expected to come in lower than February’s sum. Ethereum also declined...
Bitcoin Drops Below $28K as Options Expire, Traders Borrow WBTC From Aave
31.3.2023
WBTC is the largest tokenized version of bitcoin and can be swapped on a 1:1 basis for BTC
Bitcoin, Ethereum Technical Analysis: BTC Moves Below $27,000, Following CFTC Suit Against Binance
28.3.2023
Bitcoin moved below $27,000 during Tuesday’s session, as the U.S. Commodity Futures Trading Commission (CFTC) filed a lawsuit against Binance. The suit claims that Binance knowingly offered unregistered crypto products to U.S. customers. Ethereum was also lower on the news, briefly falling...
Bitcoin Sinks Below $27K After CFTC Files Suit Against Binance
27.3.2023
BTC dropped to the lowest level since March 17 after the agency sued the crypto exchange for alleged regulatory violations. Binance Coin (BNB)’s price declined by 5%
Bitcoin, Ethereum Technical Analysis: BTC Fall Towards $27,000 to Start the Weekend
25.3.2023
Bitcoin moved close to a breakout below $27,000 on Saturday, as markets moved lower following a volatile week of trading. Market uncertainty was high this week, as traders digested the latest Federal Reserve interest rate hike, as well as the on-going global banking crisis. Ethereum remains below...
Billionaire ‘Bond King’ Jeffrey Gundlach Predicts the Fed Will Cut Rates Substantially Soon
25.3.2023
Billionaire Jeffrey Gundlach, aka the “Bond King,” has predicted that the Federal Reserve will be cutting interest rates substantially soon. “Red alert recession signals,” he added, noting that all U.S. Treasury yields two years and out are “well below the fed funds...
Bitcoin Edges Below $28K as Investors Weigh Deutsche Bank Contagion Fears
24.3.2023
But the largest cryptocurrency by market capitalization is still up about 16% in March. Ether dropped below $1,800
Bitcoin bulls remain bullish, but macro and crypto-specific hurdles have BTC pinned below $30K
24.3.2023
All the pieces are in place for BTC to rally to $30,000, but escalating economic uncertainty and regulatory pressure add strength to the key resistance level
Bitcoin, Ethereum Technical Analysis: BTC Below $28,000, ETH Falls Under $1,800 Following Fed Rate Hike
23.3.2023
Bitcoin moved below $28,000 on Thursday, as markets reacted to the latest Federal Reserve interest rate hike. The Fed opted to increase rates by 25 basis points (bps) as many had anticipated, and signal one more hike this year. Ethereum was also lower on the news, falling below $1,800. Bitcoin...
Bitcoin Sinks Below $27K as Federal Reserve, Powell Keep Focus on Inflation
22.3.2023
The U.S. central bank confirmed expectations of raising the rate by 25 basis points
Value Locked in Defi Rises Above $50 Billion Mark, Ethereum Dominates TVL by Blockchain
22.3.2023
The total value locked (TVL) in decentralized finance (defi) has risen above the $50 billion mark after falling below the range throughout most of March. At present, the value locked in defi is approximately $50.34 billion, up 1.97% over the past 24 hours. Defi Value Swells Close to 2% Higher...
Bitcoin Seesaws Below $28K as Investors Eye Fed Interest Rate Decision
21.3.2023
The U.S. central bank is widely expected to boost the interest rate 25 basis points
First Mover Asia: Bitcoin Dips Below $25K as Market Debates Liquidity
16.3.2023
ALSO: CoinDesk's Shaurya Malwa writes that higher-than-usual market volatility affected bulls and bears alike as crypto futures racked up $300 million in liquidations over a 24-hour period earlier this week
Bitcoin Slides Below $24.5K as European Banking Woes Spook Investors
15.3.2023
BTC dropped as low as $23,946 Wednesday midday before pulling back above the $24,000 mark. Equity markets also struggled on the Swiss banking giant news
Bitcoin Becomes 12th Largest Asset Worldwide by Valuation, Surpassing Visa
15.3.2023
After dropping below $26,000 per unit, the price of bitcoin, the leading digital asset by market capitalization, is still up 9.6% since last week. However, its price has decreased by 6.5% in the last 24 hours. Out of the 7,316 companies, crypto assets, precious metals, and exchange-traded funds...
Bitcoin (BTC) retraced below $25K: Right time to invest?
15.3.2023
Bitcoin surged to a nine-month high as investors got the expected CPI data that bolstered Federal Reserve will slow the interest rate hike. Yesterday, after the announcement of the Consumer Price Index (CPI), Bitcoin jumped to $26K. The CPI rose 0.4% in February, which was the expectation of...