Crypto & Stock Market Update: CPI Numbers Releasing This Week, Chinese Stocks Suffer, Bitcoin and Ethereum Prices Hold Support

Cryptocurrency markets are off to a relatively slow start this week, with Bitcoin down 3.44% and Ethereum price down 3% in the past 24 hours. BTC remains above the $20k support level, while ETH holds the $1.1k support level. The global cryptocurrency market is down 2.82% but remains above $915 trillion, signaling that the market continues to trade sideways. Market on Hold Until July 13th? Both the cryptocurrency and stock markets are awaiting the release of the upcoming CPI (Consumer Price Index) numbers on July 13th before making their next move. In two days, we will have a clearer picture

The post Crypto & Stock Market Update: CPI Numbers Releasing This Week, Chinese Stocks Suffer, Bitcoin and Ethereum Prices Hold Support appeared first on The Merkle News.

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Bitcoin, Ethereum Technical Analysis: BTC Falls Below $22,000 to Start the Week

Bitcoin started the week in the red, as Monday saw prices fall for a second consecutive session. Following a recent run towards $22,000, the world’s largest crypto dropped below $21,000 earlier today, with ETH slipping below $1,200. Bitcoin Bitcoin dropped below $21,000 on Monday, as prices continued to slip, following a recent encounter with a […]

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UN Report: Venezuela Ranks Third Among Countries With Most Crypto Adoption

venezuelaVenezuela, one of the first countries in Latam to be considered “crypto-friendly” by some standards, has ranked third in adoption rates, according to a report issued by the United Nations. The report, issued last month, states that the cryptocurrency ecosystem has grown by 2,300% between September 2019 and June 2021, and that the Covid-19 pandemic […]

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