Price analysis 6/16: BTC, ETH, BNB, XRP, ADA, DOGE, SOL, MATIC, LTC, DOT
Bitcoin has reclaimed the $26,000 level, but will large cap altcoins follow BTC’s rebound? Go to Source Powered by WPeMatico
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Fed pauses interest rates, but Bitcoin options data still points to BTC price downside
Fed Chair Jerome Powell announced a pause in interest rates, but Bitcoin options data still warns that a BTC price drop to $25,000 is possible. Go to Source Powered by WPeMatico
Here’s what happened in crypto today
Crypto prices have yet to react to the Fed decision to temporarily halt rate hikes; meanwhile, the S&P 500 steamrolled to a new 13-month high. Go to Source Powered by WPeMatico
Price analysis 6/14: BTC, ETH, BNB, XRP, ADA, DOGE, SOL, MATIC, LTC, DOT
The entire crypto market awaits the result of todays Federal Reserve presser, and traders are hopeful that positive news will trigger a price breakout to the upside. Go to Source Powered by WPeMatico
Why Bitcoin’s resistance to retesting the $25K support could be futile
Bitcoin price continues to explore the lower regions of its trading range, but a drop to $25,000 seems nearly inevitable according to derivatives data. Go to Source Powered by WPeMatico
Crypto fund outflows reach $417M over 8 weeks as investor caution persists
According to CoinShares, digital asset investment product outflows amounted to $88 million last week. Go to Source Powered by WPeMatico
Price analysis 6/12: SPX, DXY, BTC, ETH, BNB, XRP, ADA, DOGE, SOL, MATIC
Market observers will closely watch the United States CPI data and the Fed’s policy decision to provide direction to the stock and crypto market. Go to Source Powered by WPeMatico
Bitcoin and select altcoins show resilience even as the crypto market sell-off continues
Regulatory enforcement against the crypto sector has spooked investors, but the total crypto market capitalization continues to hold above $1 trillion. Go to Source Powered by WPeMatico
A sideways Bitcoin price could lead to breakouts in ETH, XRP, LDO and RNDR
If BTC price consolidates in the $25,000 range, ETH, XRP, LDO and RNDR could be the first altcoins to break out with recovery rallies. Go to Source Powered by WPeMatico
Price analysis 6/9: BTC, ETH, BNB, XRP, ADA, DOGE, SOL, MATIC, LTC, DOT
Stock markets are showing strength, and selling by crypto traders has taken a pause. Is this a sign that Bitcoin and altcoins are about to reverse course? Go to Source Powered by WPeMatico