Bitcoin’s (BTC) value dipped under the $ 25K mark on Monday, a level unseen in 88 days, pushing the global cryptocurrency market cap perilously close to falling below the $ 1 trillion benchmark. Presently, BTC is hovering just above the $ 25K mark at 2:00 p.m. Eastern Time on Monday afternoon. …
Bitcoin, Ethereum Technical Analysis: ETH Below $1,600 Ahead of Key US Economic Releases
Ethereum has started the week below $ 1,600, as markets appeared to be awaiting the release of several key data points from the United States. After a quiet week, the coming days will see the latest inflation, retail sales, and consumer sentiment figures released. Bitcoin remained lower on Monday. Bitcoin Bitcoin started yet another …
Bitcoin, Ethereum Technical Analysis: BTC Slips Below Key Support Point as US Markets Reopen Following Labor Day
Bitcoin moved lower on Tuesday, as U.S. traders returned from the Labor Day celebration, bringing back bearish sentiment with them. The global crypto market cap was down by 0.47% at the time of writing. Ethereum remained in the red, with price trading below a recent support point. Bitcoin Bitcoin fell further below the $ …
Bitcoin, Ethereum Technical Analysis: BTC Consolidates, ETH Avoids Falling Below $1,600 on Labor Day
Sentiment in bitcoin remained bearish to start the week, as the cryptocurrency remained below $ 26,000 on Monday. Market volume was relatively low in today’s session, as a result of the U.S. Labor Day celebration. Ethereum was slightly higher, as the price managed to remain above $ 1,600. Bitcoin Bitcoin was trading …
Dollar Share in Reserves Drops Below 60%, Yuan Rises, Russian Diplomat Says
The share of currencies other than the U.S. dollar and the euro in international reserves is on the rise, according to a Russian representative. The trend is being observed as a growing number of countries try to use their national currencies in foreign trade settlements, the official noted. Russia Sees Alternative Currencies Like Chinese …