Bitcoin continued to sit firmly below the $ 26,000 level on Wednesday, after breaking out of a key price floor. The world’s largest cryptocurrency by market cap has mostly consolidated in recent days, as traders await Federal Reserve Chair Jerome Powell’s speech at Jackson Hole this Friday. Bitcoin Bitcoin moved below a key …
Bitcoin, Ethereum Technical Analysis: BTC, ETH Near 2-Month Lows as Bears Regain Momentum
Bitcoin extended recent declines on Thursday, as the cryptocurrency moved towards a two-month low. Bearish sentiment increased following the latest Federal Open Market Committee (FOMC) minutes, where the Federal Reserve hinted at further rate hikes. Ethereum fell below $ 1,800 today. Bitcoin Bitcoin (BTC) neared a two-month low during today’s session, as traders continued …
Biggest Movers: DOGE, XRP Fall to Multi-Week Lows, as Bearish Sentiment Intensifies
Dogecoin dropped to a one-month low on Wednesday, as a red wave swept through cryptocurrency markets. Bearish sentiment remained high as the session progressed, with the global market cap falling by nearly 2% today. XRP also plunged in today’s session. Dogecoin (DOGE) Dogecoin (DOGE) fell for a fourth straight session, as bears continue to regain […]
Bitcoin, Ethereum Technical Analysis: BTC, ETH Hit 1-Week Lows Ahead of FOMC Minutes
Bitcoin neared a breakout below $ 29,000 on Wednesday, ahead of the release of anticipated Federal Open Market Committee (FOMC) minutes. The minutes will show the United States Fed’s reasoning behind its last rate hike, whilst also giving guidance on its future decisions. Ethereum dropped to a one-week low. Bitcoin Bitcoin (BTC) extended recent …
Latam Insights — Argentine Peso Touches Historic Lows, Tether Dominated the Brazilian Market
Welcome to Latam Insights, a compendium of Latin America’s most relevant crypto and economic news during the last week. In this issue: The Argentine peso reaches historic lows, Tether’s USDT accounts for more than 80% of the transactions in the Brazilian market, and Binance gets fully licensed in El Salvador. Argentine Peso Sinks Before Elections […]