Global investment bank JPMorgan says that profit-taking from Grayscale’s bitcoin trust (GBTC) has largely happened already. “This would imply that most of the downward pressure on bitcoin from that channel should be largely behind us,” the bank’s analyst explained. JPMorgan’s Bitcoin Price Outlook Global investment bank JPMorgan weighed in on the crypto market again this […]
Over the past day, bitcoin’s value has experienced further decline, now plummeting below the $ 39K mark as ongoing bearish trends exert downward pressure. Following its dip under the $ 40K barrier on Monday, the leading crypto asset further depreciated by 5.3% relative to the U.S. dollar within the last 24 hours. From …
In the ever-volatile world of crypto assets, ethereum has exhibited a notable decline, with an 8.1% decrease in price over the past 24 hours. Technical indicators and chart patterns suggest a bearish sentiment in the air, urging traders to navigate with caution. Ethereum Ethereum’s (ETH) price hovers between $ 2,056 to $ 2,255 …
As of Dec. 18, 2023, ethereum exhibits a complex interplay of bearish and bullish signals across various technical indicators. The second-leading crypto asset, currently priced at $ 2,125 to $ 2,165, faces a critical juncture in its market trajectory, as revealed by the 4-hour and daily charts, oscillators, and moving averages. Ethereum The …
As of Dec. 15, 2023, ethereum’s price exhibits intricate dynamics, standing at $ 2,259. Oscillators and moving averages paint a mixed picture, while the 4-hour and daily charts reveal patterns of consolidation and a short-term downtrend. Ethereum Ethereum’s (ETH) market capitalization stands at $ 271 billion, accompanied by a 24-hour trade volume of …