CRYPTO NEWS - Crypto Market is in RED - Bitcoin Price is $20.4k - No Signs of Growth
CRYPTO NEWS - Crypto Market is in RED - Bitcoin Price is $20.4k - No Signs of Growth
00:01 Intro
01:12 Crypto News Today
02:08 Bitcoin News Today
03:15 Ethereum News
04:27 Bitcoin Technical Analysis
08:12 Bitcoin Price Prediction
12:53 Outro
BTC fell below $20,000 on Tuesday, as volatility in financial markets continued to peak, due to current levels of inflation. The euro fell to its lowest level against the U.S. dollar in over twenty years, and this dollar strength seems to be impacting crypto prices. ETH also slipped, falling below $1,100.
Bitcoin
Bitcoin dropped below $20,000 during Tuesday’s trading session, as markets responded to recent bearish pressure.
The world’s largest crypto token fell to a low of $19,613.95 earlier today, which is roughly $1,000 lower than yesterday’s peak at $20,664.82.
This most recent drop sees BTC/USD trading lower for a fourth straight session, as traders look to be targeting a key price floor.
Ethereum
ETH also extended a recent losing streak, with prices today falling to their lowest point in over a week.
As of writing, ETH/USD fell to a low of $1,056.05 on Tuesday, which is its weakest level since July 4, during the U.S. Independence Day celebrations.
This latest decline has seen ethereum now lose over $100 in value over the past 24-hours, sending prices near a long-term support level in the process.
00:01 Intro
01:12 Crypto News Today
02:08 Bitcoin News Today
03:15 Ethereum News
04:27 Bitcoin Technical Analysis
08:12 Bitcoin Price Prediction
12:53 Outro
BTC fell below $20,000 on Tuesday, as volatility in financial markets continued to peak, due to current levels of inflation. The euro fell to its lowest level against the U.S. dollar in over twenty years, and this dollar strength seems to be impacting crypto prices. ETH also slipped, falling below $1,100.
Bitcoin
Bitcoin dropped below $20,000 during Tuesday’s trading session, as markets responded to recent bearish pressure.
The world’s largest crypto token fell to a low of $19,613.95 earlier today, which is roughly $1,000 lower than yesterday’s peak at $20,664.82.
This most recent drop sees BTC/USD trading lower for a fourth straight session, as traders look to be targeting a key price floor.
Ethereum
ETH also extended a recent losing streak, with prices today falling to their lowest point in over a week.
As of writing, ETH/USD fell to a low of $1,056.05 on Tuesday, which is its weakest level since July 4, during the U.S. Independence Day celebrations.
This latest decline has seen ethereum now lose over $100 in value over the past 24-hours, sending prices near a long-term support level in the process.
