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CRYPTO NEWS TODAY - Crypto Market is in Green - Bitcoin Price is Around $24000
00:01 Intro
01:12 Crypto News Today
02:08 Bitcoin Today
03:15 Ethereum News
04:27 Bitcoin Technical Analysis
05:12 Bitcoin Price Prediction
08:59 Outro
Bitcoin rose for a third consecutive session on Friday, as prices rose above $24,000 to end the work week. Today’s rise comes as sentiment in crypto remains bullish, following Wednesday’s interest rate hike by the Fed. Ethereum was also higher, as prices approached $1,800.
Bitcoin
Bitcoin (BTC) was trading higher for a third straight day, as prices climbed over $24,000 in today’s session.
The world’s largest cryptocurrency hit an intraday peak of $24,294.79 earlier in the day, which comes after BTC was at a low of $22,722.27 on Thursday.
Friday’s high sees BTC/USD hit at its highest point since June 12, when prices were trading over $26,000.
As a result of this move, bitcoin has now collided with a long-term resistance level at $24,200, with some earlier bulls opting to liquidate their positions.
For this reason, previous momentum has momentarily fallen, with the token now sitting at $24,040.61 as of writing this.
Although bulls will likely be targeting a move towards $25,000, they will need to overcome a ceiling of 62 on the 14-day RSI in order to reach this point.
Ethereum
Like bitcoin, ethereum (ETH) extended its recent winning streak, climbing higher for a third consecutive session in the process.
This latest high saw ETH/USD rise to $1,774.58, which comes less than 24-hours after the token was trading at $1,604.89.
This was the highest price for ethereum since June 10, when prices were trading at a high above $1,800.