CRYPTO NEWS - Bitcoin News, Ethereum News, Cardano News, Solana News
CRYPTO NEWS - Bitcoin News, Ethereum News, Cardano News, Solana News
00:25 Intro
02:48 Crypto News
04:17 Bitcoin News
06:48 Ethereum news
07:15 Cardano News
08:42 Solana news
Quotes are sandwiched between $55,900 (Value Area Low - the lower boundary of the Value Area) and $58,900 (Value Area High - the upper boundary). In such market structures, it is usually expected to continue to rotate within the allocated range. A move to $63,500 is likely if the price corridor is exited.
If the $58,900 limit densities are "eaten away" and higher price acceptance patterns emerge, a global continuation of the upward dynamic with the potential for a possible renewal of the high as early as this year can be counted on.
The upside scenario only comes into play if the marked mark is overcome.
The cryptocurrency market is developing its growth, which is now also supported by bitcoin. Over the past 24 hours, the capitalization of all cryptocurrencies rose 1.4% to $2.64 trillion, while the first cryptocurrency rose 1%. At the same time, it is important to note the continued pressure on BTC/USD, which is not allowed to get off the ground anxieties of the financial market.
The day before, Fed Chairman Jerome Powell acknowledged the inflation problem in the US and suggested to abandon the term "temporary" for inflation, which he himself coined at the beginning of the year. For the markets, this means that the world's major central bank is on the warpath with inflation and will be less lenient, promising a higher degree of volatility for traditional markets.
Among cryptocurrencies, this promises to have the greatest impact on bitcoin as the most populated by representatives of financial institutions. Likely due to volatility and bitcoin's inability to move to steady growth, the cryptocurrency Fear and Greed Index was once again pushed down 6 points to 34.
However, note that ETH/USD is up nearly 12% over the past seven days, continuing to climb the ladder again step by step. Its current level of $4740 is an arm's length away from the historic highs set in November. Improvements in the network itself and its applicability to working projects have kept the demand for ether steady, as has the balance between coin supply and demand. The crypto world is betting on ether as the future of cryptocurrencies as a business, with bitcoin being and still being a good savings vehicle, but now becoming vulnerable to the turmoil of the traditional financial market
#bitcoin #ethereum #cardano #solana #crypto
00:25 Intro
02:48 Crypto News
04:17 Bitcoin News
06:48 Ethereum news
07:15 Cardano News
08:42 Solana news
Quotes are sandwiched between $55,900 (Value Area Low - the lower boundary of the Value Area) and $58,900 (Value Area High - the upper boundary). In such market structures, it is usually expected to continue to rotate within the allocated range. A move to $63,500 is likely if the price corridor is exited.
If the $58,900 limit densities are "eaten away" and higher price acceptance patterns emerge, a global continuation of the upward dynamic with the potential for a possible renewal of the high as early as this year can be counted on.
The upside scenario only comes into play if the marked mark is overcome.
The cryptocurrency market is developing its growth, which is now also supported by bitcoin. Over the past 24 hours, the capitalization of all cryptocurrencies rose 1.4% to $2.64 trillion, while the first cryptocurrency rose 1%. At the same time, it is important to note the continued pressure on BTC/USD, which is not allowed to get off the ground anxieties of the financial market.
The day before, Fed Chairman Jerome Powell acknowledged the inflation problem in the US and suggested to abandon the term "temporary" for inflation, which he himself coined at the beginning of the year. For the markets, this means that the world's major central bank is on the warpath with inflation and will be less lenient, promising a higher degree of volatility for traditional markets.
Among cryptocurrencies, this promises to have the greatest impact on bitcoin as the most populated by representatives of financial institutions. Likely due to volatility and bitcoin's inability to move to steady growth, the cryptocurrency Fear and Greed Index was once again pushed down 6 points to 34.
However, note that ETH/USD is up nearly 12% over the past seven days, continuing to climb the ladder again step by step. Its current level of $4740 is an arm's length away from the historic highs set in November. Improvements in the network itself and its applicability to working projects have kept the demand for ether steady, as has the balance between coin supply and demand. The crypto world is betting on ether as the future of cryptocurrencies as a business, with bitcoin being and still being a good savings vehicle, but now becoming vulnerable to the turmoil of the traditional financial market
#bitcoin #ethereum #cardano #solana #crypto
