Bitcoin price rises to $20.7K as Fed’s Powell says more rate hikes ‘appropriate’
Testimony from the Fed Chair provides no surprises while risk assets meander on the Wall Street open.
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Price analysis 6/22: BTC, ETH, BNB, ADA, XRP, SOL, DOGE, DOT, LEO, SHIB
BTC and select altcoins attempted a reversal, but are facing heavy selling at higher levels, which is proof that bears remain in control of the wider market.
Avalanche (AVAX) price drops 45% in a month and data points to further downside
AVAX is testing support at $14.80 and the network’s DApp use is underperforming its competitors, suggesting that the easiest path forward is down.
Price analysis 3/16: BTC, ETH, BNB, XRP, LUNA, SOL, ADA, AVAX, DOT, DOGE
Bitcoin and select altcoins have broken above their immediate resistance levels, indicating the start of a relief rally.
‘We’re already buying:’ Terra founder plans to obtain $10B BTC for reserves
Kwon also bullishly emphasized that its stablecoin TerraUSD backed by $10 billion-plus in BTC reserves will “open a new monetary era of the Bitcoin standard.”
Bitcoin maintains $40K support as Fed confirms first rate hike in 4 years
The Ukraine war is high on the Fed’s list of concerns, according to a statement released with the 0.25% rate hike.
Price analysis 11/22: BTC, ETH, BNB, SOL, ADA, XRP, DOT, AVAX, DOGE, SHIB
Bitcoin and most major altcoins have turned down from their respective overhead resistance levels, indicating that the short-term sentiment has turned negative.
Price analysis 11/15: BTC, ETH, BNB, SOL, ADA, XRP, DOT, DOGE, SHIB, LUNA
Bitcoin and large-cap altcoins are meeting strong overhead resistance, which could be a signal that bears are attempting to stall the next upward move.
Bitcoin price dips under $60K as Dollar Strength Index reaches 16-month highs
The greenback regained strength in hopes that stronger inflation data in the U.S. would revive a tighter monetary policy and after better-than-expected retail sales growth.