BTC falls below key resistance level, following weak U.S. economic data.
) also erased Wednesday’s gains, with the world’s second largest cryptocurrency failing to break a ceiling of its own./USD dropped to a bottom of $1,635.85 earlier in Thursday’s session.
The move occurred as ethereum buyers were not able to push price above resistance at $1,675 during yesterday’s rally.As a result, bears reentered the market, further intensifying the downward momentum of the 10-day moving average. Currently, the trend line is fast approaching its 25-day counterpart, with a downward cross inevitable.
In addition to this, the RSI, which is tracking at 51.82, appears to be en route to a floor at 49.00, which could push
United States Latest News, United States Headlines
Similar News:You can also read news stories similar to this one that we have collected from other news sources.
Bitcoin, Ethereum Technical Analysis: BTC Rebounds, Following Decline in US Consumer Confidence – Market Updates Bitcoin NewsBitcoin rebounded on March 1, as markets reacted to the latest consumer confidence report from the United States.
Read more »
Bitcoin, Ethereum Technical Analysis: BTC, ETH Slip Ahead of US Consumer Confidence Report – Market Updates Bitcoin NewsBitcoin and ethereum were trading lower on Feb. 28, as markets anticipated the release of the upcoming U.S. consumer confidence report.
Read more »
Ethereum’s Regens Tend to Ethereum’s Public Goods'Radical permissionless is sacrosanct in crypto cultures. It is non-negotiable, like decentralization or censorship resistance' polarpunklabs and gitcoin's notscottmoore write. Because anyone can use Ethereum, it must be treated as a commons. Opinion.
Read more »
Crypto Market February Roundup: Bitcoin Layer 2 Protocol Stacks, Ethereum Staking Derivative Tokens SurgeJanuary euphoria in crypto markets turned to February worry as investors sent prices of bitcoin, ether and most other major digital assets dropping. But Bitcoin layer 2 protocol Stacks Network’s STX token soared 216% in February. _jocelynyang_ reports
Read more »
BTC and ETH Price Analysis for March 1Can BTC and ETH rise at the beginning of the new month? crypto Ethereum ETH $ETH cryptoexchange VitalikButerin ethereum sassal0x
Read more »
Bitcoin-Based NFTs Cross 200,000 Ordinal Inscriptions, Yuga Labs Launches Twelvefold Collection – Bitcoin NewsIt took approximately 72 days to reach the 200,000 range, as the first Bitcoin Ordinal inscription was minted on Dec. 16, 2022.
Read more »