ETH falls under $1,500, hitting 1-month low, as BUSD depegs.
) continued to trade close to a multi-week low on Monday, as market sentiment remained bearish ahead of the upcoming U.S. inflation report./USD dropped to an intraday low of $21,539.50 to start the week.
As a result of the decline, bitcoin remains close to its lowest point since January 20, which is the last time prices were under $21,000.Looking at the chart, today’s move comes as the 14-day relative strength index maintains its proximity to a support point at 44.00. At the time of writing, the index is currently tracking at 45.80, with a resistance level of 50.00 an ideal target for remaining bulls.Ethereum
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: ETH Nears $1,500 Level to Start the Weekend – Market Updates Bitcoin NewsEthereum neared a breakout below $1,500 to start the weekend, pushing prices closer to a one-month low. Bitcoin remains below $22,000.
Read more »
Ethereum (ETH) Price Primed for Upshoot as Staked Ethereum Hits New MilestoneTotal Value Locked in Ethereum 2.0 deposit contract now tops 15.8 million ETH units
Read more »
IMF Report on El Salvador's Bitcoin Adoption: Risks Averted, but Transparency Needed – Bitcoin NewsIn a concluding mission statement, the IMF states that the risks have not materialized due to the limited use of bitcoin in El Salvador.
Read more »
Bitcoin Network Experiences Slight Dip in Difficulty After Record High – Mining Bitcoin NewsWith Bitcoin’s recent 0.49% decrease in difficulty, the network's difficulty will now be set at 39.16 trillion hashes for the next two weeks.
Read more »
Pantera Capital on Bitcoin: We're in Next Bull Market Cycle – Markets and Prices Bitcoin NewsCrypto-focused investment firm Pantera Capital says bitcoin has seen its lows. 'We're in the next bull market cycle,' the firm's founder said.
Read more »
Stephen 'tWitch' Boss Remembered By Wife, Ellen at Celebration of LifeApproximately 500 friends and family members attended Stephen 'tWitch' Boss' Celebration of Life on Saturday in Los Angeles.
Read more »