$BTC is up 30% over the last week
, Ava Labs recently reached recently secured a partnership with Amazon Web Services, a subsidiary of tech giant Amazon. As the result, the price of the AVAX token expedited a double-digit price increase.
Experts are attributing this recent surge of risk assets to a cooling in inflation expectations, coupled with the Federal Reserve’s expected slowing of interest rate hikes. Michael Purves from Tallbacken Capital Advisors told Bloomberg that risk asset are likely to experience bullish near-term price action.
Bitcoin's gains offer stark contrast to last year's slump of over 60%. The massive correction was triggered by various crypto blowups, including the implosion of
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 Above $1,330, Consolidating Recent Gains – Market Updates Bitcoin NewsEthereum mostly consolidated during Tuesday’s session, as prices continued to trade close to recent highs.
Read more »
Joe Biden's gift to Donald Trump won't help him regain influenceExperts believe Trump is likely to instrumentalize the discovery of classified documents in Biden's former office at the Penn Biden Center.
Read more »
GBP/USD looks to regain 1.2200 amid downbeat expectations from US inflationGBP/USD buyers flex muscles around the mid-1.2100s, following the downbeat performance in the last two days, as markets await the key US Consumer Pric
Read more »
Grayscale Bitcoin Trust Discount Narrows to 8-Week LowGrayscale Bitcoin Trust's early 2023 rally outpaced that of its underlying bitcoin holdings, significantly narrowing its discount to the net asset value. The closed-end trust with more than $10 billion in assets under management is up 17.5% to begin the year versus about a 5% advance in the price of bitcoin to its current $17,300. Grayscale and CoinDesk are both owned by parent company DCG. 'All About Bitcoin' host Christine Lee breaks down 'The Chart of The Day.'
Read more »
Cryptoverse: Bitcoin digs in for a bumpy new yearBitcoin's looking steady in 2023. But it's only been a week.
Read more »