Bookmarking Crypto Insights
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Bitcoin and the wider crypto market began to correct after the bullish momentum that drove last week’s rally to year-to-date highs started to fizzle out. Go to Source Powered by WPeMatico
The rally in stocks could be giving Bitcoin price a boost, and the crypto market could see more fireworks if the Fed confirms investors’ expectation that rate hikes will slow down. Go to Source Powered by WPeMatico
On Jan. 21, 2023, the price of bitcoin reached a 24-hour high of $23,333 per unit at 5 a.m. Eastern Time on Saturday. The entire crypto-economy is now valued at $1.05 trillion after rising 7.2% against the U.S. dollar. Bitcoin’s price rise has led to the crypto asset’s dominance level surpassing the 40% region among … Read more
Positive U.S. economic data initially propped up crypto and stock markets, but it appears that bulls lack the might to keep the rally rolling. Go to Source Powered by WPeMatico
Bitcoin’s chart shows a tug-of-war between bulls and bears, and this is having a slight impact on the upward price action of most altcoins. Go to Source Powered by WPeMatico
Non-fungible token (NFT) sales have dropped significantly in contrast to the seven days prior, as NFT sales are down 59.35% this week. During the past seven days, $208.68 million in NFT sales were recorded, with $157.20 stemming from the Ethereum blockchain. The top-selling NFT collection this past week was the Bored Ape Yacht Club (BAYC), … Read more
Bitcoin and select altcoins have risen above stiff overhead resistance levels, signaling that the bottoming process may have begun. Go to Source Powered by WPeMatico
Bitcoin and altcoins are extending their rally and traders are hopeful that the gains will push higher after this week’s consumer price index data is released. Go to Source Powered by WPeMatico
DXY is cooling off and crypto and equities are starting to heat up. Cointelegraph explores how BTC and altcoins could react to the current bullish momentum in the market. Go to Source Powered by WPeMatico
A rally in equities markets is providing support to BTC and altcoins, but bulls will likely struggle in keeping the momentum needed to turn overhead resistance levels to support. Go to Source Powered by WPeMatico
