Bitcoin price eyes $50K as the US Dollar retreats after hitting its one-year high
Rising jobless claims in the U.S. sparked selloffs in the dollar market. On the other hand, Bitcoin held onto its intraday gains. Go to Source Powered by WPeMatico
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Rising jobless claims in the U.S. sparked selloffs in the dollar market. On the other hand, Bitcoin held onto its intraday gains. Go to Source Powered by WPeMatico
The sell-off in the Bitcoin market, in particular, intensified due to excessively leveraged bullish bets. Go to Source Powered by WPeMatico
The bearish outlook appears also as Cardano’s daily relative strength index (RSI) reflects overbought sentiments. However, euphoria surrounding Cardano’s smart contracts launch and its mild correlation with Bitcoin keeps the upside hopes intact. Go to Source Powered by WPeMatico
XRP price has bounced back from its July lows but some indicators are starting to suggest that the rally is due for a pullback. Go to Source Powered by WPeMatico
The dominance of Bitcoin transactions of values above $1mm doubled year-over-year, hinting at a rising institutional involvement in the cryptocurrency space. Go to Source Powered by WPeMatico
BTC price inched toward 2020’s support with traders expecting more gains if a breakout occurs. Go to Source Powered by WPeMatico
Klaytn bulls ignored a deadly moving average crossover after assessing KLAY’s upcoming listing on Binance. Go to Source Powered by WPeMatico
Polkadot emerged as one of the best-performing tokens week-to-date as traders’ focus shifted on DOT’s listing at Coinbase Pro and Kusama’s first-ever parachain auction, set to go live on Tuesday. Go to Source Powered by WPeMatico
Aave’s LEND token continues to rally after DeFi protocol introduced staking rewards in its Aavenomics proposal. Go to Source Powered by WPeMatico
Tone Vays is increasingly confident that Bitcoin will not seek to put in new lows under $3,800 Go to Source Powered by WPeMatico