Price analysis 6/19: SPX, DXY, BTC, ETH, BNB, XRP, ADA, DOGE, SOL, LTC
The strength in the S&P 500 and weakness in the U.S. Dollar Index could limit the short-term downside in Bitcoin and select altcoins. Go to Source Powered by WPeMatico
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Most ‘fear’ in 3 months as $26.4K becomes key — 5 things to know in Bitcoin this week
Bitcoin sentiment is clinging to any optimism it can get — just like BTC price performance — as a new week of volatility triggers begins. Go to Source Powered by WPeMatico
Price analysis 6/12: SPX, DXY, BTC, ETH, BNB, XRP, ADA, DOGE, SOL, MATIC
Market observers will closely watch the United States CPI data and the Fed’s policy decision to provide direction to the stock and crypto market. Go to Source Powered by WPeMatico
Bitcoin traders weigh next move with BTC price at crucial 200-week trendline
Bitcoin keeps the market guessing over how it will treat the 200-week moving average at $26,500. Go to Source Powered by WPeMatico
Price analysis 6/5: SPX, DXY, BTC, ETH, BNB, XRP, ADA, DOGE, SOL, MATIC
Bitcoin and several altcoins took a beating on reports that the SEC filed a suit against Binance in the United States District Court. Go to Source Powered by WPeMatico
Price analysis 5/29: SPX, DXY, BTC, ETH, BNB, XRP, ADA, DOGE, SOL, MATIC
The news of a tentative debt ceiling deal bolstered Bitcoin’s price above $28,000, but higher levels continue to attract selling from the bears. Go to Source Powered by WPeMatico
Bitcoin erodes 4% gains as BTC price downside targets stretch to $23K
A spike above $28,000 begins to fade as the new week begins, while a U.S. holiday means no external BTC price triggers from equities. Go to Source Powered by WPeMatico
Price analysis 5/22: SPX, DXY, BTC, ETH, BNB, XRP, ADA, DOGE, SOL, MATIC
Bitcoin’s tight-range trading suggests that traders are content to wait for a catalyst to start the next trending move. Go to Source Powered by WPeMatico
US Dollar’s Importance Declining in International Transactions and as Reserve Currency, Economist Says
A Canadian economist and professor at the University of British Columbia says the role of the U.S. dollar in international trade and as a reserve currency has been declining. “Other currencies have been getting more important in international transactions and as reserve currencies,” he stressed. Economist Highlights Rising De-Dollarization Trend Canadian economist James Brander shared … Read more
Price analysis 5/15: SPX, DXY, BTC, ETH, BNB, XRP, ADA, DOGE, SOL, MATIC
The debt ceiling talks remain in focus and are likely to dictate the price action in the S&P 500, DXY and cryptocurrency markets in the near term. Go to Source Powered by WPeMatico
