Cryptocurrency markets continue to trade sideways this week as Bitcoin and Ethereum manage to hold support. Like yesterday, Bitcoin and Ethereum remain in the $20k and $1,500 range despite increasing trading volume over the past 24 hours. Let’s look at relevant crypto news affecting prices today. Key Points: Bitcoin and Ethereum remain above support while trading volume is up significantly. During their latest meeting, the Federal Reserve approved another 0.75% rate hike later this month, which could add bearish momentum to stocks. Crypto markets are starting to depeg from traditional stocks as investors flock to cryptocurrencies as a safe haven
The post Trading Volume for Bitcoin and Ethereum Rises Significantly While Prices Remain Flat appeared first on The Merkle News.
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