Friday, May 17, 2024
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Bitcoin struggles to flip $24K to support, but data shows pro traders stacking sats

Bitcoin (BTC) rallied on the back of the United States Federal Reserve's decision to hike interest rates on July 27. Investors interpreted Federal Reserve chairman Jeremy Powell’s statement as more dovish than the previous FOMC committee meeting, suggesting that the worst moment of tight economic policies is behind us.Another positive

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Bitcoin bulls miss key resistance flip as BTC price sheds 8%

Bitcoin (BTC) extended losses on the July 21 Wall Street open after a key resistance level failed to hold as new support.BTC/USD 1-hour candle chart (Bitstamp). Source: TradingViewDollar rises to squeeze risk assetsData from Cointelegraph Markets Pro and TradingView showed BTC/USD dropping to $22,340 on Bitstamp after the opening bell, down

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