Cryptocurrency Analysis and News Portal
Good morning. Here’s what’s happening:Market moves: Bitcoin fell below $40,000 briefly as U.S. stocks continued to drop thanks to a newly hawkish Federal Reserve.Technician’s take: BTC buyers could respond to short-term oversold signals, although upside appears limited.Catch the latest episodes of CoinDesk TV for insightful interviews with crypto industry leaders
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Good morning. Here’s what’s happening:Market moves: Bitcoin stabilized near $43,000 after Wednesday’s sell-off, while traders’ attention turned to layer 1 tokens.Technician’s take: Oversold signals remain intact for bitcoin, although upside is limited.Catch the latest episodes of CoinDesk TV for insightful interviews with crypto industry leaders and analysis.PricesBitcoin (BTC): $43,073 -1.09%Ether
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Good morning. Here’s what’s happening:Market moves: Bitcoin slipped to below $44,000 after Fed minutes release, altcoins followed.Technician’s take: BTC broke below $45K support intraday; short-term oversold indicators intact.Catch the latest episodes of CoinDesk TV for insightful interviews with crypto industry leaders and analysis.PricesBitcoin (BTC) $43,423 -5.87%Ether (ETH) $3,528 -7.4%MarketsS&P 500:
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(Edited by Greg Ahlstrand)Good morning. Here’s what’s happening:Market moves:Bitcoin opened lower on the first trading day of U.S. equities market, while the stock market gained with Apple briefly hitting a $3 trillion market capitalization.Technician’s take: Price indicators suggest limited downside for BTC over the short-term as selling pressure slows.Catch the
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