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Summary: El Salvador’s Bitcoin holdings have lost value by roughly $40 million This amount is almost equal to El Salvador’s next coupon payment on its debt for the month of June, worth $38.5 million However, President Bukele has an 85% approval rating President Bukele also shared plans for the country’s Bitcoin City El Salvador’s Bitcoin
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BTC's current pullback is similar to what occurred in September of last year, when buyers began to take profits around the $46,000-$50,000 resistance zone. Still, unlike the current situation, last year's rally above $40,000 benefited from positive long-term momentum. Source
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Bitcoin (BTC) continues to trade around the $40K price level, which is the midpoint of a three-month long price range. The cryptocurrency is struggling to maintain positive momentum as indicators shift neutral. Original Source
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Bitcoin had been on a downtrend for the past few weeks, the coin, however, started to show an uptrend over the past 48 hours. BTC was optimistic as the coin finally broke over its crucial resistance of $40,000. It was seen trading above $41,000 at the time of writing. Price fluctuations
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Bitcoin (BTC) sentiment is seeing its first significant test of the rally to year-to-date highs as bullish gains dry up.The start of Wall Street trading on March 30 failed to induce a fresh advance on BTC/USD, which threatened to lose support at $47,000. From "extreme fear" to "greed" in one
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Ethereum had seen some uptrend that had sent the price up at the start of the week, finally breaking above $3,000 once more. However, the digital asset has had a hard time maintaining this position in what it showing to be a ‘takeout.’ Raoul Pal, CEO, and co-founder of Real
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Bitcoin (BTC) continues to decline from key resistance levels, indicating a loss of short-term momentum. Support around $37K-$40K remains intact, which could stabilize the down move. On the weekly chart, conditions are still neutral, benefitting short-term trades. Original Source
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Bitcoin continues to trend lower over the weekend and seems at risk of re-testing previous lows. The first crypto by market cap was rejected at mid-area north of $40,000 and was unable to muster the momentum to hold those levels. Related Reading | Did Top Three Bitcoin Addresses Just Call Another
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Altcoins have been closely following the movement of bitcoin over the last few weeks but this is no surprise. However, there are times when these altcoins are able to break out of the shadow of the pioneer cryptocurrency and make out a rally for themselves. This is referred to as
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