Friday, April 26, 2024
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Bitcoin trader predicts $18K return within days as stocks wilt post-CPI

Bitcoin (BTC) cooled near $19,200 after the Oct. 14 Wall Street open as stocks struggled to preserve their “bear trap.”BTC/USD 1-hour candle chart (Bitstamp). Source: TradingViewAnalyst: "Abandon all hope" for asset price reboundData from Cointelegraph Markets Pro and TradingView followed BTC/USD as it came off one-week highs on the day

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As Ether, Bitcoin Wilt, Trading Firms Blame Lack of Bullish Catalyst for Market Swoon

Bitcoin, the biggest cryptocurrency by market value, slipped to $18,300, the lowest since June 19, according to CoinDesk data. Meanwhile, ether, the native token of Ethereum's blockchain, which recently underwent a long-awaited and supposedly-bullish technological change called the Merge, slipped to a two-month low of $1,580. The total market capitalization

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