Bitcoin needs to reclaim the $69,000 level to reignite its uptrend, one trader noted.
Category: Markets
Auto Added by WPeMatico
“This is the latest progression of our digital assets strategy,” said Robert Mitchnick, BlackRock’s Head of Digital Assets.
Fed policymakers maintained their outlook for three rate cuts by the end of the year, alleviating market risk of a […]
Odds that spot ether ETFs will get approved in May have gotten slimmer, according to a Bloomberg ETF analyst who […]
The action may foreshadow regulatory restrictions in the region for the largest stablecoin by market capitalization and trading volume, as […]
In response, Aevo says customers suddenly traded more on its decentralized exchange to try to get some of its airdrop.
Bitcoin could enter a period of consolidation before its next leg in the rally, observers noted.
Bitcoin nearly doubled in price since late January, but a “counter move seems to be near,” Swissblock analysts said.
Momentum behind bitcoin’s rally has waned so expect a period of consolidation, Matrixport analysts noted.
The rally could be a sign of traders rotating some of their capital to tokens that haven’t moved yet.