Bitcoin, Ethereum Technical Analysis: BTC Slips to 10-Month Low, Below $33,000
BTC fell to its lowest level since last July, as prices dropped below $33,000 to start the week. The selloff in cryptocurrency started last week, following the Fed’s decision to hike interest rates by 0.5%. In addition to bitcoin, ETH hit a two-month low as a result of the red wave. Bitcoin Bitcoin slipped to a ten-month low to start the trading week, as a red wave continued to sweep the cryptocurrency market. Following five consecutive days of declines, BTC/USD dropped to an intraday low of $32,813.31 on Monday. Today’s bottom is the lowest level prices have traded since....
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