Bitcoin, Ethereum Technical Analysis: BTC Drops Below $20,000 Ahead of US Non...
Bitcoin was trading below $20,000 on Friday, as markets prepared for the release of the latest U.S. nonfarm payrolls report. The token moved lower for the third consecutive session, as bearish sentiment returned to markets. Ethereum continued to consolidate ahead of this afternoon’s release. Bitcoin Bitcoin (BTC) was back below $20,000 on Friday, as traders continued to anticipate this afternoon’s nonfarm payrolls (NFP) report. September’s payrolls are expected to come in at 250,000 jobs, with many believing that we could likely see the report....
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Bitcoin once again slipped below $20,000, as market uncertainty rose ahead of Friday’s Non-farm payrolls report. Tomorrow’s payrolls are expected to come in at 300,000 jobs, which is lower than July’s 528,000 figure. Ethereum also declined, as the price moved away from the $1,600 region.
Bitcoin
Bitcoin (BTC) briefly fell below $20,000 on Thursday, as crypto traders began to anticipate tomorrow’s non-farm payrolls report.
Following an additional 528,000 jobs in the U.S. economy in July, last month’s figure is expected to show an....
Ethereum could undergo a stronger drop in the days ahead, analysts say, as the cryptocurrency slides below key support levels. Ethereum Loses Key Support Level on a Short-Term Basis: Analysis A crypto-asset analyst shared the chart below just recently, showing how the coin has moved below a rising wedge pattern. It is still in a decent spot on a weekly time frame though may face an intra-day pullback, the chart suggests. “$ETH $ETHUSD #Ethereum – […]
Ethereum dropped to its lowest level since last Friday during today’s session, as consolidation in crypto markets continued on Wednesday. This comes ahead of this afternoon’s U.S. Federal Reserve interest rate decision. Bitcoin was also in the red, and remains below $20,800. Bitcoin Bitcoin (BTC) continued to trade below $20,800 on Wednesday, as market uncertainty remains high ahead of this afternoon’s Fed meeting. Although markets have somewhat priced in a 75 basis point hike, some are also looking for forward guidance from the bank, which includes a timeline for....
Bitcoin rose for a seventh consecutive session on Tuesday, as the token moved to a three-week high. The price surge came ahead of this afternoon’s U.S. inflation report, which is expected to come in at 8.1% for August. Ethereum continued to trade lower in today’s session, as volatility remained high ahead of The Merge. Bitcoin Bitcoin (BTC) rose for a seventh consecutive session on Tuesday, as markets anticipated the release of the U.S. consumer price index. Inflation in the United States is expected to fall to 8.1% in August, following a decline to 8.5% the month prior.....
Bitcoin was trading marginally higher on Wednesday, as markets prepared for the upcoming U.S. inflation report. Cryptocurrencies have mostly consolidated ahead of the release, which many believe could trigger further action from the Federal Reserve Bank. Ethereum was also higher, as the token rose above $1,300. Bitcoin Following two consecutive days of declines, bitcoin (BTC) was back in the green on Wednesday ahead of the U.S. inflation report. The world’s largest cryptocurrency rose to a high of $19,241.96, less than 24 hours after hitting a bottom of $18,925.60. Today’s....