More Rate Shocks for Bitcoin Ahead Despite Latest Price Rebound

SOL was nearly 10% higher on Thursday, as crypto prices rebounded following recent losses. The rebound comes a day after the latest Fed rate hike, with TRX also gaining on the news. Solana (SOL) SOL was trading higher during today’s session, spurred by the latest Federal Reserve rate hike. Following a low of $28.46 on Wednesday, SOL/USD surged to an intraday peak of $35.71 earlier in the day. Today’s move saw SOL hit its highest point in the last five days, and comes as prices seemed to have found a floor, following recent declines in price. Overall, SOL is still nearly 25%....

MATIC price secured a near 40% gain as crypto market sentiment improves in the wake of a notable $250 billion relief rally. Polygon (MATIC) emerged as one of the best performers among high-ranking cryptocurrencies on Jan. 26 as the price rose nearly 17% to reach an intraday high at $1.825.The gains surfaced amid a synchronous rebound across the crypto market that started on Jan. 24. In detail, investors and traders poured in over $250 billion across digital assets, benefiting Bitcoin (BTC), Ether (ETH) and many others in the process.Performance of the top-fifteen cryptocurrencies in the....

Global investment bank Goldman Sachs’ president and chief operating officer has warned of unprecedented economic shocks and tougher times ahead. His statement echoes JPMorgan CEO Jamie Dimon’s warning that a “hurricane” is coming our way. Goldman Sachs President’s Warning About the U.S. Economy Goldman Sachs President and Chief Operating Officer John Waldron shared his outlook for the U.S. economy at a banking conference Thursday. Commenting on current economic conditions, he said: “This is among — if not the most....

Here are two Ethereum metrics that are currently showing values that may lead to a rebound for the cryptocurrency’s price. Ethereum Could Rebound Off The Current Market FUD According to data from the on-chain analytics firm Santiment, the crowd seems to have started to bet against ETH in the past few days. There are two […]

Ethereum’s price is currently in a rebound towards the downward trend. How deep will this rebound be? Will the rebound grow into a turn to growth? The short-term upward trend is actually a rebound toward the medium-term downward dynamics. So it’s a bit too early to be talking about a turnaround in the medium-term scale. For the continuation of the downward trend to become likely, Ethereum’s price has to fortify at the level of $8. After forming a turn there, there will be a good chance for the downward trend to continue. That will indicate that the bulls are a minority at that level. But....