Bitcoin, Coinbase Crypto Euphoria Is Blind To Potential Dollar Reversal
Today is the day everyone in crypto has been waiting for: popular Bitcoin exchange Coinbase has been publicly listed on the stock market for the first time ever. The entire industry is buzzing, still euphoric from the months of nothing but green candles. However, the euphoria could be blinding market participants to the fact that […]
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Both Bitcoin and Litecoin have cashed in on the euphoria incited by the launch of Coinbase new licensed Bitcoin exchange. It was indeed an opportunity for traders to pump the market based on optimistic fundamentals. While Bitcoin rose naturally, Litecoin remained to be its sidekick, tailing its trend. Here is a quick recap of Litecoin price movements in the last few days. The LTC/USD was trending sideways in a congestion pattern. There was absolutely nothing in terms of trading volume, only until Coinbase released some details about its upcoming Bitcoin exchange. It was Bitcoin traders....
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