Bitcoin, Ethereum Technical Analysis: BTC Nears $20,000, as ETH Hits 1-Month Low
Bitcoin was trading close to $20,000 to start the weekend, as traders reacted to comments from U.S. Fed Chair Jerome Powell during Friday’s Jackson Hole summit. Powell warned that “there will be some pain ahead,” as the Fed attempts to bring the rate of inflation down. Ethereum was below $1,500 on Saturday. Bitcoin Bitcoin (BTC) was trading lower for a second consecutive session, as the token dropped below $21,000 to start the weekend. Following a high of $21,804.91, bitcoin moved closer to the $20,000 level, falling to an intraday low of $20,020.94. The move comes as....
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Ethereum moved closer to $1,400 on Thursday, as the token rebounded from yesterday’s sell off. The world’s second largest cryptocurrency rose to its highest point in almost ten days during today’s session, as markets were marginally higher. Bitcoin was once again trading above $20,000.
Bitcoin
Bitcoin (BTC) was once again hovering above $20,000 on Thursday, as markets were boosted by better than expected private payrolls figures.
Ahead of tomorrow’s non-farm payrolls report, ADP private sector payrolls came in at 208,000, higher than the....
Following a weekend of bearish pressure, BTC’s price fell to its lowest level in over a month. ETH also neared a one-month low, which came as prices once again slipped below $3,000. Overall, the cryptocurrency market cap is down nearly 4% as of writing. Bitcoin Bitcoin fell to a one-month low to start the week, as cryptocurrency prices continued to decline, following recent bearish pressure in the market. Following a peak of $40,570.73 late on Sunday, BTC/USD dropped to a bottom of $38,696.19 during Monday’s session. Today’s drop saw prices fall to their lowest point....
Ethereum surged to a two-month high on Monday, as crypto prices have mostly moved higher following Friday’s nonfarm payrolls report. Bitcoin rose to a one-week high, as the token climbed above $24,000 to start the week. Overall, the global market cap is trading 4.11% higher as of writing.
Bitcoin
Bitcoin (BTC) was up for a second successive session to start the week, with prices moving closer to a key resistance level.
Following a low of $23,024.80 on Sunday, BTC/USD rallied to an intraday peak of $24,153.34 earlier in today’s session.
As a....
Ethereum was once again higher on Monday, as prices of the token moved towards $1,500 following recent gains. Bitcoin was also in the green, as prices climbed close to a one month high, after surging above $22,000 to start the week.
Bitcoin
Bitcoin (BTC) was in the green to start the week, as the weekend’s bullish momentum continued in today’s session, sending prices over $22,000.
Following Sunday’s low of $20,778.18, BTC/USD surged to an intraday peak of $22,430.62 earlier today.
The move has seen bitcoin briefly break out of a key....
Ethereum continued to fall on Saturday, as the token’s post-Merge sell-off intensified to start the weekend. Prices of the world’s second largest cryptocurrency fell to their lowest level since July, as bearish sentiment in the market remained high. Bitcoin was also lower today, once again trading below $20,000. Bitcoin Bitcoin (BTC) was once again trading below $20,000, as bearish sentiment in the token remained to start the weekend. BTC/USD slipped to an intraday low of $19,400.08 earlier in the day, which is a level that has historically been a price floor. Following the....