Strength In U.S. Dollar May Have Killed Bullish Momentum In Crypto Market?

Strength In U.S. Dollar May Have Killed Bullish Momentum In Crypto Market?

The crypto market has been losing momentum as the price of Bitcoin (BTC), Ethereum (ETH), and Binance Coin (BNB) start trading in the red. The largest cryptocurrencies by market cap might experience further losses as macro-economic factors keep exercising a negative influence on risk-on assets. Related Reading: Ethereum Price Slides As Staked Token Reaches New ATH Ahead Of Hyped Merge At the time of writing, the crypto total market cap stands at $1.09 trillion after experiencing rejection at the $1.2 trillion mark. This has led to minor losses for Bitcoin (2.2%), and Binance Coin (7%),....


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Charted: Ripple (XRP) Consolidates Gains, Why It Could Revisit $0.60

Ripple gained bullish momentum above $0.5000 and $0.5500 against the US Dollar. XRP price remains attractive on dips and it is likely to climb further above $0.5750. Ripple gained strength and it even spiked above $0.5500 against the US dollar. The price is now trading nicely above $0.5000 and the 100 simple moving average (4-hours). […]

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