Bitcoin, Ethereum Technical Analysis: ETH Surges Back Above $1,700 as US Infl...

Bitcoin, Ethereum Technical Analysis: ETH Surges Back Above $1,700 as US Infl...

Ethereum was once again volatile on Wednesday, as prices of the token fell below $1,700 ahead of the latest U.S. inflation report. However, following the report, which came in at 8.5% in July, the token surged back above this point. Bitcoin was trading lower, as it continued to hover below $24,000. Bitcoin Bitcoin (BTC) was once again trading below $24,000 in today’s session, as the token continued to react to increased levels of market turbulence. Wednesday saw the world’s largest cryptocurrency fall to an intraday low of $22,771.52, which comes less than a day after trading....


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