Bitcoin SV & Bitcoin rose sharply in the past 24 hours, boosted by resurgent investor interest. BSV shot up 11% & BTC jumped to levels above $29K. The rebound came after weekend losses and suggests the crypto market is regaining momentum.
🤯 Legendary trader says Bitcoin will be at the top of the food chain! 🚀 “BTC will be at the top of the food chain. That’s the only thing that matters.” – Peter Brandt
The Bitcoin market has seen a significant change in its trend as the MA 200 (moving average 200) has crossed over the MA 50 (moving average 50). With this crossing, experts recommend to wait for further cross before investing.
Fed Chair Jerome Powell is in the spotlight as he leads the Federal Reserve’s surprise rate hike to an historic high, prompting Bitcoin traders to brace for a possible dip in the cryptocurrency’s value.
Bitget, a top global crypto-trading platform, passed another milestone, surpassing 20 million users, in part due to wallet integration which has propelled daily trading volumes to over $2 billion.
Cryptocurrency Stellar XLM saw its price surge 19 percent on Monday pushing its market cap to over 7 billion Analysts suggest that this could be the start of a new upward trend with the potential of it testing the 0.2 resistance mark
Ripple’s XRP token surged more than 6% on Tuesday on reports that the firm might be nearing a settlement with the SEC and a new $50 million investment in the “Metaverse” project.
Societe Generale, one of the largest banks in France, has recently announced that it will be offering its clients the ability to trade and store Bitcoin. This is a major step forward for the cryptocurrency […]
Q2 of 2020 saw altcoins suffer as Bitcoin surged to a dominance of 64.4%. Despite Bitcoin’s volatility, altcoins failed to make a bid for the king of cryptocurrency’s title as their prices indicate a growing separation from Bitcoin.
This week, investors in cryptocurrencies will want to keep two key things in mind when examining the markets: first, the development of Bitcoin’s long-term trend, and second, the potential impact of upcoming regulation on the crypto space.