Browsing: Federal Reserve

why-is-the-crypto-market-down-today?

The crypto market is down today, paring Ethereum’s post-Shapella rally with the total cryptocurrency market capitalization losing nearly 4% in 24 hours. Right as some analysts thought that Bitcoin (BTC) was on the cusp of confirming a new bull market, the cryptocurrency market took a downturn amid regulatory uncertainty and signs of weakening macroeconomic conditions. Crypto

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bitcoin-price-targets-include-new-$14k-dip-as-fed’s-powell-avoids-inflation

No fresh BTC price catalyst from the Fed as Chair Powell fails to mention inflation altogether. Bitcoin (BTC) traders faced disappointment at the Jan. 10 Wall Street open after the United States Federal Reserve declined to comment on future policy.BTC/USD 1-hour candle chart (Bitstamp). Source: TradingViewPowell keeps quiet on Fed policyData from Cointelegraph Markets Pro

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ethereum-eyes-$3.5k-as-eth-price-reclaims-pandemic-era-support-with-40%-rebound

Ethereum price is back above its 50-week exponential moving average, a credible support level from the 2020-2021 market boom. Ethereum’s native token Ether (ETH) looks poised to hit $3,500 in the coming sessions as it reclaimed a historically strong support level on Feb. 5.Ethereum price back above key trendlineETH price rising above its 50-week exponential…

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