For now, charts suggest further upside in bitcoin if a breakout above $66,000 is confirmed this week. “Bitcoin has ample room to rise on the technical analysis side, as the bulls have built-up strength during the first cryptocurrency’s month-long consolidation,” Alex Kuptsikevich, a market analyst at FxPro, wrote in an email to CoinDesk. Source link … [Read more...] about Bitcoin Rises as Central Banks Maintain Low Rates
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Ethereum bulls maintain control ahead of Friday’s $730M ETH options expiry
Ether (ETH) initiated a rally on April 25, which resulted in a 90% gain that pushed the price to $4,200. The non-stop action has been fueled by an incredible increase in decentralized finance (DeFi) applications where the net locked value surpassed $74 billion, a 51% increase in eighteen days.This positive momentum has been decimating the neutral-to-bearish put (sell) options, … [Read more...] about Ethereum bulls maintain control ahead of Friday’s $730M ETH options expiry