Bitcoin (BTC) is attempting to reverse its weekend sell-off, although the cryptocurrency’s price could face short-term resistance around $53,000-$55,000. BTC was trading around $50,000 at the time of publication and is up about 3% over the past 24 hours. Source link … [Read more...] about Bitcoin Rises on Encouraging Omicron News Before Falling Back; Ether Drops Slightly
Omicron
First Mover Asia: Bitcoin Drops Following First US Omicron Case
Good morning. Here’s what’s happening this morning:Market moves: Crypto markets opened December with mixed performances as traders remain in a wait-and-see mode.Technician’s take: BTC’s uptrend is intact with improving price momentum. Downside appears to be limited around the $53K-$55K support zone.Catch the latest episodes of CoinDesk TV for insightful interviews with crypto … [Read more...] about First Mover Asia: Bitcoin Drops Following First US Omicron Case
Bitcoin Rebound Continues Into Third Day Amid Lessening Omicron Fears
“First Mover” hosts spoke with The Sandbox co-founder and Chief Operating Officer Sebastien Borget for an insider look into the metaverse gaming space as the firm launches Sandbox Metaverse Alpha. GlobalBlock CEO Rufus Round shared market insights as bitcoin rebounds from a steep selloff. Pat Duffy and Alex Wilson, co-founders of The Giving Block, shared how charities and … [Read more...] about Bitcoin Rebound Continues Into Third Day Amid Lessening Omicron Fears
Bitcoin Tops $58K With Focus On Omicron and Fed’s Powell Speech
“Bitcoin is largely being grouped with other risk assets at the moment,” Matthew Dibb, COO and co-founder of Stack Funds, said. “After Friday’s collapse in equities, we have seen some buying in major coins, but it’s too early to say whether it will continue.” Source link … [Read more...] about Bitcoin Tops $58K With Focus On Omicron and Fed’s Powell Speech