Bitcoin (BTC) is holding steady around $45,000 – a key support level, near the bottom of a month-long price range. Buyers will need to clear $47,000 to yield a short-term upside target toward $53,000 this week.If support does not hold, a pullback will likely stabilize around $42,000, which is near the Dec. 5 crash low. For now, the relative strength index (RSI) on the daily … [Read more...] about Bitcoin Steady Near $45K Support; Resistance at $53K
Steady
Bitcoin Holds Steady Above $49K as BOE Hikes Interest Rate; ECB Decision to Come
“Despite bitcoin’s recent 39% correction, the number of addresses with a non-zero balance continues to break all-time highs,” said Marcus Sotiriou, an analyst at the U.K. based digital asset broker GlobalBlock. “Also, since the $69,000 all-time-high, the Canadian Bitcoin Purpose ETF has added 6,341 BTC in assets under management, representing a 26.2% increase in coin … [Read more...] about Bitcoin Holds Steady Above $49K as BOE Hikes Interest Rate; ECB Decision to Come
Bitcoin Holds Steady as Crypto CEOs Testify, Ether Climbs
“First Mover” hosts spoke with Kalin Metodiev, co-founder and managing partner at Nexo, as the fintech formed a partnership with Fidelity Digital Assets to expand institutional access to crypto. MoonPay co-founder and CEO Ivan Soto-Wright provided insights into its latest funding round that values the company at $3 billion. Crypto CEOs are testifying in front of lawmakers … [Read more...] about Bitcoin Holds Steady as Crypto CEOs Testify, Ether Climbs
Steady Interest in Bitcoin Keeps Money Flowing Into Crypto Funds
Funds focused on bitcoin, the largest cryptocurrency by market capitalization, gained $98 million, up from $95 million the week before and pushing assets under management (AuM) to a record $56 billion, even though bitcoin’s dominance against alternative coins (altcoins) has waned over the week. Source link … [Read more...] about Steady Interest in Bitcoin Keeps Money Flowing Into Crypto Funds