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Atul Ajoy · 2 weeks ago · 2 min read
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Bitcoin and Ethereum prices took a big hit as major Chinese banks paused all crypto-related transactions.
Bitcoin and Ethereum prices start to fall as the weekend approaches, a move that has become a familiar pattern in the past few months.
Bitcoin price crossed the $40,000 region for the first time in the last two weeks as Tesla CEO Elon Musk joined the chorus for green alternatives for crypto mining.
Bitcoin and Ethereum both continue to show an unclear direction as both fail to break major resistances and fall back on their ‘support’ price levels.
Bitcoin and Ethereum markets saw another big sell-off on June 8, data from multiple sources show.
Crypto traders were excited to see Ethereum (ETH) move ahead of Bitcoin (BTC) in percentage terms today, data from multiple sources showed. Bitcoin prices ran into a ‘resistance’ level at $38,000, while Ethereum surged by 10% as of press time.
Crypto markets started the week green admist generally favorable developments from China, India, and the US, with all three clarifying recent comments and circulars to alleviate fears of an impending crypto ban.
Bitcoin prices rose in the past two days (after a 40% plunge last week) as North American miners formed a ‘Council’ to consider green alternatives for mining in a brief meeting with Tesla CEO Elon Musk.
The cryptocurrency market shows a steady rise after the big sell-off last week after many indicators turned bearish, but are we out of the rough patch yet? Last week, after the price closed below the 20MA (a popular indicator used by traders to assess the price momentum), there was a huge sell-off which saw Bitcoin […]