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Get StartedBitcoin’s inability to decisively break above the $10,000-10,500 resistance level hasn’t been seen as the most bullish of signs by investors.
Bitcoin has been flashing some immense signs of overt weakness throughout the past several days, and this appears to be reflected in its price action as it trades around the lower boundary of its long-held range at $9,300.
The ongoing COVID-19-pandemic has served as a defining point of modern financial markets.
Ethereum’s average transaction fees just rocketed overnight after one user spent millions of dollars in fees to send a tiny amount of ETH.
Aside from Bitcoin gaining a perfect storm of macro factors, one of the biggest narratives in the crypto market over the past few months has been decentralized finance (DeFi).
Bitcoin has seen a notable uptick in its fundamental strength over the past week.