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The Crypto Market Pretends to Be a Safe HavenWe believe that BTCUSD remains in low-density territory, with key resistance levels of $38K or even $48K. However, reaching the upper boundary in the coming weeks won’t be easy.
Crypto News: Optimism Toward BTC-Spot ETF Approvals Sends BTC to $30,600Market speculation on BTC-spot ETF approval stirs excitement, propelling Bitcoin to $30,000.
Crypto News: Bitcoin-Spot ETF Optimism a Much-Needed TailwindKey Insights: Optimism toward the SEC approving BTC-spot ETFs delivered much-needed support to BTC and ETH over the weekend. Amidst increasing regulatory scrutiny, the UAE released a whitepaper, with OKX, to tackle the regulation of the metaverse. Geopolitics and SEC vs. Coinbase and Ripple case-related news warrant consideration. US Bitcoin
XRP Bears Remain in Control Despite SEC Appeal Silence and the FedXRP remains under pressure despite two days in the green. SEC appeal plans remain a crypto headwind, while legislation news from Capitol Hill is bullish.
Five Things to Know in Crypto This Week: SEC Plans an AppealIt was a busy week for the crypto market, with SEC and US lawmakers grabbing the headlines as the markets consider the post-ruling outlook.
Crypto Dragged Back to Support Line on Risk-offBitcoin failed to develop any local upward momentum and continues to test the lower boundary of its last trading range.
Bitcoin Short and Mid-Term ForecastWith the 20-day EMA and the 23% retracement taken out the question now becomes where could Bitcoin find support?
Bitcoin Risks Falling Out of RangeIn contrast to the positive performance of stock indices, which updated multi-month highs, the first cryptocurrency rolled back below 30k on Monday.
Altcoins Take the Lead in Cryptocurrency MomentumEthereum gained 4% to $1930, encountering a sell-off above $2000 but maintaining positive momentum for the week.
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Last updated hace 2 meses
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Official SolaZola Channel
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