Following a few consecutive days of price dumps, bitcoin reversed its trajectory and added more than $2,000 in hours. The altcoins have also turned greed today, led by impressive price pumps from Terra, Avalanche, and Cardano. Bitcoin Taps $39K The past several days didn’t go well for the largest cryptocurrency,...
Bitcoin tried its hand at $43,000 yesterday but was violently rejected at that point and dropped by almost $3,000 in hours. Most altcoins are also well in the red today, with Ethereum close to breaking below $3,000 and BNB sitting just north of $400. Bitcoin Failed at $43K Ever since...
Bitcoin’s run-up was halted at around $39,000 after the Federal Reserve announced it will increase the interest rates in March this year. The altcoins, which were also heading north, dropped in response similarly to BTC. Bitcoin Rejected at $39K After last week’s massacre, in which the primary cryptocurrency dumped by...
