Price analysis 6/12: SPX, DXY, BTC, ETH, BNB, XRP, ADA, DOGE, SOL, MATIC
Market observers will closely watch the United States CPI data and the Fed’s policy decision to provide direction to the stock and crypto market.
Market observers will closely watch the United States CPI data and the Fed’s policy decision to provide direction to the stock and crypto market.
Bitcoin and several altcoins took a beating on reports that the SEC filed a suit against Binance in U.S. district court.
Cointelegraph analyst and writer Marcel Pechman explains why the cryptocurrency market has lost 60% of its market cap, with the S&P 500 only about 15% from its all-time high.
The debt ceiling talks remain in focus and are likely to dictate the price action in the S&P 500, DXY and cryptocurrency markets in the near term.
Bitcoin and most major altcoins are witnessing aggressive selling at higher levels, indicating that the bears are trying to make a comeback.
Bitcoin and select altcoins are at risk of falling below their respective support levels and starting a deeper correction.
Bitcoin and select altcoins are witnessing a pullback, indicating that traders may be booking profits and reducing risk.
After days of consolidation near the local high, Bitcoin is trying to breakout and challenge the $30,000 level.
Macroeconomic headwinds continue to pressure the crypto market, but bulls appear steadfast on holding $28,000 for support and this could provide tailwinds for altcoins.
The crypto market corrected on news of the CFTC suing Binance and its CEO Changpeng Zhao, but technical charts reveal a silver lining.