This week, Ethereum maintained its position around the crucial support level of $1,800, experiencing a slight decline of 2%. While this places sellers in a more advantageous position, they must breach the support level to seize the initiative. The current ETH price action indicates notable weakness following the establishment of a lower high just beneath … Read more
The cryptocurrency market capitalisation experienced a slight decline over the past 24 hours, as market participants responded to the consumer price inflation data for July from the U.S., which aligned with market expectations. Positive inflows to U.S.-listed Bitcoin Spot ETF products mitigated losses. Overall crypto market capitalisation has contracted by more than a quarter percent … Read more
Despite the disappointment regarding the postponement of the Clarity Act’s Senate vote until September, cryptocurrencies are exhibiting a robust trading performance. Crypto markets have also dismissed concerns ahead of the release of the monthly jobs data from the U.S., which could notably impact the Fed’s monetary policy decisions. Overall crypto market capitalisation has risen by … Read more
The sentiment in the cryptocurrency market, which recently appeared to be closely tied to the shifts in the global AI trade, has once again returned to experimenting with monetary policy, interest rates, and the battle against inflation. An ongoing surge in crude oil prices, driven by interruptions in oil transport through key waterways, is leading … Read more
