The crypto market is showing a slight bit of stability, and traders are hopeful that today's Fed presser could catalyze a market-wide price rally.
. This suggests that cryptocurrency traders are focused on crypto-specific issues and are not buying on favorable macroeconomic news.
Although Saylor’s views may sound comforting to the Bitcoin bulls, they should keep in mind that MicroStrategy has a large position in Bitcoin, hence his views may be biased.Traders hate uncertainty and generally stay on the sidelines until clarity emerges. The same may happen with the cryptocurrency markets in the near term. A trending move is likely to begin only after investors sense some regulatory clarity.
The downsloping moving averages indicate that bears have the upper hand but the positive divergence on the relative strength index indicates that the selling pressure may be reducing.
France Dernières Nouvelles, France Actualités
Similar News:Vous pouvez également lire des articles d'actualité similaires à celui-ci que nous avons collectés auprès d'autres sources d'information.
ADA and BNB Price Analysis for June 14Can ADA follow the rise of BNB? Dave_Jonez_02 BNB Pain_Alive_BNB Binance_DEX
Lire la suite »
Today's Tucson weather forecast: June 14Find today's weather outlook and see how it compares to previous years in Tucson:
Lire la suite »
14-year-old graduates Bay Area college, gets job at SpaceXFourteen-year-old Kairan Quazi of Pleasanton is set to graduate from Santa Clara University and has already secured a full-time job as a software engineer at SpaceX's Starlink division.
Lire la suite »
14 boutique streamers to try if your current subscriptions aren't to your tasteBoutique streamers like BET+, Crunchyroll and more make it easy for viewers of every taste to have exactly what they want to watch at their fingertips.
Lire la suite »
N.J. man who admitted sexual abuse of girl sentenced to 14 years in prison, officials sayThe victim was 16 years old when she reported the abuse to police.
Lire la suite »