Trip

Bitcoin Snaps Losing Streak as Pelosi Taiwan Trip Passes Without Incident

●Bitcoin (BTC): $22,807 −1.1% ●Ether (ETH): $1,614 −2.0% ●S&P 500 daily close: 4,155.17 +1.6% ●Gold: $1,781 per troy ounce +0.5% ●Ten-year Treasury yield daily close: 2.75% +0.007 Bitcoin, ether and gold prices are taken at approximately 4pm New York time. Bitcoin is the CoinDesk Bitcoin Price Index (XBX); Ether is the CoinDesk Ether Price Index …

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Bitcoin price battles $23.5K resistance amid relief over Pelosi Taiwan trip

Bitcoin (BTC) rose to daily resistance at the Aug. 3 Wall Street open as United States equities gained on relief over Taiwan. BTC/USD 1-hour candle chart (Bitstamp). Source: TradingView Stocks gain as US dollar coils Data from Cointelegraph Markets Pro and TradingView showed BTC/USD returning to the area just below $23,500, which had figured as resistance …

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Fed Fears and Pelosi Taiwan Trip Reverse Bitcoin’s Recent Gains

“The Merge narrative on ETH has been getting a little cloudier,” said Joshua Lim, head of derivatives at Genesis Trading. “The complications around a proof-of-work fork could create some market dislocations and the geopolitics of Pelosi’s Taiwan visit are weighing on price.” (Genesis is owned by Digital Currency Group, which also owns CoinDesk.) Source link

Bitcoin, Ether Slump as Pelosi’s Taiwan Trip Weakens Risk Sentiment

“Our short-term [bitcoin] indicators are mixed, but a greater loss of short-term momentum would support a retest of support (~$18,300-$19,500), below which secondary support is near $13,900,” Katie Stockton, a chartered market technician and founder and managing partner of Fairlead Strategies, wrote in a weekly analysis published Monday. “Intermediate- and long-term momentum indicators are still …

Bitcoin, Ether Slump as Pelosi’s Taiwan Trip Weakens Risk Sentiment Read More »

Bitcoin, Ether Slump as Pelosi’s Taiwan Trip Weakens Risk Sentiment

“Our short-term [bitcoin] indicators are mixed, but a greater loss of short-term momentum would support a retest of support (~$18,300-$19,500), below which secondary support is near $13,900,” Katie Stockton, a chartered market technician and founder and managing partner of Fairlead Strategies, wrote in a weekly analysis published Monday. “Intermediate- and long-term momentum indicators are still …

Bitcoin, Ether Slump as Pelosi’s Taiwan Trip Weakens Risk Sentiment Read More »