BTC, ALGO, XMR, XTZ, THETA - BitcoinEthereumNews.com
BitcoinBTC, ALGO, XMR, XTZ, THETA05 / 08 / 2022Balita ng Ethereum ng Bitcoin The S&P 500 and the Nasdaq have declined for five consecutive weeks, indicating that traders continue to reduce exposure to risky assets. Bitcoins (BTC) close correlation with United States equity markets has resulted in its price remaining under pressure. Bitcoin has extended its decline during the weekend and is now on track for its sixth successive weekly loss, the first such occurrence since 2014. The weakness in Bitcoin has pulled down the entire crypto markets whose market capitalization has dipped below $1.6 trillion. Pang-araw-araw na pagtingin sa data ng merkado sa merkado ng Crypto. Pinagmulan: Coin360 When the sentiment is bearish, traders sell on every negative news. The de-peg of Terras U. S. dollar stablecoin TerraUSD (UST) also appears to be increasing sell pressure across the crypto market. After Bitcoin‘s six consecutive weekly closes in the red, is it time for a recovery? Let’s study the charts of the top-5 cryptocurrencies that are showing signs of stabilizing in the near term. BTC / USDT Bitcoin turned down from the 20-day exponential moving average ($38,268) on May 5 and plummeted below the support line of the ascending chanel. This move also invalidated the positive divergence