Bitcoin’s Key Metric Points To Crucial Support Levels In Case Of A Pullback | TheSpuzz

Bitcoin’s Key Metric Points To Crucial Support Levels In Case Of A Pullback | TheSpuzz

Source: Bitcoinist With shifting market dynamics, Bitcoin has moved into positive territory as prices sights key resistance levels. However, due to the volatile nature of crypto assets, the flagship asset’s recent uptrend might experience a brief drawback before resuming its upward direction. Support Areas For Bitcoin Amid Potential Trend Reversal Cryptocurrency assets are known for…

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Yields move sideways ahead of long weekend

Yields move sideways ahead of long weekend

Source: Live Mint (Corrects day of week to Wednesday in paragraph 9, from Thursday) U.S. Treasury yields mixed amid market calm Fed officials see no immediate rate change amid uncertainty Trump criticizes Powell, calls for interest rate cuts Japan and China increase Treasury holdings in February NEW YORK, April 17 (Reuters) – The yield on…

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Ethereum L2 development is ‘double-edged sword’ for ETH value

Ethereum L2 development is ‘double-edged sword’ for ETH value

Source: Coin Tegraph Ethereum’s push toward layer-2 (L2) blockchain scalability may be a double-edged sword for Ether, potentially weakening the value accrual of the world’s second-largest cryptocurrency, according to a new report from Binance Research. The report suggests that Ethereum’s L2 blockchain networks — built to improve mainnet scalability and lower transaction costs — may…

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Bitcoin shy of record high after crossing ,000 as Trump’s election win falters | Stock Market News

Bitcoin shy of record high after crossing $70,000 as Trump’s election win falters | Stock Market News

Source: Live Mint (Bloomberg) — Bitcoin’s push toward a record high is fizzling as pro-crypto Republican nominee Donald Trump’s election odds drop in betting markets. The biggest digital asset traded around $70,000 after sliding 4% — the most in a month — a day earlier. The retreat comes alongside a narrowing of Trump’s lead over…

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