Bitcoin Weekly Forecast: Can BTC rally before the next Fed meeting?
Bitcoin price seems to be reacting extremely well to the Fed’s decision to raise interest rates. A part of this connection can be attributed to the high correlation with the stock market. Additionally, high-impact macroeconomic news which affects the traditional markets is also having a noticeable impact on BTC.
TRON Price Prediction: TRX buyers hold off the bears but not for long
TRON price is in a multi-year pattern with serious bearish implications. This pessimistic outlook, however, is not written in stone and could change if buyers come in at the right time.
Ethereum price action grinds lower as bearish triangle remains in play
Ethereum price action barely slipped 2% on Wednesday as the weekly performance of the second biggest cryptocurrency turned negative. Tail risks inflated quite rapidly on the back of turmoil in the UK government whilst its economy flirted with collapse. A campaign of massive continuous bombings by Russia in Ukraine didn’t help either. With these elements still highlighted the mood remains risk-off, triggering a cash exodus out of cryptocurrencies.
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Bitcoin price falls amidst German government transfers, miners activity
Bitcoin (BTC) extends correction on Wednesday and hovers around $61,000 after finding resistance near the $64,000 level on Monday. Recent on-chain data indicates heightened selling activity from Bitcoin miners early in the week.
Crypto Today: Bitcoin erases gains from end of June, Ethereum declines while Ripple holds
Bitcoin wipes out gains from the last week of June and falls below $60,000 on Wednesday. Ethereum and top altcoins ranked by market capitalization erased gains as the inflation outlook worsened. Ripple holds on to recent gains and hovers above $0.48 on Wednesday.
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