Bitcoin Ethereum News Technical Analysis

Bitcoin, Ethereum Technical Analysis: BTC, ETH Extend Gains Following US Inflation Report

Coins Legend February 15, 2023 0

Bitcoin traded above $22,000 on Feb. 15, as markets continue to react to the latest U.S. inflation report. The consumer price index rose 0.5% in January, following a gain of 0.1% the month prior. Overall, the annual rate of inflation came in at 6.4%, which, although lower than December’s sum of

Bitcoin Ethereum News Technical Analysis

Bitcoin, Ethereum Technical Analysis: BTC Edges Closer to $22,000 Ahead of US Inflation Report

Coins Legend February 14, 2023 0

Bitcoin rebounded in Tuesday’s session, as markets prepared for this afternoon’s U.S. inflation report. It is expected that the annual rate of inflation in the United States dropped to 6.2% in January, down 0.3% from the month prior. Ethereum also rallied, climbing back above $1,500. Bitcoin Bitcoin (BTC) rebounded from recent losses in today’s session, […]

Bitcoin Ethereum News Technical Analysis

Bitcoin, Ethereum Technical Analysis: ETH Hits 1-Month Low, Falling Under $1,500

Coins Legend February 13, 2023 0

Ethereum started the week trading below $1,500, as it was reported that Paxos will no longer mint BUSD. This has led to a depegging of the stablecoin, and comes ahead of the upcoming U.S. inflation report, which is also adding to today’s volatility. Bitcoin edged lower on Feb. 13, as prices remain near a three-and-a-half-week […]

Bitcoin Ethereum News Technical Analysis

Bitcoin, Ethereum Technical Analysis: ETH Nears $1,500 Level to Start the Weekend

Coins Legend February 11, 2023 0

Ethereum neared a breakout below $1,500 to start the weekend, pushing prices closer to a one-month low. Overall sentiment remained mostly bearish, with the global cryptocurrency market cap trading 0.96% lower, as of writing. Bitcoin also edged lower, with prices remaining below $22,000. Bitcoin Bitcoin (BTC) continued its downward descent on Saturday, as prices continued