Bitcoin price retests key support as Fed rate hike fears steal $27K
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Bitcoin (BTC) traded back below $27,000 on May 19 as analysis flagged large-volume trades pressuring price. BTC/USD 1-day candle chart on Bitstamp. Source: TradingView Inflation specter haunts crypto markets Data from Cointelegraph Markets Pro and TradingView showed BTC/USD hitting lows of $26,380 on Bitstamp. A modest recovery then took the pair to a range familiar from several days prior, this still in focus prior to the week’s final Wall Street open. Downside overnight came courtesy of increasing market expectations of an interest rate hike by the United States Federal Reserve in June. These came thanks to low jobless claims data
The Blockchain Group continues to accumulate Bitcoin, reaching a total treasury of 1,471 BTC as of today. The company is listed on Euronext Growth Paris and is the first Bitcoin reserve company in Europe, and today it has just purchased an additional 624 BTC. The Blockchain Group: the first Bitcoin…
press release PRESS RELEASE. BTC Proxy, the Bitcoin Liquidity Protocol on Polygon, has entered right into a strategic partnership with Blockchain.com, one of many world’s largest crypto platforms and... [[ This is a content summary only. Visit my website for full links, other content, and more! ]] Go to Source…
On-Chain Bitcoin (BTC) Volume on Blockchain.com Surpassed $378B Last Year, 18 New Digital Assets Listed in Crowdfund Insider Source link The post On-Chain Bitcoin (BTC) Volume on Blockchain.com... [[ This is a content summary only. Visit my website for full links, other content, and more! ]] Go to Source Author: NixCoin