Price Analysis
Bitcoin (BTC) is attempting to stage a relief rally but analysts at JPMorgan Chase believe that the short-term setup looks challenging. However, the analysts also pointed out that the crypto markets had started a healing process.
A sign of this healing process was seen when the crypto markets did not react negatively to the news that the United Kingdom’s Financial Conduct Authority banned Binance Markets Limited from undertaking “any regulated activity in the UK.”
Daily cryptocurrency market performance. Source:
When a market reacts negatively to bad news, it is a sign that weaker hands are panicking and dumping their positions. On the other hand, a muted reaction to negative news indicates that investors are not falling prey to FUD, which is a sign of strength.
Bitcoin price – live: Crypto recovery feels very 2013 , leading analyst says
msn.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from msn.com Daily Mail and Mail on Sunday newspapers.
Cardano is no ghost chain - CityAM : CityAM
cityam.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from cityam.com Daily Mail and Mail on Sunday newspapers.
بيتكوين تسجل ارتفاعًا بعد تغريدة ملياردير مكسيكي عن تشريعها في البلاد
cnn.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from cnn.com Daily Mail and Mail on Sunday newspapers.