Bitcoin, Ethereum Technical Analysis: BTC Consolidates as Markets Prepare for 0.75% Rate Hike – Market Updates Bitcoin News

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BTC, ETH move lower, as market uncertainty heightens.

) was trading below a key resistance level on Tuesday, ahead of tomorrow’s Federal Open Market Committee meeting./USD slipped to a low of $20,287.46 earlier today.

Market uncertainty has spiked in anticipation of the FOMC meeting, with many expecting the Fed to increase rates by 0.75%.As can be seen from the chart, price volatility also comes following a failed surge in price strength, with the relative strength index recently failing to break a ceiling of its own.

The threat of a rate hike has boosted U.S. dollar strength, which appears to be one of the factors behind today’s consolidation.EthereumFollowing a peak of $1,630.45 to start the week, the world’s second largest cryptocurrency moved to a low of $1,555.92 today.

 

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Bitcoin, Ethereum Technical Analysis: ETH Above $1,600 as Markets Begin to Anticipate Fed Rate Decision – Market Updates Bitcoin NewsEthereum was trading above $1,600 on Monday, as markets prepared for the latest U.S. Federal Reserve policy meeting. ChiefraFba gives the most accurate signals and analysis in my experience OMNIVR collaborate with KUNCI Group as the leading Metaverse developer in Indonesia, with Kunci, OMNIVR is planning to grow its market \r& move Virtual Reality technology into mass adoption KUNCIQOINPAY KUNCICOMEDY KUNCINFTMUSIC KUNCIARMY KUNCICOIN I think, It will drop in 2nd November. If result negative
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