Bitcoin, Ethereum Technical Analysis: BTC, ETH Start Week Lower, Ahead of Key Economic Events – Market Updates Bitcoin News

  • 📰 BTCTN
  • ⏱ Reading Time:
  • 22 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 12%
  • Publisher: 51%

Nigeria News News

Nigeria Nigeria Latest News,Nigeria Nigeria Headlines

BTC, ETH retreat to support levels, ahead of key week of U.S. macro events.

) continued to trade lower on Monday, as markets remained in consolidation ahead of a pivotal week of economic events./USD slipped to an intraday low of $28,360.50 earlier today.

This move saw bitcoin briefly fall below a key support point at $28,500, hitting its lowest point since April 27 in the process.Overall, bitcoin remains nearly 4% higher than at the same point last week, when prices were close to the $27,000 mark. As a result of today’s sell-off, the relative strength index has dropped to a floor of its own at 50.00.rebounding from its earlier low, and currently trading at $28,591.66.

 

Thank you for your comment. Your comment will be published after being reviewed.
Please try again later.
We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:

 /  🏆 531. in NG

Nigeria Nigeria Latest News, Nigeria Nigeria Headlines