Market Watch: Despite Price Dip to Weekly Low, Bitcoin Consolidation Range Continues

Bitcoin briefly slumped to a weekly low beneath $38,000 but reclaimed all lost ground and returned to a familiar level of around $39,000. The altcoins are slightly in the red today, with a few exceptions, such as Terra.In the middle of last week, bitcoin initiated a surprising leg up after Biden’s executive order on cryptocurrency regulations andto nearly $43,000. However, this trip north was short-lived, and the bears came back to the scene.

In the following hours, BTC lost more than $3,000 and dropped to $39,000. Since then, the asset has remainedThe latest example came hours ago when the primary cryptocurrency fell by $1,500 to its lowest price position since March 7 at $37,500. Nevertheless, it bounced off and now stands around $39,000 once again, after Tesla’s CEO Elon MuskAs such, bitcoin’s market capitalization has remained just under $750 billion.This is all you need not to miss any price action in the raging crypto markets.

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Bitcoin, Ethereum Technical Analysis: ETH Remains Close to Support of $2,550 to Start the Weekend – Market Updates Bitcoin NewsEthereum was once again trading close to its support of $2,550 on Saturday, as crypto markets continue to consolidate. We are happy to announce that PayBolt is one of the top 30 companies that have completed the KYC processed audit with Certik CertiKTech This will add more legitimacy to the business and build more trust among the investors. PaymentGateway Eth has been moving forward.
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