) was back above $20,000 during today’s session, as crypto bulls pushed prices to a multi-week high while the U.S. dollar lost strength./USD raced to an intraday high of $20,702.72 on Wednesday.
Today’s move sees the world’s largest cryptocurrency hit its strongest point since September 13, when prices were close to $23,000.Looking at the chart, Wednesday’s surge comes as bullish pressure was finally able to intensify, moving beyond the resistance of $19,600 in the process. The 14-day relative strength index also moved higher, breaking out of a ceiling of 53.00, on its way to a current reading of 63.75.Ethereum
Crypto on average was up everywhere. I was wondering what was causing this huge buying spree. It's strange because ALL coins were up.
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despite the fact that the DXY is declining, I continue to hold $usdt
Good that I have USDT to buy ETH and BTC
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USD moves up if BTC falls, and vice versa.
Speaking of Ethereum, HocusPocusERC will having a Fair Launch on October 30th under VitalikButerin Blockchain Network. Don't miss this out!
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