Market Wrap: Bitcoin Trades Higher Amid Muted Expectations for Next Inflation Reading

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MARKET WRAP: Crypto investors kept $BTC in the narrow range it has been occupying for weeks, as Thursday’s Consumer Price Index release approaches. GWilliamsJr_CMT and _jocelynyang_ report

The two bellwethers within the crypto landscape traded higher on Wednesday as bitcoin and ether rose 0.42% and 1.34%, respectively.trading volume continues to fall below its 20-day moving average, highlighting a decline in activity. The trend also indicates that markets will continue to trade in a range for the foreseeable future. BTC began the 13:00 UTC hour testing $19,150 before reverting to its current level.

Oil prices are likely to increase following OPEC’s decision last week to reduce oil production. A rift between the U.S. and Saudi Arabia could create additional ripples in energy markets.

 

ขอบคุณสำหรับความคิดเห็นของคุณ ความคิดเห็นของคุณจะถูกเผยแพร่หลังจากได้รับการตรวจสอบแล้ว

GWilliamsJr_CMT _jocelynyang_ It was a great time to accumulate. I spent as much usdt as I could to buy bitcoin

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GWilliamsJr_CMT _jocelynyang_ Why you not talking about this!

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เราได้สรุปข่าวนี้มาให้อ่านอย่างรวดเร็ว หากสนใจข่าว สามารถอ่านฉบับเต็มได้ที่นี่ อ่านเพิ่มเติม:

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Bitcoin, Ethereum Technical Analysis: BTC, ETH Move Higher Ahead of US Inflation Report – Market Updates Bitcoin NewsBitcoin was trading marginally higher on Wednesday, as markets prepared for the upcoming U.S. inflation report. 开空了 The funny thing about Bitcoin is that it is here to stay. It won't just go away like a fad. It is here almost forever. Although, I tried to HODL but made more money when I wasn’t. Realized there are better strategies than just HODLing. Send a dm to know these strategies 'Oh, the Irony! Markets are in a way celebrating a sub 8 inflation in the US. Believe it or not. High Inflation is here to stay. Market has started adjusting for it'
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Market Wrap: Bitcoin Trades Flat Ahead of Inflation ReportMARKET WRAP: $BTC stays below $20K for the time being. Trading volumes are quiet ahead of the next inflation report later this week. GWilliamsJr_CMT and _jocelynyang_ report GWilliamsJr_CMT _jocelynyang_
แหล่ง: CoinDesk - 🏆 291. / 63 อ่านเพิ่มเติม »

Bitcoin's Calm Amid Soaring Bond Market Volatility Points to 'HODLer'-Dominated Crypto MarketBitcoin's 90-day realized volatility has dropped to lowest since December 2020, defying long-standing criticism that cryptocurrencies are more volatile than traditional market assets. godbole17 $TSUKA remains unfazed by bond market volatility as most short-term macro investors exited the market early this year. 👀🐉🔥 JoinTheSangha LFG godbole17 🚀Thankss a millon godbole17 $tsuka has proven to be the ONLY hedge against inflation and crypto in general, since its inception on may 26th this year it's hovering above 100M mcap right now
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