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StrategyB sold only 32 BTC, and the new Federal Reserve Chair made his first remarks ahead of the FOMC meeting and the NFP report.
BTC dropped to $59K, ETH fell to $1K, the crypto market index declined by 13%, BTC dominance stands at 58%, and ETH dominance at 9%.
If this trend continues, our forecast of BTC revisiting the $48K and even $38K zones before finding a solid base for another upward move may eventually come true.
What other news or developments do you know of that may have contributed to the cryptocurrency market decline while strengthening the U.S. dollar?
StrategyB sold only 32 BTC, and the new Federal Reserve Chair made his first remarks ahead of the FOMC meeting and the NFP report.
BTC dropped to $59K, ETH fell to $1K, the crypto market index declined by 13%, BTC dominance stands at 58%, and ETH dominance at 9%.
If this trend continues, our forecast of BTC revisiting the $48K and even $38K zones before finding a solid base for another upward move may eventually come true.
What other news or developments do you know of that may have contributed to the cryptocurrency market decline while strengthening the U.S. dollar?
