Bitcoin Reclaims $36,000 amid Global Markets’ Re-Risking; What’s Next?
Bitcoin advanced Tuesday after falling 8.5 percent in the previous session, displaying bullish continuation signs amid global re-risking sentiment.
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Bitcoin prices reclaimed $30,000, a psychological support level, hours after slipping below it during the New York session Wednesday.
Bitcoin prices jumped during the European trading session on Monday even though traders assessed the potential of its massive declines against a stronger US dollar. The flagship cryptocurrency topped at $31,935, up 5 percent ahead of the New York opening bell. Traders flocked back into the BTC/USD markets after the pair breached $30,000-support on Wednesday. […]
Bitcoin is trading above the $90,000 mark again, signaling renewed strength as bulls gain momentum despite persistent global uncertainty. The broader market remains on edge amid rising tensions between the US and China, coupled with lingering concerns over inflation and economic slowdown. However, optimism around Bitcoin continues to grow, with several analysts suggesting the possibility […]
South Korea’s government has reportedly missed the deadline to submit its highly anticipated stablecoin legislation, risking a delay of the second phase of the country’s regulatory efforts to align with global standards and foster innovation. Related Reading: Chainlink and Mastercard Join Swapper Finance To Bring Direct Deposits To 3.5B Users FSC Misses Key Deadline Amid […]
Ethereum is showing notable relative strength as it reclaims the $3,150 level and attempts to push higher, signaling early signs of recovery after weeks dominated by heavy selling pressure, fear, and uncertainty. The broader market rebound has helped restore confidence, but ETH’s ability to outperform key altcoins highlights growing demand and improved sentiment around the […]