Home Bitcoin News Bitcoin Slips Under $42K While Active Supply Reaches Yearly High – CoinDesk

Bitcoin Slips Under $42K While Active Supply Reaches Yearly High – CoinDesk

by admin
Bitcoin Slips Under $42K While Active Supply Reaches Yearly High – CoinDesk


“The momentum of pressure on the crypto market was due to the decline in stock indices, as the Fed gave signals of tightening policy,” Kuptsikevich said. “Technical factors also contributed to the negative dynamics – the inability to overcome the strong resistance of the 100-day moving average and mid-February highs around $45,000.”

Adblock test (Why?)

Source link

Related Articles

Leave a Comment

This website uses cookies to improve your experience. We'll assume you're ok with this, but you can opt-out if you wish. Accept Read More