Market Update News

SHIB’s 30% gain initiates a bullish reversal pattern and rumors of a major exchange listing and other developments have investors playing catch with the canine-themed meme coin.

Traders say “stay calm” but also expect further whipsaws in BTC price until $46,500 flips to support and marks a higher time frame trend reversal.

CREAM, ETN and RGT flashed green even as BTC price saw a sharp rejection at $44,000 that sent its price back into the $42,000 range.

Analysts say Bitcoin’s strong rejection at $44,000 is further proof that derivatives markets play a significant role in the asset’s price dynamics.

3 key Bitcoin price indicators suggest that the $40,000 level will hold as support throughout 2022.

ANY, KP3R and WEMIX lead Jan. 12’s altcoin charge after BTC price broke out of range higher with a surge to $44,000.

Even with the abrupt surge to $42.3K, traders warn that Bitcoin and altcoins are still in for "real pain" if the current macro perspectives remain the same.

BTC’s abrupt drop to $39,650 came after the Federal Reserve floated the prospect of a fourth rate hike in 2022.

Bitcoin's drop in the first ten days of 2022 is still less disappointing than some of its top crypto rivals that have fallen much harder.

The warning appears against the Fed’s intention to tighten its asset-purchasing program rapidly, followed by three rate hikes in 2022.

While recent bearish crossovers between Bitcoin‘s 50-day and 200-day exponential moving averages failed to push prices lower, this time could be different.

IRIS, SCRT and AKT are among the Cosmos ecosystem assets that turned bullish in anticipation of Ethereum interoperability via Evmos.

BTC’s drop to $42,230 sent a key sentiment indicator to an “extreme” low, but top traders are confident that a bounce off $38,000 would confirm the bottom.

Bitcoin price slipped below $44,000 shortly after notes from the Federal Reserve’s December FOMC session re-confirmed plans to get the balance sheet under control.

The token now grapples with a notorious multi-month resistance trendline.