BTC / USD well positioned to break above the $ 15,000 level. Formation of a possible bullish flag on the daily chart. The overbought RSI warrants a pullback before the uptrend resumes. He Bitcoin (BTC/USD) It is positive again above the $ 13,000 level on Monday, reversing a temporary setback observed on Sunday. The number […]
Tag: Bitcoin
BTC / USD Faces Possible Pullback Before Final Push Toward $ 20,000 Level
BTC / USD is trading at $ 12,947 after a colossal rally towards $ 13,250. It seems that nothing stops Bitcoin. However, some indicators have turned bearish. Bitcoin has again surpassed 60% of the market dominance and has risen above the $ 13,000 level for the first time since June 2019. In the last week […]
Cryptocurrencies: CBDC can complement the existing monetary system
Speaking about the potential of CBDC, the chairman of the US Federal Reserve, Jerome Powell, has explained that the state-issued digital currency will complement, but not replace, the existing fiat currency system.. The Fed governor emphasized that the US has a stable and mature financial system with a significant part of the population having access […]
S&P 500 rises to record high after news the US will remove currency manipulator tag from China
Stocks closed higher on Monday, resuming the rally that started last week amid news the U.S. will remove China from a list of currency manipulating countries, increasing optimism ahead of the signing of a key trade agreement. The S&P 500 gained 0.7% to close at 3,288.13, hitting a record high. The Nasdaq Composite also notched an all-time […]
