Day: January 25, 2023

• Bitcoin surged past $23K on Tuesday, sparking concerns over its sustainability. • Bankless report suggests that “there are reasons to believe that this rally could have legs”. • The reasons pointed out in the report include increased institutional adoption, a decline in Bitcoin’s supply, and BTC’s correlation with the equity market. The Bitcoin rally […]
• Ripple (XRP) is aiming for higher price levels, with the momentum of the current uptrend looking promising. • The price must first surpass the crucial resistance level of $0.43 before further gains can be expected. • A breakout from the 200-day moving average is considered a substantial bullish sign in terms of price action […]