Bitcoin: Why Veteran Investors Overlook the $68K Halt as Short-Term Holders Become Anxious

News

Understanding Bitcoin Market Dynamics: The Divide Between Short-Term and Long-Term Holders In the ever-evolving landscape of cryptocurrency, Bitcoin remains a focal point of discussion, especially among investors. As of now, Bitcoin is trading at approximately $68,200, maintaining a strong support level around $64,000 while contending with resistance close to $71,000.…

FOMC Minutes Indicate Fed Still Open to Additional Rate Cuts If Inflation Eases

Bitcoin

FOMC Minutes Reveal the Fed’s Rate Cut Stance and Its Impact on Bitcoin The recent FOMC minutes indicate a nuanced stance from the Federal Reserve, suggesting a strong inclination towards potential rate cuts if inflation trends downwards toward the targeted 2%. However, a significant faction of Fed officials expressed a…

Why Isn’t the Price of Shiba Inu Increasing?

NFTs

Shiba Inu Price Struggles: Navigating the Current Market Landscape The Shiba Inu (SHIB) cryptocurrency is encountering significant challenges as its price struggles to gain momentum, presently confined below the $0.000006476 mark. After a recent consolidation phase, the token is facing persistent resistance that has contributed to a 1.82% decline in…