Bitcoin held steadily above $21K, although analysts were pessimistic that its recent rally would last. JimmyHe32 reports
After a weekend where bitcoin saw $7.3 billion in realized losses, the largest cryptocurrency erased all weekend losses and was recently up nearly 7% in the last 24 hours to $21,206.
Despite small recoveries in traditional markets following the Juneteenth holiday market closures on Monday, Craig Erlam, a senior market analyst for Oanda, advises against becoming too comfortable with market gains.
South Africa Latest News, South Africa Headlines
Similar News:You can also read news stories similar to this one that we have collected from other news sources.
Bitcoin Spikes to 4-Days High, SOL, AVAX, DOT, and MATIC Soar Double-Digits (Market Watch)The crypto markets are in the green once again, with several altcoins registering notable double-digit gains. BTC stands above $21K.
Read more »
Bitcoin Bounces Back Above $20,000, Ethereum Exceeds $1,000The top two coins by market cap had suffered seven-day losses of 34% and 36%, respectively, heading into Sunday.
Read more »
Global Stocks Gain Ground; Crypto SteadiesInternational equities broadly rose in the absence of fresh news about inflation and interest rates, while U.S. markets were closed for a public holiday.
Read more »
Bitcoin, Ethereum Technical Analysis: BTC Back Above $20,000 as Cryptos Rebound – Market Updates Bitcoin NewsFollowing a turbulent weekend trading below $20,000, bitcoin rallied by over 10% on Monday to recapture this level.
Read more »
USD/JPY faces extra gains above 136.00 – UOBThe bullish bias in USD/JPY remains well in place and faces further advance once 136.00 is cleared, according to FX Strategists at UOB Group Lee Sue A
Read more »
BTC Taps $20K, ETH Soars 16% Daily and Reclaims $1K (Market Watch)The crypto markets have finally seen some relief, with bitcoin jumping above $20,000 and ether reclaiming $1,000.
Read more »