Price analysis 6/5: SPX, DXY, BTC, ETH, BNB, XRP, ADA, DOGE, SOL, MATIC
Bitcoin and several altcoins took a beating on reports that the SEC filed a suit against Binance in U.S. district court.
Bitcoin and several altcoins took a beating on reports that the SEC filed a suit against Binance in U.S. district court.
Bitcoin and most major altcoins are witnessing subdued price action, indicating a lack of buying interest from the larger players.
Bitcoin and most major altcoins are struggling to hold on to their higher levels, indicating that the bears have not given up yet.
The recovery in the U.S. stock market seems to have acted as a catalyst for the relief rally in Bitcoin and select altcoins.
Bitcoin and altcoin prices continue to slump, but potential progress on the debt ceiling discussion could possibly produce a price reversal.
The recovery in Bitcoin and most major altcoins halted near respective overhead resistance levels, indicating that the bears are active at higher levels.
Bitcoin and most major altcoins are selling-off on rallies, proof that investor sentiment remains negative in the short-term.
The debt ceiling talks remain in focus and are likely to dictate the price action in the S&P 500, DXY and cryptocurrency markets in the near term.
Bitcoin and most major altcoins are slumping, but the charts suggest that a recovery could be around the corner.
Bitcoin and select cryptocurrencies are trying to start a rebound following the CPI data release but bulls may find it difficult to continue the recovery at higher levels.