Polkadot's recovery hit a range-low and could falter unless Bitcoin traverses this path.
was above its range-low but hadn’t crossed the mid-range of $27k ahead of the FOMC Meeting on 20 September. With a Fed rate pause on the cards, BTC could reclaim the $27k and attempt to target the range-high of $28.3k.The recent dip saw bulls re-group at $3.9, fronting an impressive recovery from 12 September. However, the price action hit the range-low of $4.2 at press time.
On the other hand, the CMF improved too but failed to cross the zero mark at press time. It demonstrated that capital inflows improved, but weren’t substantial enough.
Philippines Latest News, Philippines Headlines
Similar News:You can also read news stories similar to this one that we have collected from other news sources.
Will Polkadot’s liquid staking revive interest in DOT?Polkadot ventures into liquid staking. However, the overall reward rate for DOT stakers continues to decline. The price of DOT falls, along with development activity.
Read more »
Despite DOT’s rally, Polkadot faces roadblockPolkaWorld’s proposal to seek operation costs gets rejected. DOT, however, rallies in the last 24 hours.
Read more »
How Bitcoin’s market dominance signals good news for investorsDespite price fluctuations, Bitcoin's market dominance has surged to 50%, overshadowing altcoins and reshaping the crypto landscape.
Read more »
Bitcoin price rallies to $26,875 as bulls eye $27,500Crypto traders welcomed the second day of rising prices on Thursday as Bitcoin climbed to a high of $26,875, but analysts warn it could soon revert lower.
Read more »
Bitcoin Is Recoupling With Tech Stocks to the Delight of Crypto DevoteesWhat’s good for equity investors appears to be beneficial again for cryptocurrency enthusiasts, with Bitcoin rebuilding its correlation with technology stocks.
Read more »
Cathie Wood, Boaz Weinstein Among Winners From Bitcoin Fund BetA host of Wall Street funds have minted profits riding the recent crypto fever after Grayscale Investments LLC snagged a big win over America’s top financial watchdog in its bid to create a US Bitcoin ETF.
Read more »