Weekly Crypto Analysis – Bitcoin’s $43,750 Surge, Ethereum’s $2,000 Dip, Uniswap Drama.
Introduction
Bitcoin faces a pivotal moment with a weekly close near $43,750 as it recovers from a 20% slump. JPMorgan’s note on GBTC profit-taking sparks a potential 5% climb into an ascending channel...
Bitcoin fell 1.8% on Tuesday, ending the day around $37,700 and temporarily below a meaningful support line. Notably, it was a cryptocurrency selloff as stock indices developed gains. The demand for risk recovery has likely returned interest in cryptos that went into the green on Wednesday...
Technical Analysis- Asia Pacific stocks were mostly down on Monday morning. The Shanghai Composite is down 0.35% at 3,559.95. Overall, the Singapore MSCI is up 0.05% at 367.20. Over in Hong Kong, the Hang Seng Index down 0.45% at 25,203.00. In Japan, the Nikkei 225 is down 0.45% at 28,990.00...