• Latest
Bullish reversal?  Traders debate whether 37K BTC cost is a trend change

BTC price targets $35K bounce Amount on El Salvador legal tender Landmark

Juni 13, 2021
6 Questions for Rene Reinsberg of Celo – Cointelegraph Magazine

6 Questions for Rene Reinsberg of Celo – Cointelegraph Magazine

März 31, 2023
Judge denies SEC motion to keep Hinman docs secret in Ripple case

Judge denies SEC motion to keep Hinman docs secret in Ripple case

März 31, 2023
The ultimate guide to Miami – Cointelegraph Magazine

The ultimate guide to Miami – Cointelegraph Magazine

März 31, 2023
Dr. Jane Thomason – Cointelegraph Magazine

Dr. Jane Thomason – Cointelegraph Magazine

März 31, 2023
1658007797 celsius is bankrupt with 12b balance sheet hole su zhu.jpg

Celsius is bankrupt with $1.2B balance sheet hole, Su Zhu returns to Twitter and OpenSea purges 20% of employees: Hodler’s Digest, July 10-16

März 31, 2023
6 Questions for Lisa Fridman of Quadrata – Cointelegraph Magazine

6 Questions for Lisa Fridman of Quadrata – Cointelegraph Magazine

März 31, 2023
Jed McCaleb empties XRP wallet after eight-year selloff

Jed McCaleb empties XRP wallet after eight-year selloff

März 31, 2023
Celsius has finally filed for bankruptcy: Law Decoded, July 18-25

Celsius has finally filed for bankruptcy: Law Decoded, July 18-25

März 31, 2023
The ‘godfather of crypto’ risked lifetime in jail, laying foundation for Bitcoin – Cointelegraph Magazine

The ‘godfather of crypto’ risked lifetime in jail, laying foundation for Bitcoin – Cointelegraph Magazine

März 31, 2023
SEC objects to XRP holders aiding Ripple defense

SEC objects to XRP holders aiding Ripple defense

März 31, 2023
Blockchain technology is transforming the real estate market – Cointelegraph Magazine

Blockchain technology is transforming the real estate market – Cointelegraph Magazine

März 31, 2023
1658612147 nfts banned in minecraft sec lists 9 tokens as securities.jpg

NFTs banned in Minecraft, SEC lists 9 tokens as securities and 3AC founder blames cockyness for company meltdown: Hodler’s Digest, July 17-23

März 31, 2023
  • Home
  • Coin Market Cap
  • Bitcoin
  • Ethereum
  • Ripple
  • Litecoin
  • Alt Coin
  • Business
  • Trading
  • Mining
CoinNewsDaily
  • Home
  • Coin Market Cap
  • Bitcoin
  • Ethereum
  • Ripple
  • Litecoin
  • Alt Coin
  • Business
  • Trading
  • Mining
No Result
View All Result
  • Home
  • Coin Market Cap
  • Bitcoin
  • Ethereum
  • Ripple
  • Litecoin
  • Alt Coin
  • Business
  • Trading
  • Mining
No Result
View All Result
CoinNewsDaily
No Result
View All Result
Home Alt Coin

BTC price targets $35K bounce Amount on El Salvador legal tender Landmark

coinnewsdaily by coinnewsdaily
Juni 13, 2021
in Alt Coin, Bitcoin
0
Bullish reversal?  Traders debate whether 37K BTC cost is a trend change
190
SHARES
1.5k
VIEWS
Share on FacebookShare on Twitter

BTC (BTC) headed toward $35,000 on Wednesday, promoted by historic news that El Salvador had left it lawful tender.

Data from Cointelegraph Markets Pro and TradingView showed a swift uptick in BTC/USD on Wednesday as BTC saw its initial adoption move by an official state.

Related articles

StarCard Sports Games Launches “Legends” Initiative for New World Football Alliance; Partners with Ashley Cole and Roberto Carlos

StarCard Sports Games Launches “Legends” Initiative for New World Football Alliance; Partners with Ashley Cole and Roberto Carlos

Juli 29, 2022
Top 3 cryptocurrencies that are faring the best in the 2022 bear market

Top 3 cryptocurrencies that are faring the best in the 2022 bear market

Mai 24, 2022

The #BitcoinLaw has been accepted by a supermajority in the Salvadoran Congress.

62 from 84 votes!

History! #Btc

While some celebrated the conclusion by El Salvador’s parliament, traders stayed edgy. As Cointelegraph reported, expectations call for a short-term return to $35,000 prior to a change and deeper BTC price dip takes grip.

„BTC printing a greater low, expecting some more bounce today,“ popular dealer Crypto Ed outlined on Twitter.

„Not certain yet if bottom is in, will upgrade later today.“

A starker warning had come from dealer Crypto Cobra, who this week repeated forecasts of a substantial write-down across cryptocurrency. This, he said, could cost replicas 20%, meaning Bitcoin would target $25,000.

Crypto Ed nevertheless added that a declining United States dollar, which as recently as Monday was on the up, could yet create the conditions for a“miracle“ growth spurt at BTC.

„We all want to get a bullish BTC,“ he remarked on the latest readings in the U.S. dollar currency index (DXY).

„DXY breaking here and it will occur.“

Bitcoin/US Dollar FX Spot Rate, FX Spot Rate, COMPOSITE DISPLAY
U.S. dollar currency index 1-hour candle chart. Source: TradingView

Altcoins enjoy respite from losses

Meanwhile, the BTC’s renewed upward trajectory had a generally positive knock-on impact for altcoins.

A look at the very top 50 cryptocurrencies by market capitalization showed profits typically reaching 3 percent over the day, with a few exceptions down or up.

Ether (ETH) was above $2,500, yet like BTC, still over 5 percent lower versus its own position a week ago.

Tags: Bitcoin/US Dollar FX Spot RateCOMPOSITE DISPLAYdealerDXY US DOLLAR CURRENCY INDEXFX Spot RateTwitterUS Dollar
Share76Tweet48
Previous Post

A new milestone for Bitcoin, COVID hits conference, Buterin’s DOGE payday: Hodler’s Digest, June 6–12

Next Post

How the NFT market leveraged blockchain Technology for explosive growth

coinnewsdaily

coinnewsdaily

CoinNewsDaily.com is an online Crypto Coin News Website that aims to provide latest trendy news from market and around the world.

Related Posts

StarCard Sports Games Launches “Legends” Initiative for New World Football Alliance; Partners with Ashley Cole and Roberto Carlos
Alt Coin

StarCard Sports Games Launches “Legends” Initiative for New World Football Alliance; Partners with Ashley Cole and Roberto Carlos

Juli 29, 2022
Top 3 cryptocurrencies that are faring the best in the 2022 bear market
Alt Coin

Top 3 cryptocurrencies that are faring the best in the 2022 bear market

Mai 24, 2022
Monero enters ‘overbought’ danger zone after XMR price gains 75% in two weeks
Alt Coin

Monero enters ‚overbought‘ danger zone after XMR price gains 75% in two weeks

Mai 24, 2022
Price analysis 5/23: BTC, ETH, BNB, XRP, ADA, SOL, DOGE, DOT, AVAX, SHIB
Alt Coin

Price analysis 5/23: BTC, ETH, BNB, XRP, ADA, SOL, DOGE, DOT, AVAX, SHIB

Mai 23, 2022
arthur hayes to serve 2 year probation owning up to bitmex’s aml mishap
Alt Coin

Arthur Hayes to serve 2-year probation owning up to BitMEX’s AML mishap

Mai 23, 2022
Top 5 cryptocurrencies to watch this week: BTC, BNB, XMR, ETC, MANA
Alt Coin

Top 5 cryptocurrencies to watch this week: BTC, BNB, XMR, ETC, MANA

Mai 22, 2022
Load More
Next Post
How the NFT market leveraged blockchain Technology for explosive growth

How the NFT market leveraged blockchain Technology for explosive growth

Kategorien

  • Alt Coin
  • Bitcoin
  • Business
  • Ethereum
  • ICO
  • Litecoin
  • Mining
  • NFT
  • Ripple
  • Tech
  • Trading

What New here?

  • 6 Questions for Rene Reinsberg of Celo – Cointelegraph Magazine
  • Judge denies SEC motion to keep Hinman docs secret in Ripple case
  • The ultimate guide to Miami – Cointelegraph Magazine
  • About Us
  • Contact Us
  • Privacy & Policy

© 2018-2021 CoinNewsDaily.com by CoinNewsDaily Inc. Crafted with Love by iFtiDev

Please enter CoinMarketCap Free Api Key to get this plugin works.
✕
No Result
View All Result
  • Home
  • Coin Market Cap
  • Bitcoin
  • Ethereum
  • Ripple
  • Litecoin
  • Alt Coin
  • Business
  • Trading
  • Mining

© 2018-2021 CoinNewsDaily.com by CoinNewsDaily Inc. Crafted with Love by iFtiDev