Article By RoboForex.com
After several failed attempts, the BTC is trying to rise once again. As a result, major crypto has been “in the red” for seven consecutive trading sessions, and here’s another attempt to correct that. On Friday, the BTC is looking rather neutral and trading at $23,244.
The struggle between bulls and bears continues as they keep the BTC inside the range of $22,500-$23,500. Nothing will change here until the price breaks either border of the range.
The “greenback” behaviour helps the BTC one day and upsets it the next day. When the USD gets weaker, the BTC goes up, just like today. However, local upward movements in the American currency brought the BTC’s feeble attempts to rise to naught.
Franck Muller accepts payments in BNB
Swiss company Franck Muller, which is involved in selling watches, started accepting payments for its goods in crypto, BNB in particular. Earlier, an auction was completed on the Binance NFT trading platform. The fact that the crypto can be used in real life is good for its price.
ZB was hacked
Crypto exchange ZB was hacked and lost $4.7 million worth cryptocurrency. Daily trading volume at the exchange is estimated at $1.1 billion; it ranks 47th on the list of crypto platforms.
Free Reports:
Get our Weekly Commitment of Traders Reports - See where the biggest traders (Hedge Funds and Commercial Hedgers) are positioned in the futures markets on a weekly basis.
Download Our Metatrader 4 Indicators – Put Our Free MetaTrader 4 Custom Indicators on your charts when you join our Weekly Newsletter
Nomad Bridge managed to get crypto back
Hackers returned $9 million in cryptocurrency they stole after hacking Nomad bridge. They sent it back to a special wallet created for these purposes. Some part of this money came from popular ENS addresses. We remind you that Nomad Bridge was hacked on 1 August.
Article By RoboForex.com
Attention!
Forecasts presented in this section only reflect the author’s private opinion and should not be considered as guidance for trading. RoboForex LP bears no responsibility for trading results based on trading recommendations described in these analytical reviews.
- The Dollar Index strengthened on Powell’s comments. The Bank of Mexico cut the rate to 10.25% Nov 15, 2024
- EURUSD Faces Decline as Fed Signals Firm Stance Nov 15, 2024
- Gold Falls for the Fifth Consecutive Trading Session Nov 14, 2024
- Profit-taking is observed on stock indices. The data on wages in Australia haven’t met expectations Nov 13, 2024
- USD/JPY at a Three-Month Peak: No One Opposes the US Dollar Nov 13, 2024
- Can Chinese Tech earnings offer relief for Chinese stock indexes? Nov 13, 2024
- Bitcoin hits an all-time high above $88,000. Oil remains under pressure Nov 12, 2024
- Brent Crude Stumbles as Market Sentiments Turn Cautious Nov 12, 2024
- Bitcoin hits new record high just shy of $82,000! Nov 11, 2024
- The Dow Jones broke the 44 000 mark, and the S&P 500 topped 6 000 for the first time. The deflationary scenario continues in China Nov 11, 2024