Bitcoin Holds $26,500
Aug, 2023

Bitcoin Holds $26,500

After breaking the $30,000 resistance point, Bitcoin started to fall, showing weakness to move to further higher levels.


The FED meeting for August will be held in the next days, giving new boost to cryptos as a new stable move towards rates hike will be announced from it.


Under this waiting, Bitcoin reached $26,500, reaching 2 % in daily returns. In parallel, Ethereum surged 3 % in $1,620 while Binance Coin (BNB) pointed at 4 %, along with other coins.


The trials for $30,000 will be continued in the next periods, giving more and more boost in the crypto market.


The only sure thing is that stocks and cryptos has been placed on the same side of the market and every move from the Central Banks has a direct impact on their prices…….


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