Latest from Damanick Dantes
First Mover Asia: Bitcoin, Ether Tumble Ahead of Federal Reserve Meeting
An expected interest rate hike could spook investors away from higher-risk assets; the top 20 altcoins by market capitalization were firmly in the red.
Market Wrap: Altcoins Underperform as Bitcoin Dips Below $48K
Bullish sentiment continues to fade ahead of tomorrow’s U.S. Federal Reserve meeting.
Bitcoin Drifts Lower, Risks Testing $40K Support
A breakdown could damage the intermediate-term trend despite oversold signals.
First Mover Asia: Bitcoin Bounces Above $50K Amid Light Weekend Trading, Altcoins Kick Higher
Ether climbs back above $4,100 but the direction of crypto markets at the start of the week remains uncertain.
First Mover Asia: Bitcoin Falls Below $49K as Trading Volume Weakens, Altcoins See Red
Bitcoin’s drop-off coincides with a strengthening U.S. dollar; ether declines.
Market Wrap: Bitcoin Dips as China’s Evergrande Defaults, Altcoin Outperformance Could Fade
Investors could start to rotate into bitcoin, indicating lower appetite for risk.
Bitcoin Drops Below $50K, Support Between $43K-$45K
Buying activity remains weak, which reduces the chance of a significant price increase into January.
First Mover Asia: Bitcoin Holds Steady as Crypto CEOs Testify, Ether Climbs
CEOs from six major crypto firms spoke before the U.S. House Financial Services Committee; stocks rose amid fading Omicron concerns.
Bitcoin Rangebound Above $46K Support, Resistance at $55K
Selling pressure could slow into the Asia trading day as indicators appear oversold.
Market Wrap: Cryptocurrencies Stabilize as Some Traders Buy the Dip
The bitcoin Fear & Greed index is at the lowest level since late July, which preceded a price recovery.
