简体中文
繁體中文
English
Pусский
日本語
ภาษาไทย
Tiếng Việt
Bahasa Indonesia
Español
हिन्दी
Filippiiniläinen
Français
Deutsch
Português
Türkçe
한국어
العربية
The Price Alarm Is Lit by The Momentum Gauge as Bitcoin Keeps Falling
Abstract：Due to a period of risk aversion in global markets brought on by concerns over the Federal Reserve's tightening monetary policy, Bitcoin managed to avoid a 9% decline over the previous four days.
At 7:40 a.m. on Monday in London, the biggest cryptocurrency was barely changed at $21,330. Smaller coins like Avalanche and Cardano retreated, as did ether.
Because of the Fed's intention to continue rising interest rates and draining liquidity, confidence in the global equities recovery from June's bear-market lows is beginning to wane. Due to the negative performance of US equities futures on Monday, the pressure on cryptocurrency remained high.
According to Jamie Douglas Coutts, senior market structure analyst at Bloomberg Intelligence, Bitcoin's fortunes “remain to be tied to the wagon of other long-duration growth assets such as technology equities, at least in the short to medium term.”
The moving average convergence divergence (MACD), an indicator, also flashed a red alert. Some technical experts view the MACD's bearish shift as a hint that pressure may continue to build on Bitcoin.
Disclaimer:
The views in this article only represent the author's personal views, and do not constitute investment advice on this platform. This platform does not guarantee the accuracy, completeness and timeliness of the information in the article, and will not be liable for any loss caused by the use of or reliance on the information in the article.
Read more
Which Zodiac Sign Makes the Best Trader?
It’s often said that when money is at stake, the true nature of human character—both its brilliance and darkness—is revealed. Trading is one such arena where greed, hesitation, courage, and decisiveness come into play. Successful trading requires more than fundamental and technical analysis skills; a deep understanding of one’s personality is equally crucial. Different zodiac signs exhibit unique personality traits—can these traits influence investment returns? Keep reading to find out which zodiac sign makes the best trader!
Why Are 50,000 Traders Returning to Hong Kong Markets?
Know why 50,000 retail traders reactivated in Hong Kong. Learn how AI tools, mobile apps, and global strategies drive this market revival and investor growth.
Why Copy Trading is Perfect for New Investors
Learn why copy trading is ideal for new investors. Follow expert traders, minimize risks, and start earning confidently—no prior expertise is required.
Forex Price Trend Prediction! | Come be a New Year Price Winner!
Become a New Year Price Winner by predicting the fluctuations of Forex!
WikiFX Broker
Latest News
IG Japan Extends US Stock CFD Trading Hours in 2025
WikiFXALERT! Warning against Livaxxen
WikiFXWhich Zodiac Sign Makes the Best Trader?
WikiFXPlus500 Collaborates with Topstep, Prop firm
WikiFXRobinhood Launches Crypto Trading Services in Spain
WikiFXArchax Secures FCA Approval to Oversee Crypto Promotions in the UK
WikiFXCLS Global Admits to Crypto Fraud
WikiFXPhilippine SEC Urges Caution Regarding Ecomamoni
WikiFXBecome Women Brand Ambassador of Yamarkets
WikiFXVanguard Settles $106M SEC Case Over Misleading Investors
WikiFXCurrency Calculator
