The cryptocurrency markets responded positively yesterday to news from the Federal Reserve, but the market has pulled back a bit since then. Bitcoin prices still need to break through the resistance levels of $17,000 and $17,250 before continuing the recent upward trend.
In other news, the US dollar has started to cool off following its record-breaking run earlier this year, opening up the potential for investors to look towards cryptocurrencies as an alternative place to invest or store value. CFTC Chair Rostin Behnam also recently discussed the need for regulations in the crypto industry, particularly regarding the classification of digital assets as commodities or securities. How this will impact the markets remains to be seen.
As always, investors should remain vigilant and do their research before investing in such a volatile market. Some coins investors may consider today based on strong technical and fundamental analysis include D2T, GMX, TARO, FTM, and LBLOCK.
Dash 2 Trade is a social and market data-driven trading information platform that may be a great crypto investment opportunity for anyone looking to buy a solid coin before its official launch on exchanges. With the presale ending soon, now is the perfect time to buy D2T tokens at their lowest price and enjoy potential profits once they are listed on the LBank and BitMart exchanges early next year.
Dash 2 Trade's features include trading signals, social sentiment metrics, and strategy-building tools that can help investors make informed decisions. Additionally, with a well-experienced team of experts onboard, this project is set for massive growth in the near future.
The team’s presale is ongoing, so investors can take advantage of the current reduced price andRead more on cryptonews.com