Today news
About the same in other media
Bitcoin holds $57K amid warning weak hands could fuel a fresh BTC price dip
Reading now: 255
Bitcoin (BTC) showed signs of strength into the Wall Street open on Nov. 29 as macro markets shed some of last week’s fear.
Data from Cointelegraph Markets Pro and TradingView confirmed BTC/USD holding $57,000 as trading began Nov. 29.
Despite a weak start in Asia, U.S. markets were in the mood for making amends after Nov. 26’s rout, the S&P 500 making up some of its 2.3% losses.
Bitcoin joined the improved mood, overnight performance at one point topping 7% to see local highs of $58,300.
Sentiment reflected the changes, with the Crypto Fear & Greed Index rising from 21/100 to 33/100 — “extreme fear” to “fear" — after hitting its lowest since September.
“The market is bouncing,” Cointelegraph contributor Michaël van de Poppe summarized.
BTC
Read more on cointelegraph.comAbout this in other media
One more Bitcoin price dip? BTC may fall again before 'slow grind up,' warns analyst cointelegraph.com /2 years ago
Bitcoin could 'consolidate until 2022' after mass wipeout sends BTC price to $41K cointelegraph.com /2 years ago
Analyst says Bitcoin is 'on sale' after BTC price dips below $54,000 cointelegraph.com /2 years ago
Show more
The website finance-news.co is an aggregator of news from open sources. The source is indicated at the beginning and at the end of the announcement. You can send a complaint on the news if you find it unreliable.
