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Bitcoin and Ethereum Eye Last Line of Defense, YFI Accelerates

Bitcoin price attempted a clear upside break above the USD 48,500 zone. However, BTC failed to gain pace for a move above the USD 48,500 and started a fresh decline. It is currently (04:24 UTC) consolidating near USD 47,...

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Older archive item. Useful for background and entity history, but not a fresh market-moving signal.

Bitcoin and Ethereum Eye Last Line of Defense, YFI Accelerates
 
Bitcoin price attempted a clear upside break above the USD 48,500 zone. However, BTC failed to gain pace for a move above the USD 48,500 and started a fresh decline. It is currently (04:24 UTC) consolidating near USD 47,000 and there is a risk of a fresh decline towards USD 46,200....
Read More: Bitcoin and Ethereum Eye Last Line of Defense, YFI Accelerates

Why this matters

This ethereum story adds another data point to the current market tape and is useful when read alongside nearby source coverage.

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