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Bitcoin Price and Ethereum Down 4%; Market Braces for US CPI & FOMC Rate Decision This Week

On December 12, Bitcoin broke through the upward channel at $17,000, allowing for more selling on the downside. Similarly, Ethereum has followed suit, emerging from an ascending triangle pattern on the downside to close...

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Bitcoin Price and Ethereum Down 4%; Market Braces for US CPI & FOMC Rate Decision This Week
On December 12, Bitcoin broke through the upward channel at $17,000, allowing for more selling on the downside. Similarly, Ethereum has followed suit, emerging from an ascending triangle pattern on the downside to close below the $1,260 support level....
Read More: Bitcoin Price and Ethereum Down 4%; Market Braces for US CPI & FOMC Rate Decision This Week

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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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