First Mover Asia: Why Did Bitcoin's Price Hold Above $27K Over the Weekend? Two Analysts Expect Continued Resilience

  • 📰 CoinDesk
  • ⏱ Reading Time:
  • 17 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 10%
  • Publisher: 63%

Coin Coin Headlines News

Coin Coin Latest News,Coin Coin Headlines

Bitcoin holds steady above $27K as investors weigh U.S. debt issuance, inflation and other macroeconomic uncertainties. Two analysts foresee continued resilience in crypto markets. TheSamReynolds writes

BitBull Capital’s Joe DiPasquale says the theme this week will be correction and consolidation before the next FOMC meeting minutes are released on June 14.

Mark Connors, head of research for digital asset manager 3iQ, points out that it's impressive that the digital asset market is still thriving despite the hostile regulatory environment in the U.S. This is all thanks to a market that continues to be concerned about the unprecedented debt issuance within the U.S.

 

Thank you for your comment. Your comment will be published after being reviewed.
Please try again later.
We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:

 /  🏆 291. in COİN

Coin Coin Latest News, Coin Coin Headlines

Similar News:You can also read news stories similar to this one that we have collected from other news sources.

Cathedra Bitcoin Unveils Plans for Off-Grid Bitcoin Mining in Texas – Mining Bitcoin NewsAccording to Cathedra Bitcoin (CBIT), the firm will be deploying bitcoin miners at 360 Mining’s off-grid Texas campus.
Source: BTCTN - 🏆 531. / 51 Read more »

Tron Explodes 10% Daily, Bitcoin Stable at $27K (Weekend Watch)Aside from TRX, LDO is another notable gainer, having surge to almost $2.3.
Source: Crypto_Potato - 🏆 568. / 51 Read more »

Lido DAO (LDO) Soars 17% Weekly, Bitcoin (BTC) Maintains $27K (Weekend Watch)Aside from LDO, INJ and QNT are the two other massive gainers in the past week.
Source: Crypto_Potato - 🏆 568. / 51 Read more »

Bitcoin, Ethereum Technical Analysis: BTC Consolidates on Saturday, Despite Recent Bullish Signals – Market Updates Bitcoin NewsBitcoin started the weekend in the red, as markets continued to digest the latest nonfarm payrolls in the United States.
Source: BTCTN - 🏆 531. / 51 Read more »

Coinbase Expands Futures Offering, Unveils 'Institutional-Sized' Bitcoin and Ether Contracts – Bitcoin NewsCoinbase has opted to introduce 'institutional-sized' bitcoin and ether futures contracts through its regulated Coinbase Derivatives Exchange.
Source: BTCTN - 🏆 531. / 51 Read more »

'Talk2Satoshi' — Developer Launches Unique AI Chatbot Infused With Bitcoin Knowledge – Bitcoin NewsThe chatbot sets itself apart by being trained on resources specifically focused on Bitcoin and its enigmatic founder, Satoshi Nakamoto.
Source: BTCTN - 🏆 531. / 51 Read more »