Ether followed a similar path, turning slightly in the red to trade just below its current support at $1,600.
cryptocurrency by big Valor It recently traded slightly below its most recent support line at $23,000, down 1.4% over the past 24-hours.
yet increased by more than 35% of bitcoin The year remains a welcoming story for investors, even as analysts remain cautious about the near-term future of this asset.
An increase in volume coupled with higher prices is usually a bullish sign,” wrote the cryptocurrency analyst. coindeskGlenn Williams, in his weekday column.
“However, flat prices indicate that both investors Both the bulls and the bears are actively expressing their views business“, she added.
How has the second strongest currency fared?
Ether followed a similar path, turning slightly in the red to trade just below its current support at $1,600.
The market index of specialized medium CoinDesk, which aims to measure the performance of cryptocurrencies, reported that the sector lost 1% in value.
A 2.5% rise in GDP and an unexpected drop in jobless claims on Thursday had little impact on the investment climate, which “turned”cautiously optimisticThat inflation will continue to decline without the economy slipping into a deep recession.
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