ACQUIRE.FI MARKET ANALYSIS
Week Ahead: Cryptocurrencies stage Friday rally, US inflation and Ethereum Merge ahead BTC is back above $21K as risk appetite made a return on Friday. Analysts noted whale holdings have declined, with some taking it as a low probability of bullish momentum. Digital assets have been driven by Fed comments and expectations ahead of the […]
ACQUIRE.FI MARKET ANALYSIS
Week Ahead: Cryptocurrencies remain under pressure from macro headwinds BTC has not been able to overcome the $20K price level and remains in a tight trading range, with analysts setting $17.5K and $16K support levels. The market focused on hodlers as more traders put their tokens into cold storage rather than selling at current levels, […]
ACQUIRE.FI MARKET ANALYSIS
Week Ahead: Cryptocurrencies declined after Fed Powell’s hawkish speech doused risk appetite Digital assets dropped this week after Fed chair Jerome Powell gave a short but hawkish speech on Friday as part of the Jackson Hole symposium. Powell said there will be a restrictive policy for some time with the Fed to keep at it […]
ACQUIRE.FI MARKET ANALYSIS
Week Ahead: Cryptocurrencies drop as Fed set to host an economic symposium Digital currencies shed most of the momentum built after red hot inflation in Europe and the Fed on hawk mode ahead of Jackson Hole. BTC fell more than 12% last week and traded near $21.4K following Friday’s massive drop. Over the weekend, the […]
ACQUIRE.FI MARKET ANALYSIS
Week Ahead: Cryptocurrencies advanced after US inflation came in lower than expected BTC has risen 17% in July and is up close to 4% in the first two weeks of August as it trades near $25K. Bitcoin has slowed down, making way for altcoins as flows move away from the safe haven BTC. ETH retook […]
ACQUIRE.FI MARKET ANALYSIS
Week Ahead: Cryptocurrencies rise after 75 bp Fed hike and dovish Powell unlocked risk appetite BTC rose more than 6%, and ETH gained 11% after the Fed decided to lift interest rates by 75 basis points as analysts expected, but it was Powell’s dovish comments boosted risk assets, with tech stocks and digital assets higher. […]
ACQUIRE.FI MARKET ANALYSIS
Week Ahead: Cryptocurrencies stay resilient as risk appetite returns, up next Fed rate decision BTC traded higher last week and at one point retook the $24K level as the risk was back on. USD found some of its footing and put pressure on digital assets to close the week, but BTC managed to hold on […]
ACQUIRE.FI MARKET ANALYSIS
Week Ahead: Cryptocurrencies rebound from higher US inflation impact Crypto assets showed resilience once again, with BTC above the $20K and ETH regaining traction despite a strong US dollar hitting 20-year highs last week. The greenback rose after higher than expected US inflation to keep pressure on the Fed to hike interest rates later this […]
ACQUIRE.FI MARKET ANALYSIS
Week Ahead: Cryptocurrencies advanced despite strong USD, US inflation in focus Volatile week for crypto assets. BTC recovered the $21K handle and made a move towards $22K that proved unsustainable with the currency now slightly lower ahead of a busy week in the markets with $20K once again the support level in focus. BTC has […]
ACQUIRE.FI MARKET ANALYSIS
Week Ahead: Crypto assets rebound ahead of holiday-shortened but busy macro week BTC and ETH recovered after falling under significant support levels and the worst quarterly return since inception. BTC fell below $20K on Thursday but rose back to above the resilient price level during the weekend. Some analysts forecast BTC to reach $28K before […]
