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News today !
Bitcoin looks capable of surviving the green zone after topping the new $41,000 while the majority of other cryptocurrencies are still moving in the red zone in today's trading (June 16, 2021).
Bitcoin is still strong at 0.35c/o (US$40.067) to date while other cryptocurrencies continue to weaken as in the data below.
Yesterday ( June 15, 2021 ) The United States also experienced a similar weakening of crypto market trading and increased inflation on the part of manufacturers when retail sales data was very poor. U.S. retail sales in May fell 1.3 percent, suggesting that U.S. buyer data has not recovered despite rising inflation.
However, when compared to the price in the same period a week ago the price of bitcoin around USD$37,553 weakened at 3.55%.
If we go back in time, Bitcoin also gets a green zone position among other cryptos, data obtained on June 12, 2021:
- 🟢Bitcoin *36,347.99 US dollars, up 0.35%
- 🔴Ethereum *2,284 US dollars, down 5.46%
- 🔴Tether 1 U.S. dollar, up 0.02%
- 🔴Binance Coin 328.96 US dollars, down 5.23%
- 🔴Cardano 1.38 US dollars, down 8.51%
- 🔴Dogecoin 0.3054 US dollar, down 4.65%
- 🔴XRP 0.8116 US dollar, down 5.01%
- 🔴USD Coin 1 US dollar, up 0.04%
- 🔴Polka dot 19.97 US dollars, down 11.02%
- 🔴Uniswap 20.65 US dollars, down 9.39%
Bitcoin is trying to break above USD$41,200 and then fighting back on other occasions to gain speed at USD$42,000.
How about Ethereum
Ethereum failed to maintain their numbers
Ethereum price failed to stay above the USD 2,600 level and it struggled near USD 2,650. ETH started a downside correction below the USD 2,600 and USD 2,550 levels. It is now testing the USD 2,500 level. Any more losses could lead it towards the USD 2,450 support.
On the upside, an initial resistance is near the USD 2,550 level. The next major resistance is near USD 2,600, above which the price could revisit USD 2,640.
Thats all the News today !
What's fatal: The data I show is changing over time.
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