Jordan Finneseth
Crypto Market Editor at Kitco News
#Crypto Editor for Kitco News. Author. Sorcerer. Former therapist and behavioral consultant. Tweets are not investment advice.
Articles
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1 week ago |
dailyforex.com | Jordan Finneseth
Trump’s trade war remained the most dominant force in the markets this week, though matters improved for some assets after a 90-day pause was placed on the high tariffs issued against most US trading partners to allow time for negotiations. Read ReviewAfter bottoming out near $74,500 last Wednesday, cautious dip-buyers wasted back into the crypto market, pushing Bitcoin (BTC) back above $83,000. At the time of writing, King Crypto trades near $83,600, just below its 50-day moving average.
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2 weeks ago |
dailyforex.com | Jordan Finneseth
As the fallout from the US tariff announcement spread, Bitcoin (BTC) showed some resilience, holding above $83,000 for much of last week and into the weekend. But that changed on Sunday when King Crypto experienced a sharp 7.75% sell-off that tested support near $77,000. BTC/USD 1-day chart. Source: TradingViewThe volatility continued into Monday, with BTC price experiencing an 8.43% intraday swing, touching a low of $74,420 and a high of $81,280 before closing the daily candle at $79,145.
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3 weeks ago |
dailyforex.com | Jordan Finneseth
Cryptos and the major stock indices all experienced sharp declines following the release, while gold rallied to a new record high near $3,150. After trading above support at $87,000 for much of last week, Friday’s PCE announcement helped rally Bitcoin (BTC) bears, who dropped King Crypto to $82,000 before bullish reinforcements arrived. BTC/USD 1-day chart.
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4 weeks ago |
dailyforex.com | Jordan Finneseth
The 2-day FOMC event last week saw King Crypto rally from $82,530 to $87,450, only to dump back to $83,700 over the weekend. Sunday saw fortunes change as BTC/USD climbed to $86,115 and then extended higher to $88,787 on Monday before entering into consolidation near $87,490, where it trades at the time of writing. BTC/USD 1-day chart.
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1 month ago |
dailyforex.com | Jordan Finneseth
After hitting a low near $76,550 last Tuesday, Bitcoin (BTC) rallied to a high of $85,330 on Friday before entering consolidation near $83,000. BTC/USD 1-day chart. Source: TradingViewKing Crypto now trades below the 200-day moving average, with analysts saying bulls need to flip the $85,000 resistance level into support if they want to target higher highs at $90,000.
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#Cryptos are climbing the wall of worry, but analysts predict #BTC will hit $130k in the next 90 days. #Trump's #tradewar and other macroeconomic concerns have been weighing on asset prices, but #crypto is being resilient. Don't get shaken out. https://t.co/4FYf62YJW2
Exciting update on those "tombs" in #Egypt Now why would they build a 2km deep infrastructure for a tomb?
SAR Scan of Khafre Pyramid Shows Huge Underground Structures https://t.co/lr0A5cpO1p
https://t.co/9ZNjuF9dpK It's been a hectic few days for financial markets, especially crypto. From Trump's #tradewar to his announcement about a possible strategic reserve for multiple digital assets, including #BTC #ETH #ADA #SOL and #XRP, it's been quite the roller coaster for