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This week in Crypto: what is driving crypto assets

From ig.com

The run higher in cryptocurrencies has paused, as technical indicators point to a possible pullback. In this week’s Crypto Verse, we take a glance at what’s happening in the crypto market right now and analyse the technicals of Bitcoin, Ether and Litecoin. Crypto consolidates despite “less-hawkish” Fed: The face-ripping rally in crypto-assets to begin 2023 has paused, with prices consolidating in the past week. This is despite what was, based on the general market commentary, a so-called “less-hawkish” US Federal Reserve, which met last week and hiked interest rates by 25 basis points. Immediately after the decision, ... (full story)

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  • Category: Technical Analysis