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Bitcoin price action ‘boring’ as crypto market slumbers following ETF hype

From kitco.com

Wednesday’s activity in the crypto market is being called “boring” by many in the ecosystem following the volatility and gains witnessed over the past few months in the lead-up to the approval of the first spot Bitcoin (BTC) ETF. While the price action is somewhat subdued, it's not entirely unexpected, as analysts note that crypto is known for extended periods of sideways trading following notable market-wide rallies. Stocks slipped lower amid comments from financial experts at home and abroad that pushed back against expectations that the Federal Reserve will lower interest rates as soon as March. ECB president ... (full story)

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  • Category: Technical Analysis