Crypto News Bulletin from newsbtc

Friday March 5, 2021 12:53 PM
2 days 4 hours ago

Bitcoin Bearish Correction Pauses: Focus Remains on Dollar and Yields

Bitcoin prices extended losses on Friday as the US dollar gained alongside the long-term Treasury yields. Downside pressure on cryptocurrency remains amid expectations of modest job growth in the US. The technical support offered by the 20-period moving average on the four-hour chart maintains Bitcoin’s medium-term bullish outlook. Bitcoin dropped Friday, suggesting that the benchmark […]