Clark Canteringclark News Today

 

Bitcoin, along with U.S. stocks, is up slightly on the release of the minutes from the November meeting of the Federal Reserve.

Analysts discuss what’s next for BTC and altcoins now that FTX will be allowed to fold in on itself.

The higher CPI data is expected to be followed by the biggest Fed rate hike in 40 years during the upcoming meeting scheduled for Sept. 21.

Proponents believe that Ripple price could bounce back as the altcoin continues leaving exchanges. The altcoin has posted consistent gains despite the

BTC price broke out of its multi-month long range, securing a daily close above $50,000 and prompting traders to extend their short-term target to $56,000.

Bitcoin hitting $50,000 could spell the "ultimate bear trap" for those betting on a BTC price drop, one analyst says.

A significant number of investors in the crypto market have had their accounts liquidated amid the sudden drop seen in a number of altcoin assets. For the day, about 1,018,638 investors had their account worth about $10 billion liquidated. The largest single liquidation order happened on Binance-BTC valued at $68.73 million. The flagship altcoin is under high selling pressure with Ethereum trading at $1,952 at the time of writing this report, down 21.46% for the day. It is the biggest daily dr...

Ripple’s native cryptocurrency XRP has rallied over 80% in the past two days, with the past 24-hours alone accounting for a 40% surge in price. What Happened: The cryptocurrency broke out of a three-year downtrend against Bitcoin, crossing $1.00 for the first time since 2018, and reached a high of $1.10 earlier today. Several crypto traders took to Twitter to highlight the bullish market structure surrounding the coin’s unexpected rise. Not for nothing, $XRP technically has taken all neces...