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Bitcoin dropped to $58,000 on Wednesday, and even as newbie crypto traders and BTC non-believers plant FUD in the minds of other holders, the "hodlers" are displaying a serious sense of unity.
Bitcoin, the world's biggest and best-known cryptocurrency, is down 18.4% from the year's high of $31,818 on July 13.
Bitcoin, the world's biggest and best-known cryptocurrency, is down 16.3% from the year's high of $31,818 on July 13.
Due to the lack of significant economic news, the EUR/USD dynamics in recent days has been determined by statements by representatives of mega-regulators regarding interest rate hikes at the upcoming meetings of the US Federal Reserve on May 2/3 and the ECB on May 4.
The U.S. dollar could extend its near-term correction as slowing U.S. inflation could keep Treasury yields biased to the downside as traders reprice lower the path of monetary policy.