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Tuesday, November 28, 2023
More
    bitcoin
    Bitcoin (BTC) $ 37,392.02
    ethereum
    Ethereum (ETH) $ 2,033.85
    tether
    Tether (USDT) $ 0.999951
    bnb
    BNB (BNB) $ 229.79
    usd-coin
    USDC (USDC) $ 1.00
    xrp
    XRP (XRP) $ 0.608993
    binance-usd
    BUSD (BUSD) $ 1.00
    dogecoin
    Dogecoin (DOGE) $ 0.079391
    cardano
    Cardano (ADA) $ 0.380971
    solana
    Solana (SOL) $ 56.22
    matic-network
    Polygon (MATIC) $ 0.742773
    polkadot
    Polkadot (DOT) $ 5.21
    tron
    TRON (TRX) $ 0.102666
    HomeFinanceWhy is the Bitcoin value stagnant?

    Why is the Bitcoin value stagnant?

    (value of)BTC) has been pretty steady for a number of days in a row. As BTC value volatility subsides, the crypto market is digesting the SEC lawsuit towards Binance and Coinbase (NASDAQ:).

    So why is the Bitcoin value stagnating, and what’s going to set off the subsequent massive transfer? Let’s take a better look.

    Bitcoin volatility historical past. Supply: Coinglass.com

    EMA vary

    Every day value chart. Supply: TradingView

    Bitcoin Bears Cautious Forward of Fed Assembly

    Bitcoin volatility time sequence chart.Supply: Purchase Bitcoin Worldwide
    BTC/USD weekly value chart. Supply: TradingView

    Learn extra on Cointelegraph

    See also  Coinbase CLO Paul Grewal Questions SEC's Newest Disclaimer Wording
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