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Bitcoin, Ethereum Technical Analysis: BTC Drops Below $28,000, as Markets Consolidate on Thursday

Bitcoin was once again trading below $28,000, as markets consolidated ahead of Friday’s non-farm payrolls report. Payrolls are expected to come in at 240,000 for last month, with the unemployment…

Continue ReadingBitcoin, Ethereum Technical Analysis: BTC Drops Below $28,000, as Markets Consolidate on Thursday

Strong US Dollar Posts 5-Week High, Markets Price in a 75 bps Fed Rate Hike for June

While precious metals, stocks, and cryptocurrencies saw a significant downturn this week, the U.S. dollar tapped a 20-year high against the Japanese yen and a number of other currencies. The…

Continue ReadingStrong US Dollar Posts 5-Week High, Markets Price in a 75 bps Fed Rate Hike for June