Crypto Price Today: Bitcoin below $30,500; Ethereum holds $1,900; Polygon sheds 5%
Bitcoin continued to weaken further on Thursday as it dropped another a per cent to slip below $30,500-mark, while Ethereum bled about a per cent but managed to hold $1,900-level.
Pawan Kumar Nahar
- Jul 6, 2023,
- Updated Jul 6, 2023 10:33 AM IST
Bitcoin and other top crypto tokens were down on Thursday after the release of June Federal Reserve minutes, which suggested more tightening coming in if the central bank feels the need. Investors took some profit off the table even as the sentiments remained firm. Filecoin(FIL) is a decentralized storage platform designed with the objective of preserving and safeguarding crucial information that holds significance for humanity. The Filecoin network attains remarkable economies of scale through its inclusivity, enabling individuals from around the globe to partake as storage providers.
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The FIL/USDT price has been mostly closing in the green for the past 3 to 4 weeks. On the weekly time-frame the trend has broken above the descending triangle pattern. The weekly RSI has emerged out of the oversold zone. The next resistance is expected at $5.1 and the next support is expected at the $3 level.(Views and recommendations given in this section are the analysts' own and do not represent those of Business Today. Please consult your financial adviser before taking any position in the asset/s mentioned.)
Bitcoin and other top crypto tokens were down on Thursday after the release of June Federal Reserve minutes, which suggested more tightening coming in if the central bank feels the need. Investors took some profit off the table even as the sentiments remained firm. Filecoin(FIL) is a decentralized storage platform designed with the objective of preserving and safeguarding crucial information that holds significance for humanity. The Filecoin network attains remarkable economies of scale through its inclusivity, enabling individuals from around the globe to partake as storage providers.
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The FIL/USDT price has been mostly closing in the green for the past 3 to 4 weeks. On the weekly time-frame the trend has broken above the descending triangle pattern. The weekly RSI has emerged out of the oversold zone. The next resistance is expected at $5.1 and the next support is expected at the $3 level.(Views and recommendations given in this section are the analysts' own and do not represent those of Business Today. Please consult your financial adviser before taking any position in the asset/s mentioned.)
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