Crypto Price Today: Bitcoin holds at $26,000; Ethereum retains $1,650; Shiba Inu tanks 5%
Bitcoin was trading flat as it dropped slightly but managed to hold above $26,000-levels, while Ethereum dropped about a per cent but retained above $1,650-mark.
- Aug 22, 2023,
- Updated Aug 22, 2023 10:04 AM IST
Bitcoin and other crypto tokens were trading range-bound on Tuesday, with a negative bias. The digital asset market has been struggling with prolonged winter, regulatory actions and litigations over the last few weeks. However, macroeconomic signals will also have their say in the token markets.Travala.com is a leading booking service that embraces cryptocurrency, offering a vast selection of travel options across the globe, including hotels, homes, flights, tours, and activities. The AVA token serves as the gateway to web3 loyalty initiatives, furnishing users with advantages like reduced AVA payments, rewards through AVA loyalty programs, exclusive access privileges, and additional benefits. Image: Chart-Travala The AVA/USDT price gained nearly 7% during the course of a day. The daily trend has broken above the ascending triangle pattern with a surge in buying volumes. The next resistance is expected at 0.68 USDT and an immediate support is expected at 0.57 USDT.(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.)
Also read: Adani Power shares in focus as Adani firm aims for 21,110 MW thermal generation capacity by FY29
Bitcoin and other crypto tokens were trading range-bound on Tuesday, with a negative bias. The digital asset market has been struggling with prolonged winter, regulatory actions and litigations over the last few weeks. However, macroeconomic signals will also have their say in the token markets.Travala.com is a leading booking service that embraces cryptocurrency, offering a vast selection of travel options across the globe, including hotels, homes, flights, tours, and activities. The AVA token serves as the gateway to web3 loyalty initiatives, furnishing users with advantages like reduced AVA payments, rewards through AVA loyalty programs, exclusive access privileges, and additional benefits. Image: Chart-Travala The AVA/USDT price gained nearly 7% during the course of a day. The daily trend has broken above the ascending triangle pattern with a surge in buying volumes. The next resistance is expected at 0.68 USDT and an immediate support is expected at 0.57 USDT.(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.)
Also read: Adani Power shares in focus as Adani firm aims for 21,110 MW thermal generation capacity by FY29