Crypto Price Today: Bitcoin nears $30,500; Ethereum below $1,900; Polygon, BNB rise up to 9%
Crypto Price Today: Bitcoin nears $30,500; Ethereum below $1,900; Polygon, BNB rise up to 9%
Bitcoin gained some shine as it gained about a per cent, but remained below $30,500-mark, while Ethereum also added a per cent but $1,900-levels were still far.
Pawan Kumar Nahar
- Jul 11, 2023,
- Updated Jul 11, 2023 11:00 AM IST
Bitcoin and other top crypto tokens moved higher on Monday after the US Fed signalled nearing an end to rate hike cycle. Bitcoin continues to show healthy signs of decentralization, even as it has liquidity issues. However, the crypto market continues its struggle with liquidity. Polygon(MATIC) is an innovative platform that pioneers the realm of Ethereum scaling and infrastructure development. With its user-friendly interface and carefully designed structure, it stands as the foremost solution in this domain. At the heart of Polygon lies its powerful Polygon SDK, a versatile and customizable framework that empowers developers to create a wide range of applications.
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The MATIC/USDT chart is on the verge of a breakout from the converging triangle pattern, on the 12-hourly time period. The chart has been making higher lows since the past 3 weeks with a minor jump in buying volumes in the last few days. The next resistance is expected at $0.75 and an immediate support is expected at the $0.65 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 moved higher on Monday after the US Fed signalled nearing an end to rate hike cycle. Bitcoin continues to show healthy signs of decentralization, even as it has liquidity issues. However, the crypto market continues its struggle with liquidity. Polygon(MATIC) is an innovative platform that pioneers the realm of Ethereum scaling and infrastructure development. With its user-friendly interface and carefully designed structure, it stands as the foremost solution in this domain. At the heart of Polygon lies its powerful Polygon SDK, a versatile and customizable framework that empowers developers to create a wide range of applications.
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The MATIC/USDT chart is on the verge of a breakout from the converging triangle pattern, on the 12-hourly time period. The chart has been making higher lows since the past 3 weeks with a minor jump in buying volumes in the last few days. The next resistance is expected at $0.75 and an immediate support is expected at the $0.65 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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