BTC, ETH Move Higher Ahead of US Inflation Report – Market Updates Bitcoin News
Bitcoin EthereumBTC, ETH Umusad ng Mas Mataas sa Ulat sa Inflation ng US – Mga Update sa Market sa Bitcoin News 10 12 2022 Balita ng Ethereum ng Bitcoin Bitcoin was trading marginally higher on Wednesday, as markets prepared for the upcoming U.S. inflation report. Cryptocurrencies have mostly consolidated ahead of the release, which many believe could trigger further action from the Federal Reserve Bank. Ethereum was also higher, as the token rose above $1,300.Bitcoin Following two consecutive days of declines, bitcoin (BTC) was back in the green on Wednesday ahead of the U.S. inflation report. The world’s largest cryptocurrency rose to a high of $19,241.96, less than 24 hours after hitting a bottom of $18,925.60. Today’s move saw the token edge closer to its recent resistance level of $19,300, moving away from a one-week low in the process.BTC/USD – Pang-araw-araw na Tsart Looking at the chart, it can be seen that prices have fallen from earlier highs, and as of writing, sit just above the $19,100 mark. This seems to have come as the 14-day relative strength index (RSI) nears a collision with a ceiling of 44.55. Currently, the index is tracking at 44.35, and should BTC bulls intend to take prices back above $19,300, the first step