Coin Edition
2024-05-18 10:25:00

Short Squeeze Fuels Price Rise, But What’s Next for BTC/ETH

The cryptocurrency market experienced a welcome reprieve this week, with leading tokens Bitcoin (BTC) and Ethereum (ETH) registering price increases. As of press time, Bitcoin traded at $66,802, while Ethereum gained 5.89% over the past seven days, reaching $3,094. Analysts attribute the price surge primarily to the lower-than-anticipated U.S. Consumer Price Index (CPI) data released The post Short Squeeze Fuels Price Rise, But What’s Next for BTC/ETH appeared first on Coin Edition .

Get Crypto Newsletter
Read the Disclaimer : All content provided herein our website, hyperlinked sites, associated applications, forums, blogs, social media accounts and other platforms (“Site”) is for your general information only, procured from third party sources. We make no warranties of any kind in relation to our content, including but not limited to accuracy and updatedness. No part of the content that we provide constitutes financial advice, legal advice or any other form of advice meant for your specific reliance for any purpose. Any use or reliance on our content is solely at your own risk and discretion. You should conduct your own research, review, analyse and verify our content before relying on them. Trading is a highly risky activity that can lead to major losses, please therefore consult your financial advisor before making any decision. No content on our Site is meant to be a solicitation or offer.