Fed’s Powell calls for proper crypto regulations as Bitcoin price shoots beyond $20,000
Bitcoin price is exploring highs above $20,000 on Tuesday after holding support at $18,800 for nearly four days. Green sprouts are noticeable across the market, led by Uniswap price’s 16.70% move to $6.60. Ethereum price is trading close to $1,400 while XRP has only managed a 1.30% swing to $0.47. The cryptocurrency market’s bullish stint coincides with Federal Reserve Chair Jerome Powell’s speech “on opportunities and challenges of the tokenization of finance,” at the Louvre Museum in Paris, France.
Top 3 Price Prediction Bitcoin, Ethereum, Ripple: Why you shouldn’t get overly bearish near these levels
The crypto market pulls a fast one as an overnight rally has been completely reversed. Still, there is potential that a market bottom is near. Bitcoin price falls after trapping overnight and early morning bulls. Ethereum price has space to rally higher despite the recent sharp decline. Ripple could present a profitable knife catch opportunity in the coming days.
Shiba Inu Price Prediction: How many SHIB burned tokens will it take to spark a bull run?
Shiba Inu price has hurdled a key indicator that could catalyze a 20% rally. This month, millions of SHIB tokens have been burned, creating speculation around the notorious meme coin. Invalidation of the bullish outlook is a breach of the newly established swing low at $0.00001000.