In this week’s Market Report presentation, resident Cointelegraph experts discuss the meaning of the Ethereum merger, the latest CPI data, and important things to know about Bitcoin this week and altcoin analysis.
First of all, tell us the latest news in the markets this week.
Bitcoin price fell by $1,000 in 3 minutes due to outpace inflation in the United States. Bitcoin’s 4% loss comes quickly as inflation does not subside as quickly as expected, leading to a sell-off in the cryptocurrency market. We take a deep look at what the data means and what it means for the broader market. Does this mean the end of the last price rally we saw earlier this week, or will we bounce back when things settle down? We take a look at what President Joe Biden had to say about the latest CPI data, as well as what Crypto Twitter discusses on the subject. There’s a lot to unpack here, so be sure to tune in while we arrange the information for you.
Fed, Merge, and $22K BTC are 5 things to know about Bitcoin this week. The bullish end of the week shows that Bitcoin is struggling with the investigation price as analysts anticipate high volatility in the coming days. With new CPI data driving the price of Bitcoin lower, could the consolidation bring some relief to the markets, or lead to further declines? We will also delve into the integration of Ethereum and explain why this event is so important in the history of cryptocurrency and why you should keep a close eye on developments. We also highlight some types of scams you should be aware of in order to stay safe.
Price analysis: ADA, SOL and MATIC. Our experts review several cryptocurrencies that have made some interesting moves this week. They analyze the charts and draw conclusions about where the price might be headed. So be sure to stay because you don’t want to miss this important information.
What follows is a new segment called “Crypto Brief Tips” which aims to provide newcomers to the crypto industry with quick and easy tips to get the most out of their experience. Tip of the week: buy, don’t play.
Then market expert Marcel Bichmann took a closer look at Bitcoin and Ethereum markets. Are current market conditions bullish or bearish? What are the odds for the next few months? Pechman is here to break it. Experts also cover some market news to keep you up to date with the latest news about the leading cryptocurrencies.
Finally, we have information from Cointelegraph Markets Pro, a platform for cryptocurrency traders who want to stay ahead of the market. Analysts use Cointelegraph Markets Pro to identify the three altcoins highlighted this week: the Audiu AUDIO token, the Ocean Protocol OCEAN token, and the DIGG token DIGG.
Do you have a question about a currency or topic not covered here? do not worry. Join the YouTube chat and ask your questions there. Someone with an interesting comment or question will get a $50 gift card to Cointelegraph Merchandise Store.
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