
Bitcoin could not resist the $10,924 level and fell below the 50-day SMA on Tuesday.
Bill Gates, co-founder of Microsoft, investor: “Bitcoin is exciting because it shows how cheap it can be. Bitcoin is better than currency in that you don’t have to be physically in the same place and, of course, for large transactions, currency can get pretty inconvenient.”
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Bitcoin could not resist the $10,924 level and fell below the 50-day SMA on Tuesday.
Finally, it happened! Both the Fed Chair and US president commented about cryptocurrencies yesterday. However, in a different way (such a surprise).
The overheated market has started to calm down since the beginning of the week. What are the levels?
The US Bureau of Economic Analysis will publish Core Personal Consumption Expenditures (PCE) on May 27 at 15:30 GMT+3.
The United States will publish the Preliminary GDP on Thursday, May 26, at 15:30 GMT+3.
The Reserve Bank of New Zealand will publish a monetary policy report and make an update on the interest rate on May 25, at 05:00 GMT+3.
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