Alpha Group Capital Ltd

Alpha Group Capital Ltd Alpha Group Capital offers the favorable and highly profitable income from trading on the foreign exchange (Forex) and
Cryptocurrency exchange markets.

Rune’s upcoming mainnet launch and Terra (LUNA) integration set off a 74% rallyRUNE and its entire ecosystem is showing ...
01/03/2022

Rune’s upcoming mainnet launch and Terra (LUNA) integration set off a 74% rally
RUNE and its entire ecosystem is showing a few bullish signs, resulting in a 74% rally ahead of a long-awaited mainnet launch and recent integration with Terra.

2021 was a roller coaster of a year for THORChain (RUNE) that saw its price top out at $20.31 only to come crashing down below $4 as a series of hacks and declining interest in decentralized finance had the token limping into 2022.

Data suggests that investors could be taking a closer look at Rune and a few potentially bullish factors could include the protocol's recent integration with the Terra and Cosmos ecosystem, an upcoming mainnet launch and the attractive yields offered to liquidity providers.

Data from Cointelegraph Markets Pro and TradingView shows that after hitting a low of $3.00 on Feb. 24, the price of RUNE has rallied 74.2% to a daily high at $5.23 on March 1 amid a 388% surge in its 24-hour trading volume.

Rune integrates with Terra
One development that has excited the RUNE community is the integration of Terra (LUNA) into the THORChain protocol. This integration also enables the platform to support all Cosmos-based projects.

Terra integration brings LUNA token, along with the TerraUSD (UST) stablecoin to the THORChain ecosystem and gives users more trading and staking options.

THORChain now supports six wallet types and eight blockchains on its THORSwap cross-chain decentralized exchange. THORChain is also in the process of adding support for Haven and Monero.

As part of the rollout for Terra and the Cosmos SDK, THORChain will be updated via a hardfork which will be fully tested in Testnet and followed by further testing in Stagenet after the Terra launch and on Chaosnet before the mainnet launch.

Bulls anticipate the next mainnet launch
A second reason for the increased attention to RUNE could be the upcoming mainnet launch on THORChain. This event has been highly anticipated since late 2021 when the launch was originally planned but delayed due to a variety of factors.

Follow Alpha Group Capital Ltd
Website: https://alphagcap.com/
Website: https://alphafinance.io/
YouTube: https://www.youtube.com/watch?v=o2tyKOWgSIc
Telegram: https://t.me/AlphaFinanceLab
Telegram: https://t.me/joinchat/AAAAAEwF4DNv4Mb6bryhng
Facebook: https://www.facebook.com/AlphaGcapitalOfficials/
Twitter: https://twitter.com/alphafinancelab
Twitter: https://twitter.com/AlphaGroupCapi1
Twitter: https://twitter.com/DeFianceCapital
,

RUNE and its entire ecosystem is showing a few bullish signs, resulting in a 74% rally ahead of a long-awaited mainnet launch and recent integration with Terra.

Payment services provider Shift4 acquires The Giving Block for $54 millionShift4 has more than 425 software integrations...
01/03/2022

Payment services provider Shift4 acquires The Giving Block for $54 million
Shift4 has more than 425 software integrations and over 200,000 merchant customers

According to an investor presentation published Tuesday, U.S.-based payment solutions provider Shift4 announced its acquisition of The Giving Block in cash and stock for $54 million, plus a potential earnout of up to $246 million. The Giving Block is an online platform that allows over 1,300 nonprofit organizations and charities to accept crypto donations.

As told by its annual report, the organization processed $69.64 million in crypto donations, an increase of 1,558% from 2020. Out of this amount, approximately $12.3 million came from donations by nonfungible token, or NFT, projects. Ether (ETH) became the most-popular crypto donated for the first time, accounting for nearly half of the total volume. Last month, The Giving Block provided Cointelegraph with a sample list of six charities on the receiving end of crypto donations and how philanthropy has positively impacted such organizations.

Regarding the acquisition, the team at The Giving Block wrote:

"Shift4's status as a leading payments company with over $200 billion in annual payments volume, plus our shared commitment to taking crypto mainstream and leading on nonprofit sector payments innovation, has given us the opportunity to have the impact on the world we began dreaming up."
Meanwhile, Jared Isaacman, CEO of Shift4, commented:

“Shift4 will invest further in The Giving Block's successful strategy while also pursuing a $45+ billion embedded cross-sell opportunity by bundling crypto donation capabilities with traditional card acceptance. This represents just a small portion of the $470+ billion nonprofit addressable markets that Shift4 will uniquely be able to pursue as a result of this acquisition.”
The Giving Block also launched its Ukraine Emergency Response Fund last week in response to the ongoing Russian invasion. Proceeds, which can be donated via Bitcoin (BTC), ETH and other altcoins, will go to at least 10 humanitarian relief organizations and international nonprofits.

Follow Alpha Group Capital Ltd
Website: https://alphagcap.com/
Website: https://alphafinance.io/
YouTube: https://www.youtube.com/watch?v=o2tyKOWgSIc
Telegram: https://t.me/AlphaFinanceLab
Telegram: https://t.me/joinchat/AAAAAEwF4DNv4Mb6bryhng
Facebook: https://www.facebook.com/AlphaGcapitalOfficials/
Twitter: https://twitter.com/alphafinancelab
Twitter: https://twitter.com/AlphaGroupCapi1
Twitter: https://twitter.com/DeFianceCapital
,

The Giving Block estimates that more than $300 million in crypto were donated in 2021.

AMC Theatres to Accept Dogecoin and Shiba Inu Payments in Coming Weeks, CEO SaysThe CEO of the world’s largest movie exh...
01/03/2022

AMC Theatres to Accept Dogecoin and Shiba Inu Payments in Coming Weeks, CEO Says

The CEO of the world’s largest movie exhibition company, AMC Entertainment, has announced that AMC Theatres will accept two meme cryptocurrencies, dogecoin (DOGE) and shiba inu (SHIB), in the coming weeks.

Dogecoin and Shiba Inu Payments Coming to AMC Theatres in March
The CEO of AMC Entertainment Holdings, Adam Aron, announced on Twitter Monday that AMC Theatres will be accepting payments in two popular meme cryptocurrencies, dogecoin (DOGE) and shiba Inu (SHIB), in March.

AMC Entertainment (NYSE: AMC), aka AMC Theatres, is the largest movie exhibition company in the U.S., Europe, and the world. The company owns or operates approximately 950 theaters and 10,500 screens globally.

Aron explained that the IT department at AMC Theatres says that “Bitpay will be live for AMC online payments” by March 19 and live on the company’s mobile apps by April 16 or a few days earlier.

The CEO has promised the crypto community that AMC Theatres will accept DOGE and SHIB payments since he put up a Twitter poll about dogecoin in September last year and a poll about shiba inu the following month.

Aron then claimed in November last year that he convinced crypto payment service provider Bitpay to support shiba inu. He also said that he would be the first client of Bitpay to accept SHIB.

However, when Bitpay began supporting shiba inu crypto in November, retail giant Newegg quickly started accepting SHIB for payments.

Aron also announced last year that AMC Theatres had begun accepting four cryptocurrencies: bitcoin (BTC), ether (ETH), litecoin (LTC), and bitcoin cash (B*H). However, customers can only pay with these cryptocurrencies through their Paypal accounts.

Follow Alpha Group Capital Ltd
Website: https://alphagcap.com/
Website: https://alphafinance.io/
YouTube: https://www.youtube.com/watch?v=o2tyKOWgSIc
Telegram: https://t.me/AlphaFinanceLab
Telegram: https://t.me/joinchat/AAAAAEwF4DNv4Mb6bryhng
Facebook: https://www.facebook.com/AlphaGcapitalOfficials/
Twitter: https://twitter.com/alphafinancelab
Twitter: https://twitter.com/AlphaGroupCapi1
Twitter: https://twitter.com/DeFianceCapital
,

The CEO of the world's largest movie exhibition company, AMC Entertainment, has announced that AMC Theatres will accept two meme cryptocurrencies, dogecoin (DOGE) and shiba inu (SHIB), in the coming weeks.

Data Shows Ruble-Denominated BTC Volume Rising, BTC-RUB Prices Jump as High as $46KAmid the conflict in Ukraine with Rus...
01/03/2022

Data Shows Ruble-Denominated BTC Volume Rising, BTC-RUB Prices Jump as High as $46K

Amid the conflict in Ukraine with Russia, bitcoin trade volumes tied to Russian ruble pairs have surged in recent days. Metrics recorded by the crypto analytics provider Kaiko indicate that ruble (RUB)-denominated bitcoin volume reached close to 1.5 billion rubles four days ago, on February 24. Data also shows that bitcoin-ruble pairs saw a significant premium on February 28, jumping 16% higher than the global average.

Russian Demand for Bitcoin Surges Causing BTC-RUB Premiums
Statistics show that there’s been a lot of demand for bitcoin (BTC) stemming from Russia during the last 96 hours. It started almost immediately after Russia invaded Ukraine’s borders and while the warfare between the two countries escalated.

from the crypto analytics provider Kaiko shared with the crypto-journalist Omkar Godbole shows that ruble-denominated BTC trade volume has spiked a great deal. Kaiko’s data showed that ruble-denominated BTC volume tapped a nine-month high reaching nearly 1.5 billion rubles on Thursday.

“The activity was concentrated on Binance,” Kaiko analyst Clara Medalie told the reporter. “Bitcoin-Ukrainian hryvnia volume has also spiked, but not as high as October levels. BTC-UAH only trades on [two] exchanges – Binance and Localbitcoin.com,” Medalie added.

Follow Alpha Group Capital Ltd
Website: https://alphagcap.com/
Website: https://alphafinance.io/
YouTube: https://www.youtube.com/watch?v=o2tyKOWgSIc
Telegram: https://t.me/AlphaFinanceLab
Telegram: https://t.me/joinchat/AAAAAEwF4DNv4Mb6bryhng
Facebook: https://www.facebook.com/AlphaGcapitalOfficials/
Twitter: https://twitter.com/alphafinancelab
Twitter: https://twitter.com/AlphaGroupCapi1
Twitter: https://twitter.com/DeFianceCapital
,

Data shows that bitcoin ruble pairs saw a significant premium on February 28, jumping 16% higher than the global average.

Crypto investment funds attract $36M in capital despite market turmoilInflows into Bitcoin and Ether investment products...
01/03/2022

Crypto investment funds attract $36M in capital despite market turmoil
Inflows into Bitcoin and Ether investment products continue to rise as institutional investors re-accumulate.

Cryptocurrency investment funds recorded a sizable increase in inflows last week, signaling that institutional investors were still gaining exposure to digital assets despite extreme volatility in the market.

Digital asset investment products registered $36 million in cumulative inflows for the week ending Sunday, according to CoinShares data. Regionally, new investments were heavily one-sided, with the Americas seeing $95 million worth of inflows and European investment products registering $59 million in outflows.

Inflows into Bitcoin (BTC) products increased by $17 million, marking the fifth consecutive week of inflows totaling $239 million over that period. Ether (ETH) products saw minor inflows at $4.2 million. Investors reduced their holdings of most altcoin products, with Solana (SOL) and Litecoin (LTC) funds registering $2.6 million and $500,000 in outflows, respectively.

Inflows into Bitcoin products have flipped positive for 2022, a sign that institutional investors were re-accumulating after a period of significant volatility. They continued to buy into BTC funds last week even as tensions in Eastern Europe escalated with Russia launching military operations in neighboring Ukraine. According to CoinShares data, volumes on crypto exchanges that trade in Russian Rubles soared 121% over the past week.

Crypto markets appeared unaffected by geopolitical tensions on Monday even as equities succumbed to fresh selling pressure. The Bitcoin price traded as high as $41,476 on the day, according to Cointelegraph Markets Pro and TradingView. Stocks, meanwhile, were down over 1%.

Follow Alpha Group Capital Ltd
Website: https://alphagcap.com/
Website: https://alphafinance.io/
YouTube: https://www.youtube.com/watch?v=o2tyKOWgSIc
Telegram: https://t.me/AlphaFinanceLab
Telegram: https://t.me/joinchat/AAAAAEwF4DNv4Mb6bryhng
Facebook: https://www.facebook.com/AlphaGcapitalOfficials/
Twitter: https://twitter.com/alphafinancelab
Twitter: https://twitter.com/AlphaGroupCapi1
Twitter: https://twitter.com/DeFianceCapital
,

Has the market bottomed? Crypto investment funds continue to attract capital despite geopolitical tensions.

Russian miners keep running, may see pivot to Bitcoin in response to sanctionsWith sanctions coming from the U.S. and al...
25/02/2022

Russian miners keep running, may see pivot to Bitcoin in response to sanctions
With sanctions coming from the U.S. and allied NATO nations, it is unclear how the local BTC sector and the broader market will be impacted, however, Russian crypto mining appears to be operating smoothly for the time being.

Russian Bitcoin (BTC) miners are reportedly running as usual despite the government’s invasion of Ukraine this week.

According to estimates from the Cambridge Bitcoin Electricity Consumption index, miners in Russia accounted for around 11.2% of the global BTC hash rate as of August 2021. With sanctions on the Russian government coming from the U.S. and allied NATO nations, it is unclear how the local BTC sector and the broader market will be impacted.

While some crypto mining firms such as Ethereum focused Flexpool have halted their services in Russia in response to the invasion, BTC miners Compass Mining confirmed to customers hosting in Russia that its mining infrastructure will remain operational in the region.

Compass Mining CEO Whit Gibbs expressed his thoughts and prayers to all affected by the conflict, on Twitter earlier today, as he reassured the community that its facilities in Eastern Europe are located safely in Serbia, well outside any “geopolitical unrest.”

The Biden administration outlined on Thursday that it would be imposing “sweeping financial sanctions and stringent export controls” on Russia’s top financial institutions, the government, high-ranking officials, and the technology sector.

Notably, it appears that the heavy restrictions won’t yet extend out to the international payments network SWIFT or cryptocurrency transfers. Many onlookers have argued that this could be a time in which the Russian crypto sector flourishes as it could soon become an important tool to sidestep various sanctions.

In a newsletter to investors earlier today, BTC bull and Morgan Creek digital co-founder Anthony Pompliano emphasized that the Russian government could use this moment as a chance to shift away from the US dollar reserve system, and back a decentralized currency with a global appeal:

Follow Alpha Group Capital Ltd
Website: https://alphagcap.com/
Website: https://alphafinance.io/
YouTube: https://www.youtube.com/watch?v=o2tyKOWgSIc
Telegram: https://t.me/AlphaFinanceLab
Telegram: https://t.me/joinchat/AAAAAEwF4DNv4Mb6bryhng
Facebook: https://www.facebook.com/AlphaGcapitalOfficials/
Twitter: https://twitter.com/alphafinancelab
Twitter: https://twitter.com/AlphaGroupCapi1
Twitter: https://twitter.com/DeFianceCapital
,

BTC mining in Russia is moving along business as usual, with some onlookers suggesting that this could be a key moment for the local crypto sector.

Ukraine Bitcoin exchange volume spikes 200% as Russia war sparks currency concernsKuna, a long-running native crypto exc...
25/02/2022

Ukraine Bitcoin exchange volume spikes 200% as Russia war sparks currency concerns
Kuna, a long-running native crypto exchange, sees a swift change in client activity amid currency controls and the hryvnia at all-time lows.

Bitcoin (BTC) and altcoin trading volumes have surged at a major Ukraine cryptocurrency exchange in the aftermath of Russia's invasion, data shows.

According to monitoring resource CoinGecko, on Feb. 24, volume at Kuna almost trippled to over $4 million.

Crypto on the radar of Ukrainians
As the armed conflict with Russia began, the impact on the fiat currencies of both countries was immediately apparent.

While the Russian ruble suffered noticeably more, the Ukrainian hryvnia also fell, targeting 30 per dollar in what would be a new all-time low.

Ukraine, which just this month finally ratified a law legalizing cryptocurrency after much to-and-fro between lawmakers, unsurprisingly saw interest in alternatives snap higher.

The effect was obvious at seven-year-old Kuna, volumes at which were under $1 million on Feb. 21 but almost $4.1 million three days later.

As per the CoinGecko data, the fervor has already begun to subside after the initial rush, this coinciding with stabilizing fiat rates versus the U.S. dollar and other major currencies.

Less clear were Kuna's own rates, these showing a curious spread either side of the Bitcoin spot price. At the time of writing, BTC/USD traded at $38,300 on Bitstamp, while Kuna's USD pair was over $40,000.

Stablecoin Tether (USDT), on the other hand, was at $37,800 per bitcoin.

Follow Alpha Group Capital Ltd
Website: https://alphagcap.com/
Website: https://alphafinance.io/
YouTube: https://www.youtube.com/watch?v=o2tyKOWgSIc
Telegram: https://t.me/AlphaFinanceLab
Telegram: https://t.me/joinchat/AAAAAEwF4DNv4Mb6bryhng
Facebook: https://www.facebook.com/AlphaGcapitalOfficials/
Twitter: https://twitter.com/alphafinancelab
Twitter: https://twitter.com/AlphaGroupCapi1
Twitter: https://twitter.com/DeFianceCapital
,

Ukraine panic sees Bitcoin exchange Kuna profit from increased volumes.

Analyst say Ethereum price could fall to $1,700 if the current climate prevailsTraders warn that ETH price could fall to...
19/02/2022

Analyst say Ethereum price could fall to $1,700 if the current climate prevails
Traders warn that ETH price could fall to $1,700, triggering a “turbo nuke” in altcoins and altering the market structure of a struggling bull market.

Bitcoin (BTC) and Ether (ETH) price are still being hard hit by the current wave of volatility and this is leading traders to go back to the drawing board and readjust their short-term expectations. On Feb.17, Bitcoin price briefly dipped below $40,000 and Ether failed to hold support at $2,900, raises the chance of a drop to $2,500.

Data from Cointelegraph Markets Pro and TradingView shows that after hovering near the $2,900 support level through the morning trading hours, Ether was hit with a wave of selling that dropped it to an intraday low of $2,752.

Here’s a look at what analysts are saying about the price drop for Ether and whether or not more downside is expected as global tensions continue to rise.

Ethereum's next stop could be $1,700
A general overview of the current outlook for Ether was provided by crypto trader and pseudonymous Twitter user ‘Crypto Tony’, who posted the following chart discussing the areas of support and resistance to keep an eye on.
Crypto Tony said,

“$3,900 remains the most pivotal area for me and if we flip that, well I believe the low is in... Reject from it or fail to even reach it and we head to my main target of $1,700.”
Price is at a "super trend" resistance level
A more bullish take on Friday’s price action was offered by market analyst and pseudonymous Twitter user ‘IncomeSharks’, who posted the following chart indicating that Ether is now at a significant resistance zone.
According to the analyst,

“Ether right at the supertrend resistance. Since it's flat it usually has a higher chance of breaking upwards and flipping bullish. If it does flip bullish I think $2,900 to $3,000 would be next.”

Follow Alpha Group Capital Ltd
Website: https://alphagcap.com/
Website: https://alphafinance.io/
YouTube: https://www.youtube.com/watch?v=o2tyKOWgSIc
Telegram: https://t.me/AlphaFinanceLab
Telegram: https://t.me/joinchat/AAAAAEwF4DNv4Mb6bryhng
Facebook: https://www.facebook.com/AlphaGcapitalOfficials/
Twitter: https://twitter.com/alphafinancelab
Twitter: https://twitter.com/AlphaGroupCapi1
Twitter: https://twitter.com/DeFianceCapital
,

Traders warn that ETH price could fall to $1,700, triggering a “turbo nuke” in altcoins and altering the market structure of a struggling bull market.

Here are the BTC price levels to watch with Bitcoin ‘hanging on $40K cliff’$38,000 could be the next stop in a downward ...
18/02/2022

Here are the BTC price levels to watch with Bitcoin ‘hanging on $40K cliff’
$38,000 could be the next stop in a downward move, but equal faith lies in $32,000 being the definitive floor.

Bitcoin (BTC) saw its first major test of $40,000 for several weeks overnight, but what price zones are traders watching next?

Whether long or short-term, the answer for many is simple: The range is still intact.

Bitcoin wobbles after “moment of truth”
On the back of macro pressures, BTC/USD saw a moderate sell-off on Feb. 17, which continued into Friday, with local lows of $40,330 appearing on Bitstamp, as per data from Cointelegraph Markets Pro and TradingView.

A bounce took the pair above $41,000, but nerves remain over further challenges to the strength of bulls’ resolve.
A popular bounce zone in the event of a break below currently lies at $38,000, and as last night’s lows set in, popular Twitter account Credible Crypto reiterated the need to hold that number going forward.

“Moment of truth,” they summarized alongside a forecast chart.

“Lows taken, if our bottom is in at 32k then downside should be limited to the GREEN region below to form a higher low. Again, this is my primary, and I expect we hold this region and continue up to challenge monthly resistance once more.”

Some were less enthusiastic about that prospect, with popular trader Crypto Ed concerned about even the $40,000 test.

“Hanging on the 40k cliff, feels like a miracle is needed after that (for me) surprising move down yesterday,” he said.

The structure of derivatives markets, meanwhile, reinforces the macro bottom being around $32,000. As noted by analyst Dylan LeClair, bidders entered at that point when it hit in January, providing more than a mere line in the sand for price stability.

“The speculative air in the $BTC derivative market has essentially completely unwound, with spot market bidders taking hold at 33k in early January,” he said in one of a series of tweets about the environment.
While some were decidedly queazy about longer timeframes, LeClair argued that zooming out, nothing had really changed and that Bitcoin remained on track in terms of its four-year halving cycles.

“Macro environment aside, the bitcoin monetization process continues on. With all the uncertainty, bitcoin is ranging around approximately an order of magnitude higher than it was during the previous cycle. Don’t lose sight of the bigger picture,” he concluded.

True to form, the overnight lows filled a CME Bitcoin futures gap left over from the exit out of the $30,000–$40,000 corridor at the start of the month.

Follow Alpha Group Capital Ltd
Website: https://alphagcap.com/
Website: https://alphafinance.io/
YouTube: https://www.youtube.com/watch?v=o2tyKOWgSIc
Telegram: https://t.me/AlphaFinanceLab
Telegram: https://t.me/joinchat/AAAAAEwF4DNv4Mb6bryhng
Facebook: https://www.facebook.com/AlphaGcapitalOfficials/
Twitter: https://twitter.com/alphafinancelab
Twitter: https://twitter.com/AlphaGroupCapi1
Twitter: https://twitter.com/DeFianceCapital
,

Bitcoin circles a pivotal support zone as BTC price targets trend back towards $30,000.

Crypto bill incoming: Russia’s finance ministry kicks off public comment periodThe Ministry of Finance is seeking indust...
18/02/2022

Crypto bill incoming: Russia’s finance ministry kicks off public comment period
The Ministry of Finance is seeking industry and public input on how to regulate digital assets by March 18.

The Ministry of Finance of the Russian Federation has officially initiated work on the country’s cryptocurrency regulation bill, filing the first public notice on the federal legal portal.

Russia’s finance ministry on Thursday filed two development notices announcing the start of the process of developing a legal framework for activities related to transactions with digital currencies and their issuance.

The first notice, called “On Digital Currency,” informs about the government launching a public consultation on rules for digital asset transactions, inviting proposals from financial market participants, citizens and legal entities. The second notice details a similar process for possible amendments to other federal laws that “On Digital Currency” may necessitate.

According to the notices, the ministry expects to finalize public consultations for the crypto bill by March 18.

The draft of the bill itself is not released at the time of writing. According to a spokesperson at the ministry, the authority expects to make the document public in the next three weeks. “The public discussion procedure takes place in several stages. We are currently at the initial stage of informing about the beginning of development,” the representative noted.

Russian Finance Minister Anton Siluanov reportedly expects the crypto bill to be passed by the end of 2022.

Related: Banning Bitcoin in Russia is 'same as banning the internet,' minister says

According to local reports, the Russian government has been expected to introduce federal crypto regulations by Friday, aiming to finally establish a common ground on crypto regulation with the central bank of Russia.

The Finance Ministry previously released a concept for regulating the crypto market, proposing to limit crypto exposure of non-professional investors and put the crypto infrastructure under the authority of a single “digital currency exchange organizer.”

Follow Alpha Group Capital Ltd
Website: https://alphagcap.com/
Website: https://alphafinance.io/
YouTube: https://www.youtube.com/watch?v=o2tyKOWgSIc
Telegram: https://t.me/AlphaFinanceLab
Telegram: https://t.me/joinchat/AAAAAEwF4DNv4Mb6bryhng
Facebook: https://www.facebook.com/AlphaGcapitalOfficials/
Twitter: https://twitter.com/alphafinancelab
Twitter: https://twitter.com/AlphaGroupCapi1
Twitter: https://twitter.com/DeFianceCapital
,

The Russian Ministry of Finance has officially started working on the country’s federal cryptocurrency regulation bill, opening public consultations.

BTC price dips below $40K as Wall Street open spells pain for Bitcoin bullsMacro factors finally see $40,000 give way fo...
18/02/2022

BTC price dips below $40K as Wall Street open spells pain for Bitcoin bulls
Macro factors finally see $40,000 give way for Bitcoin price action after two weeks above.
Bitcoin (BTC) fell through $40,000 as Wall Street opened on Feb. 18 with analysts watching lower levels.

Bitcoin falls to two-week lows
Data from Cointelegraph Markets Pro and TradingView showed BTC/USD teasing a $40,000 breakdown throughout Feb. 18, with several attempts seeing bounces higher before the level finally gave way.

At the time of writing, the situation was still unclear, with 24-hour losses for the pair approaching 5% and volatility heightened.

The last time that Bitcoin traded below $40,000 was on Feb. 4, making current levels a two-week low.

Correlation to stocks, themselves, rattled by the Federal Reserve and geopolitical tensions, remained in focus.

Follow Alpha Group Capital Ltd
Website: https://alphagcap.com/
Website: https://alphafinance.io/
YouTube: https://www.youtube.com/watch?v=o2tyKOWgSIc
Telegram: https://t.me/AlphaFinanceLab
Telegram: https://t.me/joinchat/AAAAAEwF4DNv4Mb6bryhng
Facebook: https://www.facebook.com/AlphaGcapitalOfficials/
Twitter: https://twitter.com/alphafinancelab
Twitter: https://twitter.com/AlphaGroupCapi1
Twitter: https://twitter.com/DeFianceCapital
,

Bitcoin falls on the Wall Street open with BTC price action now below $40,000.

Address

London
SW128QP

Alerts

Be the first to know and let us send you an email when Alpha Group Capital Ltd posts news and promotions. Your email address will not be used for any other purpose, and you can unsubscribe at any time.

Contact The Business

Send a message to Alpha Group Capital Ltd:

Share