Bitcoin (BTC) $78,142.22 -1.17%
Ethereum (ETH) $2,180.06 -1.95%
Tether (USDT) $1.00 -0.01%
Solana (SOL) 86.541376 -2.98%
Cardano (ADA) $0.26 -2.47%
Chainlink (LINK) $9.72 -3.44%
Litecoin (LTC) $56.18 -2.29%
Dash (DASH) $41.25 -4.91%
Polygon (MATIC) 0.25693 2.45%
Helium (HNT) 0.8238 -2.99%
X-Cash (XCASH) 7.0E-6 -1.08%
Dogecoin (DOGE) $0.00 -2.17%

Cryptocurrencies: 28952

Markets: 114125

Market Cap: $2,599,994,692,795

24h Vol: $65,557,548,300

Bitcoin.com

2022-12-07 14:15:26

Bitcoin, Ethereum Technical Analysis: BTC, ETH Continue to Consolidate as USD Strengthens

Bitcoin, Ethereum Technical Analysis: BTC, ETH Continue to Consolidate as USD Strengthens

Bitcoin was consolidating on Wednesday, as the U.S. dollar continued to strengthen versus several G7 currencies. A strong dollar means demand for cryptocurrencies typically plummets, with the global market cap trading in the red as of writing. Ethereum was also lower today, falling as it remained below $1,300. Bitcoin Bitcoin (BTC) continued to consolidate in

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