Cryptocurrencies Price Prediction: Bitcoin, Polygon and Binance Coin – European Wrap 17 February
Bitcoin Weekly Forecast: If BTC bear market ends, $43,000 is the next target for bulls
Bitcoin price shows a clean bounce off a stable support level that paused its retracement and restarted its 2023 bull rally. While the recovery was impressive, it faced massive selling pressure as it approached the 200-day Simple Moving Average (SMA). Regardless, the big crypto’s position looks strong and optimistic as it consolidates.
Is Bitcoin price out of the woods? Derivatives traders bet on massive rally in BTC
MATIC price continued its short-term uptrend, yielding nearly 5% gains for holders since February 16. The native token of the Ethereum scaling solution Polygon is prepared for more upside despite concerns of high transaction fees and the challenges associated with the Ethereum Virtual Machine (EVM).
Binance CEO says $2.37 billion moved from BUSD to Tether after Paxos-issued stablecoin suffers de-peg
Binance USD, the dollar-pegged stablecoin that was previously issued by Paxos has suffered a de-peg. BUSD’s market capitalization declined as traders pulled capital from the token and moved it to Tether USDT.
Author
FXStreet Team
FXStreet
