Bitcoin (BTC) $99,435.40 1.12%
Ethereum (ETH) $3,670.78 0.76%
Tether (USDT) $1.00 -0.01%
Solana (SOL) 215.699601 -1.12%
Cardano (ADA) $1.09 2.11%
Chainlink (LINK) $23.93 1.03%
Litecoin (LTC) $115.23 2.46%
Helium (HNT) 6.548597 -2.88%
Polygon (MATIC) 0.521172 0.06%
Dash (DASH) $43.42 1.79%
X-CASH (XCASH) 1.0E-6 -40.61%
Dogecoin (DOGE) $0.00 5.69%

Cryptocurrencies: 24715

Markets: 95953

Market Cap: $3,532,043,383,936

24h Vol: $90,506,682,984

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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