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Bitcoin SV Makes A Surprise Move With 10% Uptick – Details

NewsBTC LogoNewsBTC13h ago

Bitcoin SV Makes A Surprise Move With 10% Uptick – Details - NewsBTC

Quick Summary:

Related Reading: HODLing Resurgence? 374,000 Bitcoin Transfer Ignites Crypto Recovery With private equity enjoying gains as well, the bullishness has leaked to the crypto market, turning the early August wipe into well-deserved upticks.  Bitcoin SV On Good Price Range For A Breakout As of writing, the token sits right in the middle of the $40-$46 price range which will be essential for the coming breakout.

Last July, the CPI data showed a slight dip in CPI, indicating a slight dip in the purchasing power of the US dollar.  With the release of the CPI data nearing, the general market enters a lockdown phase, gaining slight upticks in the short term to stabilize the price in a manageable price range.

The S&P 500 and the Dow Jones are both up over a percent as the market gradually slows its momentum.  Related Reading: Helium (HNT) Surges 48% — Here’s What’s Fueling The Rally If the CPI data shows that inflation is dropping, the market’s assumption of a rate cut will eventually come true.


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Article Details

Author / Journalist: Christian Encila

Category: Crypto

Markets:

Topics:

Source Website Secure: Yes (HTTPS)

News Sentiment: Negative

Fact Checked: Legitimate

Article Type: News Report

Published On: 2024-08-15 @ 01:00:51 (13 hours ago)

News Timezone: GMT +8:00

News Source URL: newsbtc.com

Language: English

Article Length: 440 words

Reading Time: 3 minutes read

Sentences: 65 lines

Sentence Length: 7 words per sentence (average)

Platforms: Desktop Web, Mobile Web, iOS App, Android App

Copyright Owner: © NewsBTC

News ID: 22082529

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About NewsBTC

NewsBTC Logo

Main Topics: Crypto

Official Website: newsbtc.com

Update Frequency: 8 posts per day

Year Established: 2013

Headquarters: United Kingdom

News Last Updated: 11 hours ago

Coverage Areas: United Kingdom

Ownership: Independent Company

Publication Timezone: GMT +8:00

Content Availability: Worldwide

News Language: English

RSS Feed: Available (XML)

API Access: Available (JSON, REST)

Website Security: Secure (HTTPS)

Publisher ID: #102

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