Category: Treasury yields

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Ethereum fails to break out vs. Bitcoin as Treasury yields soar — Will ETH relief rally?

March 18, 2021

The ETH/BTC pair remains pinned below a key resistance level as the macro landscape worsens. Ether (ETH), the native cryptocurrency of Ethereum, has failed to break out once more against Bitcoin (BTC) with BTC/USD rallying by more than 8% on March 18. There are two likely reasons why the ETH/BTC pair is failing to break through…
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Bitcoin traders worry as BTC price remains pinned below $50K

March 6, 2021

The price of Bitcoin remains stuck in a downtrend after failing to close above $50,000. The price of Bitcoin (BTC) has failed to break above the psychological $50,000 resistance going into the weekend and has dropped below the $48,000 level on March 6.  BTC/USD 1-hour candle chart (Bitstamp). Source: Tradingview Now traders are watching whether…
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