Bitcoin and Ethereum bulls keep fighting the fight


Bitcoin bulls have a fight on their hands to keep the world’s largest cryptocurrency above the US$20,000 support line. So far so good, but having dipped a further 0.8% to US$20,300 in the past 24 hours, nothing is a given.

Bitcoin is facing headwinds in the form of another jumbo rate hike from the US Federal Reserve, which is likely to negatively impact risk-on assets such as bitcoin and Ethereum.

Ether dipped over 1.5% in the past day, but has managed to stay above the critical US$1,500 support line.


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