Bitcoin in jeopardy, Ether briefly breaks records, Biden takes action: Hodler’s Digest, Jan. 17–23
Three reasons tumbled below $30,000 in a surprise overnight correction
Intensifying sell pressure saw Bitcoin briefly plummet below $29,000 for the first time since Jan. 5. The fall from $37,000, which happened within 48 hours, resulted in the biggest daily candle ever.
There have been some signs of institutional investors taking profit, as bulls attempt to cement $32,000 as a new support level. Analysts at QCP Capital are seeing signs of institutional exhaustion, and they warned the rally could be in danger if appetite for BTC slows down.
Guggenheim CIO expects Bitcoin to drop to $20,000
ETH finally beats its 2018 all-time high, surpassing $1,428
President Biden freezes FinCENs proposed crypto wallet regulations
pins hopes on Biden administration as co-founder sells 28.6 million XRP
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Hedge fund predicts $115,000 Bitcoin price and the fall of speculative altcoins
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83% of cryptocurrencies that peaked in 2018 are still down by 90%
Armed robbers steal $450,000 from Hong Kong crypto trader
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