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

Is $1 billion a day in volume the new normal for Uniswap?

Hedge fund predicts $115,000 Bitcoin price and the fall of speculative altcoins

More institutions will warm up to crypto once market cap hits $2 trillion, eToro says

83% of cryptocurrencies that peaked in 2018 are still down by 90%

Armed robbers steal $450,000 from Hong Kong crypto trader

Believing, not seeing: Institutions still predict $100,000 Bitcoin price

Access denied: Banks seem prone to cryptophobia despite growing adoption

Bitcoin as a last resort? Murmurs of crypto as a reserve currency abound

Continue Reading on Coin Telegraph

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