U.Today presents the top four news stories over the past day. Take a closer look at the world of crypto!
Bitcoin has 14 hours to return to $22,000 or market will face problems
Bitcoin might face another plunge to $19,000. The main reason might lie in bears providing great selling pressure that BTC, to the great disappointment of all flagship crypto holders, struggles with. According to a chart shared by analyst Will Clemente on July 24, if BTC plunges below the $22,000 range for whatever reason, we will most likely see a drop back to the $19,000 zone. However, many traders and analysts hope that Bitcoin does not drop below the $22,000 threshold once again as there is an abundance of inflows to the market, which makes the future price bounce a real problem for the market. It is worth noting, though, that institutional inflows are still at a relatively low level, which speaks against Bitcoin's success on the market for the foreseeable future.
Ethereum fees plunge ahead of Merge event...
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INN caught up with cryptocurrency investment expert Dan Hoover to review the current landscape and where the market may be heading. The cryptocurrency investment marketplace has gone through severa...