Bitcoin and Ethereum have been struggling to remain afloat in the cryptocurrency market as bearish pressure intensifies. Bitcoin has recently outperformed the stock market but is now retreating against the buying in the indices. The launch of several Ethereum futures ETFs has done nothing to boost the price of leading cryptocurrencies as market players expected.The technical chart shows that the bulls have suffered in pushing back on selling pressure over the last week. Bitcoin is now trading for $27,859 at report time. Ethereum (Ether), the second cryptocurrency by market cap, has lost more than 10% of its gains over the last 24 hours. Binance Coin (BNB), Ripple (XRP), and USD Coin (USDC) are struggling to clear losses from the previous months.Investors can buy Ethereum (ETH) easily and with low fees via PayPal and credit card on America’s most trusted crypto exchange. Coinbase offers super-low trading fees and access to more than 400 trading pairs, and is regulated by the SEC and FINRA in the USA, and by CySEC and FCA in Europe.
This News Article was automatically generated by Bob the Bot (AI)
This News Article was automatically generated by Bob the Bot (AI)
| Information | Details |
|---|---|
| Geography | North America |
| Countries | 🇺🇸 🇨🇾 🇬🇧 |
| Sentiment | neutral |
| Relevance Score | 8 |
| People | Vetle Lunde, Alex Kuptsikevich |
| Companies | SEC, Ripple (XRP), USD Coin (USDC), Coinbase, FCA, Binance Coin (BNB), eToro, CySEC, X (formerly Twitter), FINRA |
| Currencies | US Dollar, Ethereum, COIN, XRP, Bitcoin |
| Securities | None |
