Crypto funds see 3M outflow, ending 15-week streak as Fed dampens sentiment

Crypto funds see $223M outflow, ending 15-week streak as Fed dampens sentiment

Profit-taking interrupted the 15-week winning streak of global cryptocurrency ETPs last week as investor sentiment was hit by hawkish remarks after last week’s US Fed rate decision. Cryptocurrency investment products ended last week in the green, interrupting 15 weeks of consecutive inflows after investor sentiment took a hit from hawkish remarks during last week’s Federal…

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ADA dip buyers defend key support: Will the bounce lead to ?

ADA dip buyers defend key support: Will the bounce lead to $1?

Buyers aggressively defended ADA’s $0.75 support level, possibly kickstarting a rally back to $1. Key point: ADA rebounded off a strong support, increasing the likelihood of a break above the $0.94 resistance.  Strong rallies are generally followed by equally sharp declines. That is what happened with several altcoins, and Cardano (ADA) is no exception. Usually,…

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