• Billionaire Barry Sternlicht, chairman and CEO of Starwood Capital Group, has warned that the U.S. economy is going to implode and will have a hard landing.
• Sternlicht opined that the Fed should have stopped raising interest rates following several major banks failing recently.
• Economist David Rosenberg examined Federal Reserve Bank of Philadelphia’s manufacturing business outlook since 1968 and concluded that the U.S. seems to be headed towards a „crash landing.“
Billionaire Barry Sternlicht Warns of Hard Landing
Billionaire Barry Sternlicht, chairman and CEO of Starwood Capital Group, has warned that the U.S. economy is going to implode, emphasizing that interest rates have to fall and the economy „will have a hard landing.“
Interest Rates Must Fall
Following the Federal Reserve hiking interest rates by 25 basis points (bps) on Wednesday, Sternlicht reiterated that the Fed should have stopped raising interest rates citing banking crisis as several major banks failed including Silicon Valley Bank and Signature Bank. He said: “I think you have to lower rates. That’s how you recapitalize the banks. I think they’ve done enough.“
Bond Market Signaling Implosion
The bond market is signaling what’s going to happen according to Sternlicht who further cautioned: The economy will have a ‚hard landing.‘ His remarks are echoed by billionaire Jeffrey Gundlach who recently explained how the bond market is signaling that the Federal Reserve will be cutting interest rates substantially soon..
Fed Chair Jerome Powell’s Response
Federal Reserve Chairman Jerome Powell said rate cuts are not in their base case yet, emphasizing inflation is still too high for them to consider cutting rate cuts at this moment despite others such as Gundlach urging them otherwise . Economist Peter Schiff has warned that inflation is about to get worse resulting in Americans‘ cost of living going way up .
Conclusion
Overall it appears like despite warnings from billionaires such as Sternlichth and Gundlaech about an economic implosion if interest rates are not lowered, Jerome Powell believes inflation remains too high for any rate cut decisions at this time point while economist Peter Schiff warns of higher costs of living ahead if inflation rises higher than expected
Bitcoin Supreme is one of the most well-known and popular cryptocurrency trading platforms. It promises to make trading simpler and more profitable. It is important to do a thorough review of any trading platform before you invest. This review will provide an in-depth analysis on Bitcoin Supreme to assist potential investors in making an informed decision.
What is Bitcoin Supreme?
Bitcoin Supreme is an automated trading platform. It uses advanced algorithms to analyze cryptocurrency markets and make trading decisions. It is easy to use, even for beginners. The platform aims to maximize profits and minimize effort.
How it works
Bitcoin Supreme employs advanced algorithms to analyze cryptocurrency markets and identify lucrative trading opportunities. The platform automatically executes a profitable trade once it has been identified. The platform automatically analyzes the market for users, so they don’t have to spend hours doing it.
Bitcoin Supreme: Benefits
Automated trading: The platform handles the analysis for you, so users don’t have to spend hours looking at the market.
Interface that is user-friendly: Even for beginners, the platform was designed to be simple to use.
High success rate: Bitcoin Supreme claims that it has a high success ratio, which means that its users are more likely make a profit.
Is Bitcoin Supreme a Scam or Legitimate?
Many people believe Bitcoin Supreme is a fraud because of the many myths surrounding it. After extensive research and analysis, however, it became clear that Bitcoin Supreme isn’t a fraud.
Some common misconceptions about Bitcoin Supreme
Bitcoin Supreme is a Ponzi Scheme: It is false. The platform doesn’t rely on users investing to pay profits for existing users.
Bitcoin Supreme is not a quick-revenue scheme. The platform promises to make trading more efficient and profitable but it doesn’t guarantee instant success.
Analysis and research on Bitcoin Supreme
It is clear that Bitcoin Supreme is a legitimate trading platform. This was confirmed after extensive research. Independent third parties have verified the platform and numerous users reported that they made a profit using it.
Testimonials and reviews from verified users
Many users reported that they made a profit using Bitcoin Supreme. These testimonials can be found on the website of Bitcoin Supreme and on other independent review sites.
How to Use Bitcoin Supreme
It is simple and straightforward to use Bitcoin Supreme. These are the steps:
Account activation and creation
First, create an account on the platform. It is easy and takes only a few minutes. After creating the account, users will need make a $250 deposit to activate it.
Investment process
After activating the account, traders can begin trading by choosing their preferred trading settings. After activating the account, users can start trading by selecting their preferred trading settings.
Withdrawals and payments
By submitting a withdrawal request, users can withdraw their earnings anytime. Within 24 hours, withdrawal requests are processed by the platform and funds can be withdrawn to users‘ nominated accounts within 3-5 business day.
Bitcoin Supreme Features and Tools
Bitcoin Supreme provides many tools and features to maximize profits. These are the top-rated ones:
Automated trading
Advanced algorithms are used to automatically analyze and execute trades.
Demo trading account
Before investing in real money, users can try out the platform’s tools and features using a demo account.
Customer support
Bitcoin Supreme provides excellent customer service, with a dedicated team available 24 hours a day to assist users.
Security measures
To protect funds and data, the platform employs advanced security measures such as SSL encryption.
The Pros and Cons of Bitcoin Use
High success rate: This platform boasts a high success rate. It means that users are more likely make a profit.
Simple interface: Even for beginners, the platform is easy to use.
There is no minimum investment: You can trade with as low as $250.
Secure and fast payouts: Withdrawals are processed within 24 hours. Advanced security measures protect funds.
The Cons of Bitcoin Supreme
Limited support for cryptocurrencies
Market fluctuations can cause loss: Although the platform is designed to make trading more profitable it does not eliminate the risk of losing your money.
It is possible that the platform might not be available in all areas.
Bitcoin Supreme vs. other trading platforms
Bitcoin Supreme has many advantages over other trading platforms. These are the top ones:
Bitcoin Supreme: The Advantages
Automated trading. The platform executes trades automatically. Users don’t have to spend hours studying the market.
There is no minimum investment: You can trade with as low as $250.
High success rate: This platform boasts a high success rate. It means that users are more likely make a profit.
Bitcoin Supreme’s Disadvantages
Limited support for cryptocurrencies
Market fluctuations can cause loss: Although the platform is designed to make trading more profitable it does not eliminate the risk of losing your money.
Conclusion
It is clear that Bitcoin Supreme is a legitimate trading platform after extensive research. Many users report making profits on the platform, which has many tools and features to maximize their profits. Bitcoin Supreme is a promising platform worth looking into if you are interested in investing in cryptocurrency.
FAQ
What is Bitcoin Supreme’s success rate? Bitcoin Supreme claims that it has a high success ratio, which means that users are more likely make a profit. The success rate can vary depending on market conditions.
What amount should I invest in Bitcoin Supreme
You can trade with as little as $250 Users should not invest more than they can afford to lose.
Are all countries able to accept Bitcoin Supreme?
It may not be accessible in all areas. To check if the platform is available in your region, users should visit the website.
What is the security of Bitcoin Supreme?
Bitcoin Supreme employs advanced security measures such as SSL encryption, two-factor authentication and multifactor authentication to protect data and funds.
Can I withdraw my earnings at any time?
Users can withdraw their earnings anytime by submitting a withdrawal request. Within 24 hours, withdrawal requests are processed by the platform and funds can be deposited into users‘ nominated accounts within 3-5 business day.
Bitcoin News Trader Review – Is it a Scam or Legit?
Introduction
Bitcoin News Trader claims it uses advanced algorithms to analyze cryptocurrency news and help traders make profitable trade decisions. Some users have accused the platform of being a fraud. This blog post will review the features of Bitcoin News Trader and analyze its legitimacy. We’ll also provide a step by step guide on how to use the platform. Finally, we’ll offer our final recommendation.
What is Bitcoin News Trader?
Bitcoin News Trader uses artificial intelligence algorithms for analysis of cryptocurrency news to make profitable trading decisions. It claims that the platform has a high success rate, and can generate substantial profits for its users. Bitcoin News Trader supports many popular cryptocurrencies such as Bitcoin, Ethereum, and Litecoin.
How it works
Bitcoin News Trader analyzes the most recent cryptocurrency news and market data in order to identify profitable trading opportunities. The platform’s algorithms identify market trends and help users make trading decisions based upon these trends. Bitcoin News Trader provides real-time alerts and trading signals, allowing users to make informed trading choices.
The platform features
Bitcoin News Trader has many features that make trading more efficient and profitable. These features include customizable trading parameters and real-time signals. Users have access to trading experts who can offer guidance and support.
Is Bitcoin News Trader a Scam or Legitimate?
Bitcoin News Trader has been a subject of controversy. Some users have accused it of being a fraud. Our analysis has shown that the platform is legit and has a high success ratio. Although cryptocurrency trading is not without risks, Bitcoin News Trader gives traders the information and tools they need to make informed trading decisions.
How to Use Bitcoin News Trader
It is simple to use Bitcoin News Trader. This is a step-by–step guide.
Register for an account at the Bitcoin News Trader site
Deposit money into your account
You can customize your trading parameters
Trade with the real-time signals of the platform
Trading tips to be successful
These tips will help you maximize your profits using Bitcoin News Trader
As you get more familiar with the platform, start small and increase your investment gradually.
Be realistic about your trading goals and be consistent with them
Keep up to date with the most recent cryptocurrency news and market trends
Make informed trading decisions by using the platform’s alerts and trading signals
Bitcoin News Trader: The Pros
Bitcoin News Trader has many benefits, including:
High success rate
Interface is simple to use
Alerts and trading signals in real-time
A team of trading experts at your disposal
Multiple supported cryptocurrencies
Review from satisfied customers
These are testimonials from Bitcoin News Trader customers who were satisfied with their service:
„I have been using Bitcoin News Trader since a few months and already made a substantial profit. It is very easy to use and the signals for trading are extremely accurate. – John, 32
„Bitcoin News Trader completely transformed the way that I trade cryptocurrencies. The platform’s algorithms have been extremely advanced and I have been able to consistently make profits. – Sarah, 27
Cons of Bitcoin News Trader
However, there are some downsides to Bitcoin News Trader.
There is a risk of losing cryptocurrency trading
Limited control over trading decisions
Some users reported technical problems
Testimonials of dissatisfied customers
These are testimonials from unhappy Bitcoin News Trader customers:
„I tried Bitcoin News Trader but it didn’t work for me. The platform’s algorithms are too complicated for me to comprehend. – Michael, 45
„I experienced technical issues with Bitcoin News Trader and the customer service team was slow to reply. Overall, my experience with the platform was not great. – Emily, 29
Alternatives to Bitcoin News Trader
There are many other options available if you are looking for an alternative than Bitcoin News Trader.
Coinbase
Binance
Kraken
eToro
Comparison of benefits and features
Each platform has its unique benefits and features. Each platform is different so it’s worth researching to find the one that best suits your trading needs.
Bitcoin News Trader Security
Bitcoin News Trader is very concerned about security and has taken several steps to ensure that user data is protected. All communications are protected by SSL encryption. The platform also stores data on secure servers. Bitcoin News Trader requires that users verify their identity before they are able to trade.
Explanation of user data protection
SSL encryption protects user data. This ensures that all communications between users are encrypted and secure. Secure servers are also used to store user data. These servers are protected with advanced security protocols. Bitcoin News Trader requires that users verify their identity before they are able to trade. This helps prevent fraud and unauthorized access.
Conclusion
Bitcoin News Trader can be used to help traders make profitable trading decisions. Although cryptocurrency trading is not without risks, Bitcoin News Trader gives traders the information and tools they need to make informed trading choices. We recommend that you use the platform with caution, and start with a small investment.
Recommendation about whether or not the platform should be used
Our analysis shows that Bitcoin News Trader is the best platform for cryptocurrency trading. It has a high success ratio and gives users the information and tools they need to make informed trading choices. We recommend that you use the platform with caution. Start with a small amount to minimize risk.
FAQs Semantically Similar
Which are the top Bitcoin trading platforms?
Coinbase, Binance and Kraken are some of the most popular Bitcoin trading platforms.
How can I tell if a Bitcoin trading platform has been authorized?
You can research the reputation of a Bitcoin trading platform, read user reviews, and make sure that advanced security measures are in place to protect your data.
What is the minimum investment required to use Bitcoin News Trader
Bitcoin News Trader’s minimum investment varies depending upon the platform and user’s trading preferences. To minimize risk, we recommend that you start with a small amount.
Bitcoin News Trader: Can I make any money?
Many users have reported significant profits using Bitcoin News Trader. There are risks involved in cryptocurrency trading so be cautious.
Is Bitcoin News Trader available for me?
Bitcoin News Trader can be found in many countries. You can check the Bitcoin News Trader website to determine if it is available in your country.
How can I withdraw my Bitcoin News Trader earnings?
You can withdraw your earnings from Bitcoin News Trader by using the withdrawal feature. You can use this feature to transfer your earnings into your bank account or cryptocurrency wallet.
How successful is Bitcoin News Trader’s success rate?
Bitcoin News Trader is a popular trading platform with a high success rate. Many users report significant profits. The success rate can vary depending on market conditions or user trading parameters.
Can I use Bitcoin News Trader on my mobile device?
Yes, Bitcoin News Trader can be downloaded on mobile devices. The platform’s mobile application can be downloaded from the App Store and Google Play.
Is Bitcoin News Trader beginner friendly?
Bitcoin News Trader was designed for beginners. It provides real-time alerts and signals for trading, and also access to trading experts who can offer guidance and support.
How can I reach Bitcoin News Trader customer service?
Contact Bitcoin News Trader customer service by visiting their website and submitting a request for assistance. Customers can contact the customer service team at Bitcoin News Trader 24/7 for any questions or concerns.
• European lawmaker, Johan Van Overtveldt, has called for a ban on cryptocurrencies citing the current banking crisis.
• Van Overtveldt is a Belgian journalist and politician who has served as finance minister of Belgium and is currently chairing the Committee on Budgets in the EU Parliament.
• The suggestion follows the collapse of three U.S. banks, two of which were involved in the crypto space, Silvergate Bank and Silicon Valley Bank.
Chair of EU’s Committee on Budgets Calls for Crypto Ban
A European lawmaker has urged authorities to impose a ban on cryptocurrencies citing the current crisis in the banking sector as a reason. Johan Van Overtveldt, former finance minister of Belgium, believes these assets bring no economic or social value.
Belgium’s Ex-Finance Minister Suggests Ban
Member of the European Parliament, Johan Van Overtveldt, has insisted that governments should prohibit cryptocurrencies like bitcoin. His call comes amid a crisis sparked by the failure of several banking institutions, including two crypto-friendly banks in the U.S. „Another lesson to be learned from the current banking commotion: Enforce a strict ban on cryptocurrencies,“ he tweeted on Friday. „Speculative poison and no economic or social added value.“
Background Information
Van Overtveldt is a Belgian journalist and politician from New Flemish Alliance (N-VA) party who served as his country’s finance minister between 2014 and 2018 in Prime Minister Charles Michel’s government. He was elected to European Parliament in 2019 where he chairs Committee on Budgets and represents European Conservatives Reformists (ECR) group in Committee on Economic Monetary Affairs (ECON). ECR is soft Eurosceptic political group with principles such as free enterprise and minimal regulation among others.
Collapse Of US Banks
Overtveldt’s statement regarding cryptocurrencies follows collapse of three U.S banks – two being crypto friendly – Silvergate Bank & Silicon Valley Bank – whose consequences have reached Europe affecting Credit Suisse major investment bank thereon Old Continent yet to comprehensively regulate its crypto economy by enforcing legislative package Markets Crypto Assets (MiCA).
Conclusion
EU institutions & member states are attempting to create regulatory framework that balances consumer protection while allowing innovation & investments opportunities offered by blockchain technology & digital assets but this latest comment from influential MEP shows many still not convinced about cryptocurrency assets need uncertain future ahead them despite growing popularity amongst investors globally
• Billionaire Bill Ackman has warned of „vast and profound“ consequences of the U.S. government allowing Silicon Valley Bank (SVB) to fail without protecting all depositors.
• He cautioned that, absent a systemwide FDIC deposit guarantee, more bank runs will begin Monday morning.
• Ackman warned that unless JPMorgan, Citibank, or Bank of America acquire SVB before Monday’s market open, or the government provides a guarantee for all deposits, it will have made an “irreversible mistake” with “vast and profound” consequences.
Warning from Billionaire Bill Ackman
Billionaire Bill Ackman, CEO and portfolio manager of Pershing Square Capital Management, has warned of „vast and profound“ consequences if the U.S. government allows Silicon Valley Bank (SVB) to fail without protecting all depositors. He cautioned that absent a systemwide FDIC deposit guarantee, more bank runs will begin Monday morning unless JPMorgan, Citibank or Bank of America acquires SVB before then or the government provides a guarantee for all deposits.
Deposits at Risk Without Government Guarantee
Ackman noted that no company will take even a tiny chance of losing a dollar of deposits as there is no reward for this risk. He stressed that unless SVB is acquired by one of these three banks or the government offers protection for all its deposits, there will be massive withdrawals from community, regional and other banks which could lead to their destruction as well as thousands of venture-backed companies failing to make payroll next week due to lack of liquidity in the banking system.
Consequences Could Be Irreversible
The billionaire also pointed out that increased demand for short-term US Treasury securities would drive short rates lower complicating the Federal Reserve’s efforts to raise rates in order to slow the economy down – making it harder for businesses to recover after such tremendous disruption caused by failed banks and businesses unable to pay their employees on time due to lack of liquidity in the banking system.
Government Has Until Monday Morning To Act
Ackman tweeted Saturday that the government has until Monday morning to fix its „soon-to-be-irreversible mistake“. He elaborated by saying that allowing SVB to fail without protecting all depositors would wake up people around the world about what an uninsured deposit means – an unsecured illiquid claim on a failed bank with vast and profoundly damaging repercussions should it not act in time before Monday’s market open.
Silicon Valley Banks Senior Managements Error
Finally he explained how this situation came about; noting Silicon Valley Banks senior management made a basic mistake when investing short-term deposits in longer-term fixed rate assets which resulted in a bank run when interest rates dropped suddenly resulting in customers withdrawing funds while they still can without fear they may lose it should something happen afterwards – prompting many other banks follow suit leading us where we are now – on cusp of irreversible financial disaster if nothing is done soon enough
• Silvergate Bank has discontinued its cryptocurrency payments network, the Silvergate Exchange Network (SEN).
• This decision followed the withdrawal of banking relationships by several major crypto firms, including Coinbase, Gemini, Paxos and Circle.
• Silvergate Bank is currently being investigated by the U.S. Department of Justice over accounts tied to FTX co-founder Sam Bankman-Fried (SBF).
Silvergate Bank Terminates Crypto Payments Network
Silvergate Bank has discontinued its cryptocurrency payments network, the Silvergate Exchange Network (SEN). The decision to shut down SEN followed the withdrawal of banking relationships by several major crypto firms, including Coinbase, Gemini, Paxos and Circle.
Investigation into Accounts Tied to SBF
Silvergate Bank is currently being investigated by the U.S. Department of Justice over accounts tied to FTX co-founder Sam Bankman-Fried (SBF). The bank claimed that as of Sept. 20, 2022, FTX represented less than 10% of its $11.9 billion total deposits from all digital asset customers.
Silvergate’s Financial Stability in Question
Concerns mounted over Silvergate’s financial stability and future prospects following the collapse of FTX. On Wednesday, Silvergate informed the SEC that it is unable to file its annual report with the regulator for the fiscal year ended Dec. 31 „within the prescribed time period without unreasonable effort or expense due to reasons described below.“ The crypto-focused bank also revealed that it has sold additional debt securities at a loss this year, leading to questions about its ability to operate as a going concern.
Crypto Firms Suspend Banking Partnership with Silvergate
As concerns grew about Silvergates financial stability and future prospects major Crypto firms suspended their banking partnership with Silvergate . These firms include: Coinbase Global , Galaxy Digital , Paxos , Circle ,Cboe’s digital asset exchange , Bitstamp and Gemini .
Silvergage Shares Plunge To Record Low
Shares of Silvergate (NYSE: SI) hit a new all-time low on Thursday, plummeting more than 25%. Investors are worried about potential regulatory action against the bank as well as other headwinds faced by cryptocurrencies in general.
• Solana Blockchain experienced a “large forking event” on Saturday, February 25th, 2023, causing transaction slowdowns and some failures.
• A coordinated restart was launched to accelerate block finalization.
• Validator operators had to follow instructions to take a snapshot at slot 179526408, modify validator command-lines, install version 1.13.6 and then restart the validator.
Solana Blockchain Experiences Technical Glitch
On Saturday, February 25th, 2023 the Solana smart contract token network experienced a technical glitch known as a „large forking event,“ causing transaction slowdowns and some failure for users.
Solana Deals With ‚Large Forking Event‘
At around 6:37 UTC on Saturday, users reported significant slowdown in block finalization and some transaction failures due to the forking event. Liquid staking pool Solblaze stated that while Solana did not completely stop block production, there was a slowdown due to the issue. Validator operators and Solana engineers collaborated to identify the underlying cause of the issue and launched a coordinated restart procedure in order to resolve it.
Restart Procedure
Validators were required to take a snapshot at slot 179526408, modify validator command-lines, install the previous version 1.13.6, and then restart the validator in order for block finalization to speed up again. This is similar to issues encountered by the blockchain last year resulting in multiple block production outages.
Similar Issues Last Year
The Solana Status update website referred to the issue as „cluster instability“ indicating that Solana engineers are investigating slow root production on mainnet beta and that they had launched a coordinated restart procedure in order to address it successfully.
Conclusion
Solana has been experiencing technical issues since last year but this time around they have managed successfully launch a coordinated restart procedure which should help them resolve their current issues with transactions slowing down or failing altogether due their recent large forking event occurring on Saturday February 25th 2023
• NFT sales rose 43.97% this week, totaling $397.86 million with 345,716 buyers and 1.62 million transactions.
• Ethereum-based NFTs accounted for 90% of total sales, while Otherdeed was the top-selling collection with $47,043,296 in sales.
• Blur outpaced Opensea as the leading marketplace this week, capturing 66% of the market share.
NFT Sales Surge
Non-fungible token (NFT) assets saw a surge in sales over the last seven days – 43.97% higher than the previous week – reaching $397.86 million with 345,716 buyers and 1.62 million transactions recorded on Feb 18th 2023.
Ethereum Dominates NFT Market
Ethereum-based NFT sales dominated the market with $360.32 million in total sales (90%), followed by Solana ($18,790,359). Other collections such as Azuki, Moonbirds, Mutant Ape Yacht Club (MAYC), and Bored Ape Yacht Club (BAYC) also experienced increases in sales compared to last week’s figures.
Top Selling Collection
The top selling collection of non-fungible tokens (NFTs) this week was Otherdeed with a total sale figure of $47,043,296; up 160.21% from last week’s results.
Blur Outpaces Opensea
According to weekly metrics from both dappradar.com and Dune Analytics; The NFT marketplace Blur has outpaced the leading market Opensea this week by capturing more than 66% of market share compared to 23%. Dappradar’s top five marketplaces across various chains are: Blur (66%), Opensea (23%), X2Y2 Immutable X Marketplace(3%), Lookrare(3%).
Conclusion
Non-fungible token asset sales continue to rise in 2023 and Ethereum dominates the NFT space with its wide range of applications and user base that continues to grow rapidly each day since its launch back in 2015
Paypal exploring launch of stablecoin: In the first week of 2023, payment service giant Paypal said it was exploring the launch of a stablecoin and would work closely with financial regulators.
Paypal puts concept on hold: On Feb. 10, a source noted that Paypal has put the concept on hold for now amid the regulatory scrutiny of the crypto industry.
Regulatory Concerns Growing: There has been a significant crackdown on cryptocurrency businesses following the collapse of FTX, including Nexo agreeing to settle with SEC and Kraken being fined $30 million for its staking service program.
Paypal Exploring Launch of Stablecoin
During the first week of 2023, payment service giant Paypal said it was exploring the launch of a stablecoin. At the time, an executive at Paypal stated that if the company moved forward, it would work closely with financial regulators.
Paypal Puts Concept On Hold
However, on Feb. 10, a source noted that Paypal has put the concept on hold for now amid the regulatory scrutiny of the crypto industry.
• SHIB jumped 13% on Saturday, hitting a 4-month high.
• Dogecoin also moved higher, breaking out of a recent ceiling in the process.
• Both coins saw an increase in momentum as the RSI broke through key resistance levels.
Cryptocurrency Markets Consolidate
Cryptocurrency markets were mostly consolidating on Saturday, with many assets trading sideways or within tight ranges. Despite this, two of the most popular meme coins still managed to achieve significant gains throughout the day.
Shiba Inu (SHIB)
Shiba Inu (SHIB) extended recent gains into the weekend, as prices rose by as much as 13%. This surge took prices to their highest point since October 29th and resulted in a breakout of a price ceiling at $0.00001290. The relative strength index also moved beyond its ceiling at 74.00 earlier in the day, reaching a 12-day high of 79.15 before retreating slightly.
Dogecoin (DOGE)
Dogecoin (DOGE) was also able to make headway during Saturday’s session, with prices rising from a low of $0.09107 to an intraday peak of $0.09489 over the course of the day’s trading period. As a result of this move, DOGE/USD broke out above its price ceiling at $0.0935 and appeared set for further bullish momentum until the RSI collided with resistance at 63.00 level causing bulls to retreat and prices to consolidate once more around $0.09383 currently..
Biggest Movers: SHIB Jumps 13%
Shiba Inu (SHIB) and Dogecoin (DOGE) were some of biggest movers in cryptocurrency markets on Saturday, with both coins managing to break out from key price ceilings despite overall market consolidation during that time period . Both SHIB/USD and DOGE/USD had their highest points since October 29th and March 16th respectively due to today’s surge which saw SHIB climb by up to 13%, while DOGE rose above its previous resistance level at 09350 USDT momentarily before briefly retracing back down again towards current levels around 09380 USDT
Conclusion
Despite cryptocurrency markets consolidating on Saturday, Shiba Inu (SHIB) and Dogecoin (DOGE) managed to outperform other assets by achieving significant gains throughout today’s session due largely in part thanks to their respective breakouts past key price ceilings that were previously holding them back from continuing this upward trend further over recent weeks