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Trader says Bitcoin and crypto markets need ‘chaos’ for price growth
Bitcoin (BTC) and ether (ETH) remained little changed over the past 24 hours amid tepid price catalysts and fading volumes in both spot and futures markets.
The price of bitcoin appeared set to retake the $27,000 level early Wednesday, but the rally was turned back alongside a renewed slide in the U.S. stock market.
FxPro markets analyst Alex Kuptsikevich told CoinDesk in a daily note that while cryptocurrencies saw increased buying equity markets were under the most pressure as the dollar was gaining momentum. However, this
Bitcoin (BTC) and ether (ETH) remained little changed over the past 24 hours amid tepid price catalysts and fading volumes in both spot and futures markets.
The price of bitcoin appeared set to retake the $27,000 level early Wednesday, but the rally was turned back alongside a renewed slide in the U.S. stock market.
FxPro markets analyst Alex Kuptsikevich told CoinDesk in a daily note that while cryptocurrencies saw increased buying equity markets were under the most pressure as the dollar was gaining momentum. However, this