Cryptocurrency News

3 reasons why Bitcoin is struggling to flip $20K to support

07/14/2022

Less than a minute

2022.07.14 07:20

3 reasons why Bitcoin is struggling to flip $20K to support

The positive gains recorded in the first ten days of July have all but disappeared on July 13 as Bitcoin (BTC) and the wider market slid back toward new yearly lows.

Subdued action in the market can be traced back to a variety of factors ranging today’s record-high Consumer Price Index print and a raging US dollar that recently hit its highest level since October 2002.

07/14/2022

Less than a minute

Leave a Reply Cancel reply

You must be logged in to post a comment.

Bitcoin (BTC) $ 104,437.98 1.99%

Ethereum (ETH) $ 3,869.32 1.73%

XRP (XRP) $ 2.47 4.54%

Tether (USDT) $ 0.999798 0.16%

Solana (SOL) $ 217.63 1.33%

BNB (BNB) $ 713.04 2.08%

Dogecoin (DOGE) $ 0.384373 3.69%

USDC (USDC) $ 1.00 0.04%

Lido Staked Ether (STETH) $ 3,863.17 1.73%

Cardano (ADA) $ 1.02 4.49%

TRON (TRX) $ 0.272534 3.92%

Avalanche (AVAX) $ 46.39 4.99%

Chainlink (LINK) $ 27.15 1.66%

Wrapped stETH (WSTETH) $ 4,580.14 2.08%

Shiba Inu (SHIB) $ 0.000026 3.96%

the-open-network

Toncoin (TON) $ 5.70 3.63%

wrapped-bitcoin

Wrapped Bitcoin (WBTC) $ 104,108.89 1.84%

Sui (SUI) $ 4.57 3.65%

Stellar (XLM) $ 0.425758 2.65%

Polkadot (DOT) $ 8.19 4.81%

hedera-hashgraph

Hedera (HBAR) $ 0.295093 6.09%

WETH (WETH) $ 3,868.15 1.73%

Bitcoin Cash (BCH) $ 518.13 2.13%

Uniswap (UNI) $ 15.64 0.17%

Pepe (PEPE) $ 0.000021 6.27%

LEO Token (LEO) $ 9.66 0.97%

Litecoin (LTC) $ 117.05 1.51%

Hyperliquid (HYPE) $ 25.44 4.03%

NEAR Protocol (NEAR) $ 6.12 7.95%

Wrapped eETH (WEETH) $ 4,082.17 1.66%

Aptos (APT) $ 12.82 3.27%

Ethena USDe (USDE) $ 1.00 0.07%

Bitget Token (BGB) $ 4.19 10.37%

internet-computer

Internet Computer (ICP) $ 11.92 2.88%

Aave (AAVE) $ 367.81 1.08%

USDS (USDS) $ 0.999502 0.04%

crypto-com-chain

Cronos (CRO) $ 0.187442 3.16%

Ethereum Classic (ETC) $ 31.52 3.34%

polygon-ecosystem-token

POL (ex-MATIC) (POL) $ 0.54985 5.00%

VeChain (VET) $ 0.054056 5.27%

Render (RENDER) $ 8.32 4.13%

Artificial Superintelligence Alliance (FET) $ 1.58 2.79%

Monero (XMR) $ 220.57 2.03%

Mantle (MNT) $ 1.18 2.91%

Arbitrum (ARB) $ 0.932466 3.47%

Bittensor (TAO) $ 521.80 0.81%

MANTRA (OM) $ 4.05 5.54%

Filecoin (FIL) $ 6.06 4.41%

WhiteBIT Coin (WBT) $ 25.03 0.83%

Dai (DAI) $ 1.00 0.07%