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) $ 96,584.88 1.65%

Ethereum (ETH) $ 2,770.35 5.17%

XRP (XRP) $ 2.57 2.18%

Tether (USDT) $ 1.00 0.06%

BNB (BNB) $ 672.29 4.76%

Solana (SOL) $ 172.24 2.12%

USDC (USDC) $ 1.00 0.02%

Dogecoin (DOGE) $ 0.24636 3.59%

Cardano (ADA) $ 0.774383 2.82%

Lido Staked Ether (STETH) $ 2,760.62 4.96%

TRON (TRX) $ 0.237461 0.84%

wrapped-bitcoin

Wrapped Bitcoin (WBTC) $ 96,329.81 1.49%

Wrapped stETH (WSTETH) $ 3,314.61 5.18%

Chainlink (LINK) $ 17.79 3.33%

Avalanche (AVAX) $ 25.83 7.45%

Sui (SUI) $ 3.40 4.76%

Stellar (XLM) $ 0.33585 4.38%

Litecoin (LTC) $ 126.28 0.45%

Shiba Inu (SHIB) $ 0.000016 4.41%

the-open-network

Toncoin (TON) $ 3.69 4.76%

hedera-hashgraph

Hedera (HBAR) $ 0.216292 5.08%

LEO Token (LEO) $ 9.72 0.20%

USDS (USDS) $ 1.00 0.30%

Hyperliquid (HYPE) $ 24.89 1.47%

Polkadot (DOT) $ 5.06 0.99%

WETH (WETH) $ 2,769.93 5.18%

MANTRA (OM) $ 7.60 0.77%

Bitcoin Cash (BCH) $ 321.98 3.38%

Ethena USDe (USDE) $ 0.999741 0.22%

Bitget Token (BGB) $ 4.91 5.22%

Wrapped eETH (WEETH) $ 2,936.50 5.11%

Uniswap (UNI) $ 8.94 2.85%

Monero (XMR) $ 235.53 2.19%

NEAR Protocol (NEAR) $ 3.48 7.08%

Pepe (PEPE) $ 0.00001 5.71%

WhiteBIT Coin (WBT) $ 27.46 1.03%

Aave (AAVE) $ 247.53 2.65%

Ondo (ONDO) $ 1.16 4.91%

Bittensor (TAO) $ 431.01 0.19%

Aptos (APT) $ 6.06 1.62%

internet-computer

Internet Computer (ICP) $ 7.19 4.19%

Dai (DAI) $ 1.00 0.04%

Official Trump (TRUMP) $ 16.38 3.44%

Ethereum Classic (ETC) $ 20.53 2.45%

tokenize-xchange

Tokenize Xchange (TKX) $ 37.92 0.82%

Mantle (MNT) $ 0.898422 2.03%

OKB (OKB) $ 49.42 1.89%

gatechain-token

Gate (GT) $ 23.48 3.92%

sUSDS (SUSDS) $ 1.04 0.21%

coinbase-wrapped-btc

Coinbase Wrapped BTC (CBBTC) $ 96,567.87 1.62%