The main benchmark of cryptocurrencies has slowed down its movement near the resistance level

The main benchmark of cryptocurrencies slowed down its movement near the resistance level located at $ 45,000. Investors were in the waiting mode for an important meeting of the US Federal Reserve, in which Jerome Powell announced a softer start to the zero interest rate breakaway. Instead of rising to 0.75 basis points, the regulator, in the current crisis geopolitical conditions, tends to gradually increase by 0.25 basis points.

For risky asset markets, this factor can serve as a positive

After the freezing of the assets of the Bank of Russia, the benchmark of the crypto industry jumped by as much as 11%, showing the strongest growth in many months. Most likely, due to the new sanctions, the Russians redistributed rapidly depreciating ruble assets and invested in cryptocurrencies.

At the moment, Bitcoin is consolidating near the upper price ranges at $43500. The current target is the resistance level, which is located at $45700. Having overcome that, the bulls can seize the championship in their own hands.

The main benchmark of cryptocurrencies slowed down its movement near the resistance level located at $ 45,000. Investors were in the waiting mode for an important meeting of the US Federal Reserve, in which Jerome Powell announced a softer start to the zero interest rate breakaway. Instead of rising to 0.75 basis points, the regulator,…

The main benchmark of cryptocurrencies slowed down its movement near the resistance level located at $ 45,000. Investors were in the waiting mode for an important meeting of the US Federal Reserve, in which Jerome Powell announced a softer start to the zero interest rate breakaway. Instead of rising to 0.75 basis points, the regulator,…