Ethereum USD

Bitcoin and Ether traders are increasingly confident that former President Trump will win the US Presidential election, with prediction markets pricing in 60%+ odds of a Trump victory.

There’s no denying that the technical outlook on Bitcoin is more bullish than it’s been in weeks if not months

Massive stimulus announcements from China and solid US economic data have kept cryptoassets bid - is Crypto Summer back?

US election prediction markets have tightened following the debate, a potential headwind for cryptoassets

Bitcoin and Ether struggled as last week’s data underscored the shift in the market’s focus from inflation to the labor market and health of the consumer.

Surprising no experienced crypto market participant, the launch of cash Ethereum ETFs led to a classic “sell the news” reaction in ETH/USD’s price.

While Bitcoin's near-term momentum clearly favors the bulls after a big rally last week, the next leg of this bullish cycle won’t start in earnest until we see a confirmed breakout above the record highs in the $74K zone

The technical outlook for both Bitcoin and Ether would improve with rallies above the key $60K and $3300 levels respectively.

The Biden Administration has turned pro-crypto overnight, boosting the odds of a spot ETH ETF approval later today.

A rise of 7% and 20% respectively fuelled by what appears another imminent ETF listing of the crypto

Welcome to another edition of Technical Tuesday, a weekly report where we highlight some of the most interesting markets that will hopefully appease technical analysts and traders alike. In this week’s report, we will analysis the EUR/USD, FTSE and Ether following recent bullish price action in all these markets.