Bitcoin price is sideways, silver hits a 7-year high and XRP’s rally pops
Source: Coin360In light of the sideways rate action, Ki Young Ju, the CEO of the cryptocurrency analysis firm CryptoQuant, identified a prospective bullish sign that may indicate a cost breakout in the near future for Bitcoin. The S&P 500, Dow and NASDAQ have all benefited from the positive price action on Feb. 1 and closed the day up 1.61%, 0.76% and 2.5% respectively. The price of UNI is up 17% and trading at $20.44 while SUSHI is up 28% and trading at a price of $12.73 UNI cost vs. SUSHI rate.
Source: Coin360In light of the sideways rate action, Ki Young Ju, the CEO of the cryptocurrency analysis company CryptoQuant, identified a prospective bullish indication that may indicate a cost breakout in the near future for Bitcoin. After rallying 147% to trade at $0.76 over night, XRP price corrected by 47% and currently the altcoin is attempting to retake the $0.40 level.In other news, Kraken cryptocurrency exchange joined Grayscale Investments in its effort to fight back against the proposed FinCEN self-hosted wallet guideline and the U.S. federal governments STABLE Act. The S&P 500, Dow and NASDAQ have actually all benefited from the positive price action on Feb. 1 and closed the day up 1.61%, 0.76% and 2.5% respectively. The rate of UNI is up 17% and trading at $20.44 while SUSHI is up 28% and trading at a rate of $12.73 UNI price vs. SUSHI price.
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