Bitcoin price is sideways, silver hits a 7-year high and XRP’s rally pops

February 1, 2021February 16, 2021 Jeannine Cruz Bitcoin, BTC, Ripple, XRP

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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Jeannine Cruz

Jeannine Cruz– Earnings I am known as Jeannine Cruz, I am a writer and an industrialist by profession. My age is 32 years. My aim is to gather the attention of the targeted audience without being boring and unexciting. I like to utilize the free time in writing my views and thoughts for my book lovers or readers. My most preferred articles are usually about finance and business; however, I have written various topics in my articles. I do not have a specific genre. I get very creative when I have to express myself, I often sing, write or draw to portray my feelings. When it comes to my free time or you can say ‘ME-TIME’, I love to play with my cat, sleep an extra hour, or play my favorite video games.