hello, welcome to this BTC/USDT update by CRYPTO SANDERS.
CHART ANALYSIS:- Bitcoin (BTC) was back in the green on Tuesday, as the cryptocurrency made marginal gains during today’s session.
The move came as Paypal announced its USD stablecoin, which will be hosted on the ethereum blockchain.
Following the news, CEO Dan Schulman said: “Our commitment to responsible innovation and compliance, and our track record delivering new experiences to our customers, provides the foundation necessary to contribute to the growth of digital payments through Paypal USD.”
BTC/USD rose to a peak of 29,402.65 on the news, following a low of 28,724.14 the day prior.
Today’s peak sees bitcoin trade at its highest point since last Wednesday when it was above 30,000.
Tuesday’s rally has also brought the 10-day (red) moving average to the cusp of an upwards crossover with its 25-day (blue) counterpart.
I have tried to bring the best possible outcome to this chart.
Hit the like button if you like it and share your charts in the comments section.
Thank you
CHART ANALYSIS:- Bitcoin (BTC) was back in the green on Tuesday, as the cryptocurrency made marginal gains during today’s session.
The move came as Paypal announced its USD stablecoin, which will be hosted on the ethereum blockchain.
Following the news, CEO Dan Schulman said: “Our commitment to responsible innovation and compliance, and our track record delivering new experiences to our customers, provides the foundation necessary to contribute to the growth of digital payments through Paypal USD.”
BTC/USD rose to a peak of 29,402.65 on the news, following a low of 28,724.14 the day prior.
Today’s peak sees bitcoin trade at its highest point since last Wednesday when it was above 30,000.
Tuesday’s rally has also brought the 10-day (red) moving average to the cusp of an upwards crossover with its 25-day (blue) counterpart.
I have tried to bring the best possible outcome to this chart.
Hit the like button if you like it and share your charts in the comments section.
Thank you
