cryptocurrencies

Economic Union of 15 West African States Voices Concerns Over Crypto Volatility

Several other risks in the crypto markets were identified by the union's members including shallow liquidity and a lack of legal parameters.

Ether is attempting to break above the 50-day moving average for the first time since March.

Independent deputy Jose Luis Ramon said his bill would promote greater autonomy and self-governance for Argentina's citizens.

The country's prosecutor general said crypto is increasingly used for bribes.

The month-long consolidation and declining volume suggest a volatile price move could occur as traders await confirmation of a decisive breakout.

China’s announcement preceded choppy price moves around $34,000, which left traders with little sense of direction.

Minor support is seen at $33,000, which is near the 100-day moving average on the four-hour chart.

Bitcoin is maintaining a series of higher lows from the June 22 shakeout around $29,000.

The cryptocurrency is expected to hold support above $30,000.

Bitcoin buyers are in profit-taking mode given strong overhead resistance.

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