Bitcoin, Ethereum Technical Analysis: BTC Back Above $22,000 as Silicon Valley Bank Depositors Are Rescued – Market Updates Bitcoin News

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Bitcoin, Ethereum Technical Analysis: BTC Back Above $22,000 as Silicon Valley Bank Depositors Are Rescued – Market Updates Bitcoin News
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BTC back above $22,000 as Silicon Valley Bank depositors are rescued.

/USD climbed to an intraday peak of $1,629.37 earlier in the day, less than 24 hours after falling to a low at $1,468.74.

Similar to bitcoin, this move saw the world’s second largest cryptocurrency hit its highest point in the past tendays.Overall, ethereum is now trading 1.22% higher than at the same point last week, as bulls appear to have reentered the market. This has resulted in a slight shift in momentum, with the 10-day moving average now trending upwards.could head back to resistance at $1,675.Tags in this story

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