December 14 BTCUSD BingX Chart Analysis and Today's Headline
BingX’s Bitcoin Chart
According to the U.S. Bureau of Labor Statistics, U.S. inflation rose 7.1% versus the expectations of 7.3%. Core inflation, which excludes more volatile food and fuel costs, increased 6% versus expectations of 6.2%. Bitcoin is up 3.7% over the last 24 hours and rose to an intraday high of $18,000.00. The largest cryptocurrency hit new one-month highs on Dec. 13 as markets responded to U.S. inflation data with optimism. The relative strength index (RSI) is above 50, suggesting the bulls are dominating the market. If the outcome of the FOMC meeting is better-than-expected, the BTC/USDT pair could rise to the 50-day MA ($18,711).
Today’s Cryptocurrency Headline
Judge Approves Galaxy Digital's Deal to Acquire GK8
Judge Martin Glenn has approved the sale of cryptocurrency self-custody platform GK8 to Galaxy Digital, according to a court order issued on Tuesday. Terms of the deal were not disclosed, but Galaxy spokesman Michael Wursthorn said earlier that the price was materially less than what Celsius paid for it a year ago. About 40 people will join Galaxy's team, including blockchain engineers and cryptographers.
Disclaimer: BingX does not endorse and is not responsible for or liable for any content, accuracy, quality, advertising, products, or other materials on this page. Readers should do their own research before taking any actions related to the company. BingX is not responsible, directly or indirectly, for any damage or loss caused or alleged to be caused by or in connection with the use of or reliance on any content, goods, or services mentioned in the article.
According to the U.S. Bureau of Labor Statistics, U.S. inflation rose 7.1% versus the expectations of 7.3%. Core inflation, which excludes more volatile food and fuel costs, increased 6% versus expectations of 6.2%. Bitcoin is up 3.7% over the last 24 hours and rose to an intraday high of $18,000.00. The largest cryptocurrency hit new one-month highs on Dec. 13 as markets responded to U.S. inflation data with optimism. The relative strength index (RSI) is above 50, suggesting the bulls are dominating the market. If the outcome of the FOMC meeting is better-than-expected, the BTC/USDT pair could rise to the 50-day MA ($18,711).
Today’s Cryptocurrency Headline
Judge Approves Galaxy Digital's Deal to Acquire GK8
Judge Martin Glenn has approved the sale of cryptocurrency self-custody platform GK8 to Galaxy Digital, according to a court order issued on Tuesday. Terms of the deal were not disclosed, but Galaxy spokesman Michael Wursthorn said earlier that the price was materially less than what Celsius paid for it a year ago. About 40 people will join Galaxy's team, including blockchain engineers and cryptographers.
Disclaimer: BingX does not endorse and is not responsible for or liable for any content, accuracy, quality, advertising, products, or other materials on this page. Readers should do their own research before taking any actions related to the company. BingX is not responsible, directly or indirectly, for any damage or loss caused or alleged to be caused by or in connection with the use of or reliance on any content, goods, or services mentioned in the article.
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