Market Outlook

Geopolitical risks shook markets on Friday as BTC dipped below $43K.

Major altcoins could see further declines if they lose important support levels, traders said.

Las principales criptomonedas alternativas podrían experimentar mayores descensos si pierden niveles importantes de soporte, dijeron distintos traders.

The address, containing more than $715,000 of USDT stablecoins, traces back to hackers who stole $3 million from Multichain users.

After soaring past $45,000, the cryptocurrency fell to under $44,000; ether and other major altcoins were in the red.

BTC is approaching overbought levels, although pullbacks could stabilize at between $40K and $43K.

Bitcoin traders keep track of the inflation rate because some think of the cryptocurrency as an inflation hedge, and the Federal Reserve's expected response to economic conditions often dictates market direction.

A new play-to-earn mobile game on Flow lets players into the Olympics action from the Winter Games in Beijing.

The firm cites concerns over the country's ability to service debt, its concentration of power in the presidency and adoption of bitcoin as legal tender.

The price of Leash, a Shiba Inu ecosystem token, was up nearly 50% following the announcement.

The payments token regained a market cap of $40 billion, moving above Cardano's ADA and Solana's SOL.

BTC has confirmed a break above its two month-long downtrend.