Crypto Transactions Surge
• Litecoin transactions have surged to all-time highs, as users seek alternatives to Bitcoin’s high fees.
• Bittrex has filed for bankruptcy in the U.S. state of Delaware.
• Ethereum deposits have topped withdrawals since Shapella went live last month.
Bitcoin and Ethereum Prices
The Bitcoin-Dollar pair saw a minor downwards correction of 0.1%. According to the CCI, this puts the market into an oversold position, with support at 26524.3333 and resistance at 29270.3333. The RSI for Ethereum-Dollar was largely unchanged and is currently in negative territory with support at 1778.5233 and resistance at 1917.9033.
Ripple dropped 0.7% against the Dollar in last session’s trading, with the Williams indicator pointing towards an oversold market, with support at 0.3889 and resistance at 0.4711 .
The Litecoin-Dollar pair skyrocketed 2.4% in the last session, with the RSI signalling a negative zone with support at 70.2933 and resistance at 88..9133
Today’s economic calendar includes a UK 10-y Bond Auction to set average yields on bonds auctioned off; US Consumer Price Index Core release; UK’s RICS Housing Price Balance release; all scheduled for 09:30 GMT, 12:30 GMT and 23:01 GMT respectively