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Bitcoin price surges to $43K, but traders warn that ‘real pain’ is due for altcoins -Breaking


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(BTCAfter the biggest cryptocurrency failed to break resistance at $42,000 above, cryptocurrencies fell slightly in the Wall Street open Jan. 11, but new comments by Jerome Powell (US Federal Reserve Chair) appear to have given markets a lift.

1-hour candlechart (Bitstamp). TradingView

Powell says that the United States will likely remain in low interest for some time. This is a statement because stocks and other risk-on assets such as cryptocurrencies appear to appreciate.

Crypto Fear & Greed Index. Source:
1-hour candlechart (Bitstamp). TradingView