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Today’s Cryptocurrency Headline
According to CoinDesk, Jack Mallers, the founder and CEO of Bitcoin payment provider Strike, announced at the Miami Bitcoin Conference that the Strike app is expanding its services from the current three countries (United States, El Salvador, and Argentina) to over 65 countries. The Strike app utilises Bitcoin and the Lightning Network to offer global payment and remittance services. The app supports users to hold funds in BTC and USDT.
BingX’s Bitcoin Chart
Bitcoin reached a high around $27,100 and a low around $26,600 yesterday. Following the impact of the Federal Reserve news, BTC displayed volatile price action, but eventually returned to a sideways movement. The current market situation remains a battle between bulls and bears, with expectations of continued consolidation over the weekend. On the daily chart, BTC Bollinger Bands are trending downwards. Support is seen around $26,000, and the MACD shows a divergence. Currently, the market is still caught between bullish and bearish forces, without a clear breakout from the $26,000-$27,000 range.
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