Bitcoin And Ethereum Make Gains

Benzinga
Benzinga
  • 3 years ago
The Federal Reserve announced on Wednesday that it plans to accelerate its bond tapering program, triggering an intense response from the crypto market. Crypto analyst, Justin Bennett, believes that the Fed’s announcement is bullish for the crypto market. He also believes that Bitcoin and Ethereum are rallying on the dollar’s current weaknesses. Popular crypto influencer, Michael Van De Poppe, believes the bull market will continue and that Ethereum is done correcting. Altcoin Sherpa believes that Ethereum is in a better position than Bitcoin, and Pentoshi noted that he would like to see one last “flush” on Bitcoin before it surges once more. At press time, Bitcoin was up over 2%, coming within $500 of its 24-hour high.

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