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Bitcoin Spikes Following Good News from the Fed

The price of bitcoin went up a bit in early February after it was announced that the Federal Reserve was predicting decreased inflation for 2023. Bitcoin Jumps Following Positive Fed Remarks The words came by way of Jerome Powell, the Federal Reserve chair. He stated in an interview: We expect 2023 to be a year of significant declines in inflation. It’s our job to make sure that that’s the case. My guess is it will take certainly into not just this year, but next year to...

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Stellar Lumen (XLM) Price Accelerated Losses As Bears Take Control

Stellar lumen price is showing bearish signs below the $0.085 resistance zone against the US Dollar. XLM price is now trading below $0.085 and the 55 simple moving average (4-hours). There is a key bearish trend line forming with resistance near $0.0840 on the 4-hours chart (data feed via Kraken). The pair could start another decline if there is a clear move below the $0.0820 support. Stellar lumen price is trading below $0.085 against the US Dollar, similar to bitcoin....

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