Category: Struggles
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Mexican peso struggles amid President-elect’s reform plans By Investing.com
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Investing.com – The Mexican peso faced pressure as it approached a recent peak of 18.60 in overnight trade in Asia. The move comes after Mexico’s president-elect, Claudia Sheinbaum, announced that judicial reform would be an early topic of the new congress in September. The peso has already weakened by 8%…
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Meme Coins in Retreat as Bitcoin (BTC) Struggles to Maintain $71K (Market Watch)
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Bitcoin’s price rally was halted at just under $72,000 despite impressive ETF inflows yesterday, and the asset has fallen by about a thousand since then. Most altcoins are also slightly lower today after yesterday’s big gains, but BNB is still above $700, while LINK is down 3%. BTC is struggling…
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Bitcoin Price Struggles: Can the Leading Cryptocurrency Start Fresh Increase?
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Bitcoin price continued its decline below the $68,000 level. BTC is now slowly moving towards the $66,250 support area in the near term. Bitcoin extended its bearish correction below the $68,000 area. The price is trading below $68,500 and the 100 hourly simple moving average. There is a major bearish…