Three cryptocurrencies in comparison: Bitcoin, Ethereum and Ripple. On the picture you can see the respective coins ETH, BTC and XRp.
Welcome to our CryptoMonday weekly review of KW 02. As usual there was a lot to report this week and so it is not surprising that we can come up with a whole range of interesting news again.
Our topics this week range from the US $ 1.9 trillion economic stimulus program and its effects on the Bitcoin course, the increasingly scarce supply from ETH and what that means for the future Ethereum course, further background information on the SEC lawsuit against Ripple to a 520,000,000 XRP transaction that caused a stir this week.
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And of course that was far from all! But that’s enough of the preface. Have fun with our CryptoMonday weekly review!
Afterwards, let us know what the most exciting or significant events were for you this week and discuss them with our community on Telegram .
Bitcoin price slipped below $ 35,000 after Biden introduced a 1.9 trillion stimulus package
Illustration of the US dollar burning down, cryptocurrency
Positive reactions to a $ 1.9 trillion stimulus package caused the Bitcoin price to slide again this Thursday
The Bitcoin price fell on January 15, just below the $ 35,000 mark after a seemingly erstarkter US dollar pressure on the largest cryptocurrency the world exercised. However, the price of BTC found a level of support at $ 34,300 that cushioned the sudden fall somewhat.
This again leaves open where the journey for the Bitcoin course will go next. In this article we take up the current developments and point out a possible bullish as well as a potential bearish scenario for the Bitcoin price. Read more .