China News Daily TheBitTimes.com

BSV surged 71% in 24 hours on positive sentiment and ETF anticipation. Shiba Memu (SHMU) gains traction for its AI-driven marketing and interactive dashboard. Bitcoin’s outlook remains promising with expected ETF approval but demands a cautious approach. Bitcoin SV (BSV) has witnessed a remarkable surge, with its price climbing an astounding 71% in just 24 hours . This meteoric rise in BSV’s value has caught the attention of both crypto enthusiasts and investors. In this article, we’ll delve into the factors contributing to this surge and explore The Bitcoin SV price prediction. We will also touch upon an intriguing newcomer in the crypto world, Shiba Memu, currently in the midst of an exciting presale. Bitcoin SV soars: a 71% price surge In recent hours, Bitcoin SV has experienced an astonishing price surge. At the time of writing, the cryptocurrency is trading at $53.89, marking a substantial 71% increase over the past 24 hours. This su...

Cryptocurrency prices lurched higher on Wednesday in wake of more dovish than expected remarks from Fed Chairman Jerome Powell, who was speaking as usual in the post-Fed policy announcement press conference. Risk assets, including stocks, surged as Powell acknowledged that the central bank has made progress in its fight against inflation and said that the “dis inflation process has started”. Powell’s comment came shortly after the Fed announced a widely expected 25 bps hike to the Federal Funds target range to 4.50-4.75%. Bitcoin was last trading close to $23,700s, now up around 2.7% on the day and up closer to 4.0% versus its prior post-Fed lows in the $22,700s. Ethereum was last up an even more impressive over 3.5% on the day in the $1,640s. The world’s second-largest cryptocurrency by market capitalization is now threatening an upside break of a short-term pennant structure that would open the door to a quick run higher towards resistance...