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FinTecBuzz

Crypto Miners Adapt to the Quickly Shifting Market Landscape

Crypto Currencies

Crypto Miners Adapt to the Quickly Shifting Market Landscape

October 8, 202116 min

The price of Bitcoin was once again above the USD 50,000 mark after Bank of America Corp. strategists announced support for crypto as a new asset class. As reported by Bloomberg, with its latest rally, Bitcoin has broken through two key resistance levels and is now trading at the higher end of its two-month-long consolidation range, according to a report from Arcane Research. The coin hovered around USD 45,000 for a while before finally breaking out. That means the USD...

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