High Volatility in the Crypto Currency Market Before the FED’s Interest Rate Decision!

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It has experienced a high depreciation rate in combination with the downward price movements it has recorded recently Bitcoin, The day of December 15, when the FED will announce its interest rate decision, its volatility began with high price movements. Ethereum on the other hand, it experienced a low-rate value increase by rising from the price levels of $ 3,700 to the price levels of $ 3,800.

Bitcoin (BTC)

Bitcoin has declined to the price levels of $42,000, albeit for a short time, after back-to-back depreciation since the $69,000 ATH level it recorded. The leading cryptocurrency, which has repeatedly tested the price levels of $ 50,000 in the process, failed in its attempt to overcome the resistance levels and again fell to the price levels of $ 48,000. Moreover, after testing the insurmountable resistances in Bitcoin, the price level reached the $ 46,000 band.

Bitcoin, which declined to the price levels of 46.000 dollars after the depreciation it recorded, gained upward momentum with the price movements it made late on December 14 and began trading at the price levels of 48.100 dollars.

I ethereu (ETH)

Ethereum, which has broken the 4.000 dollar support level downwards along with the downward price movements it has recorded in recent days, has lost value at high rates.  Ethereum began trading at the price levels of 3.700 dollars after the value increases it started to realize on the evening of December 14, at the price levels of 3.850 dollars.

High Market Value Altcoins

According to data from CoinGecko, top ten crypto currency market with the value between 1% loss of value under noting Binance Coin (BNB) altcoin all except 24-hour zones recorded time increases in value in various proportions.

The information contained in this article absolutely does not contain investment advice. Investors should know that crypto currencies have high volatility, so they carry risks, and they should conduct their transactions in accordance with their own research.

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