Bitcoin and Ethereum Slip Ahead of US Consumer Confidence Report: Technical Analysis
Bitcoin and Ethereum, two of the largest cryptocurrencies in the market, have recently slipped in value ahead of the release of the US consumer confidence report. As a result, many crypto investors are eagerly watching to see what the report reveals and how it could impact the value of Bitcoin, Ethereum, and other cryptocurrencies. Bitcoin, which had been trading above $23,200 earlier in the week, has now slipped below this level. As of On February 28, 2023, Bitcoin traded at approximately $23,000, indicating a 4% drop in the last 24 hours. Similarly, Ethereum was trading at around $1,662, which represents a decline of around 6% over the same period. Anticipation…