Ordinals Surge as Bitcoin Fees Reach New Highs
The ongoing inflation tussle has sparked a rally in cryptocurrencies, with MKR and XRP leading the charge. MKR, the second-largest cryptocurrency by mThe Bitcoin price has been trending downwards on the 100-day chart, with the latest pause at $37,000. The RSI level is currently at 37, indicating thaThe cryptocurrency market saw a mix of gains and losses on Tuesday, with Bitcoin (BTC) and Ethereum (ETH) rising, while XRP (XRP) and NEO (NEO) fell.
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Crypto Markets Surge as Ethereum Rallies and Bitcoin Hits Record Highs
Bitcoin reached a key level of resistance at $12,000 on Wednesday, but failed to break through, leading to a pullback to $11,359. Ether also slipped,The founder of the cryptocurrency exchange FTX, Sam Bankman-Fried, has been charged with fraud and conspiracy by the US Department of Justice (DOJ). TThe recent collapse of FTX, a cryptocurrency derivatives exchange, has raised eyebrows due to its eerie similarities with the infamous Enron scandal.
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