February 3 BTCUSD BingX Chart Analysis and Today's Headline
BingX’s Bitcoin Chart
Bitcoin is down 1.55% over the last 24 hours and fell to an intraday low of $23,367.50. The largest cryptocurrency rose above the $24,000 price level yesterday, but the price could not maintain above $24,000, suggesting the seller remains active at a higher level. The upsloping moving averages and the relative strength index (RSI) near the overbought zone suggest that bulls are in control. The bulls will attempt to thrust the price above $24,000. If they succeed, the BTC/USDT pair could rise to $25,000.
Today’s Cryptocurrency Headline
VC Investment in Cryptocurrency Companies Plunged 91% in January
Investments in cryptocurrency companies plummeted 91% in January from a year earlier, according to CoinDesk. Venture capital (VC) and other investments in privately held crypto startups amounted to $548 million last month, a huge drop from $6 billion in January 2022. The number of deals fell from 166 to 62, and most of the 2023 deals were for smaller, early-stage companies. In January 2022, there were 17 rounds of investment exceeding US$100 million, while this year there was only 1 financing of more than US$100 million.
Disclaimer: BingX does not endorse and is not responsible for or liable for any content, accuracy, quality, advertising, products, or other materials on this page. Readers should do their own research before taking any actions related to the company. BingX is not responsible, directly or indirectly, for any damage or loss caused or alleged to be caused by or in connection with the use of or reliance on any content, goods, or services mentioned in the article.
Bitcoin is down 1.55% over the last 24 hours and fell to an intraday low of $23,367.50. The largest cryptocurrency rose above the $24,000 price level yesterday, but the price could not maintain above $24,000, suggesting the seller remains active at a higher level. The upsloping moving averages and the relative strength index (RSI) near the overbought zone suggest that bulls are in control. The bulls will attempt to thrust the price above $24,000. If they succeed, the BTC/USDT pair could rise to $25,000.
Today’s Cryptocurrency Headline
VC Investment in Cryptocurrency Companies Plunged 91% in January
Investments in cryptocurrency companies plummeted 91% in January from a year earlier, according to CoinDesk. Venture capital (VC) and other investments in privately held crypto startups amounted to $548 million last month, a huge drop from $6 billion in January 2022. The number of deals fell from 166 to 62, and most of the 2023 deals were for smaller, early-stage companies. In January 2022, there were 17 rounds of investment exceeding US$100 million, while this year there was only 1 financing of more than US$100 million.
Disclaimer: BingX does not endorse and is not responsible for or liable for any content, accuracy, quality, advertising, products, or other materials on this page. Readers should do their own research before taking any actions related to the company. BingX is not responsible, directly or indirectly, for any damage or loss caused or alleged to be caused by or in connection with the use of or reliance on any content, goods, or services mentioned in the article.
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