Bitcoin Dips Below $28,000 on Crypto Market: Dogecoin, Solana, and Shiba Inu Experience up to 8% Decrease
Bitcoin and other major cryptocurrencies have seen a decline, with Bitcoin falling below the $28,000 mark. One potential factor of this decline is crypto-focused regulatory action, with China banning financial institutions from offering services involving cryptocurrencies this weekend. Ethereum also dropped over 2% to fall below the $1,800 level. However, hedera (HBAR) still boasts a 100% year-to-date growth, despite experiencing a 4% decline in the past day. HBAR’s major levels include resistance at $0.074, $0.077 and $0.085, and support at $0.069, $0.067 and $0.058. The unstable crypto market has led investors to eagerly await new productivity and jobs data in the US this week before deciding on next steps.
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