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Gate.io’s Daily Market Trends (June 3rd): Cryptocurrency Market Confidence Picks Up, Google to Unblock Exchange Ads
Gate.io’s Daily Market Trends (June 3rd): Cryptocurrency Market Confidence Picks Up, Google to Unblock Exchange Ads
2021-06-03 08:07:53 UTC
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As of 12:00 GMT, Bitcoin's price closed at $37,700.32. The Ethereum spot price closed at $2,738.43.
On the hourly time-frame, Bitcoin price saw five straight hourly highs. At 19:00 yesterday, the price was approaching $38,000. Bitcoin price then trended downward to $37,000. The two psychological levels for bitcoin today are $37,000 and $38,000. A breakout to the upside above $38,000 may ease market panic further. On a daily basis, the MACD indicator is getting stronger and the market buying signal continues to strengthen as it did in previous days. The day-to-day volatility effects on bitcoin spot trading price is becoming more prent, and Gate.io researchers remind investors to pay attention to short-term trading risks.
Click to read more: Gate.io’s Daily Market Trends June 3rd：Cryptocurrency Market Confidence Picks Up Google to Unblock Exchange Ads
Gate.io Blog
As a new information section of Gate.io, the Gate.io blog function will provide users with all-round investment support. It will offer the most timely information in the industry, as well as informative columns, exclusive research reports, interesting encyclopedia info, and other high-quality content. All of these combined will enable you to grasp the most valuable and high-quality information without leaving home.
We invite you to experience and bookmark this blog, in order to get essential investors tips.
Website: https://www.gate.io/en/blog/bloglist
*App will be launched soon, please keep an eye out for it!
Blog entry: “About-Gate Blog” at the bottom of Gate.io homepage.
Gate.io Blog will be updated at regular intervals. Stay tuned!
On the hourly time-frame, Bitcoin price saw five straight hourly highs. At 19:00 yesterday, the price was approaching $38,000. Bitcoin price then trended downward to $37,000. The two psychological levels for bitcoin today are $37,000 and $38,000. A breakout to the upside above $38,000 may ease market panic further. On a daily basis, the MACD indicator is getting stronger and the market buying signal continues to strengthen as it did in previous days. The day-to-day volatility effects on bitcoin spot trading price is becoming more prent, and Gate.io researchers remind investors to pay attention to short-term trading risks.
Click to read more: Gate.io’s Daily Market Trends June 3rd：Cryptocurrency Market Confidence Picks Up Google to Unblock Exchange Ads
Gate.io Blog
As a new information section of Gate.io, the Gate.io blog function will provide users with all-round investment support. It will offer the most timely information in the industry, as well as informative columns, exclusive research reports, interesting encyclopedia info, and other high-quality content. All of these combined will enable you to grasp the most valuable and high-quality information without leaving home.
We invite you to experience and bookmark this blog, in order to get essential investors tips.
Website: https://www.gate.io/en/blog/bloglist
*App will be launched soon, please keep an eye out for it!
Blog entry: “About-Gate Blog” at the bottom of Gate.io homepage.
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Gate.io Team
Jun 3, 2021
