Bitcoin Holds Steady, Ethereum Rises, Dogecoin Falls: A Look At Crypto Volatility Into Holiday Weekend
Published by
Benzinga
Benzinga
The crypto sector was trading mixed during Friday’s 24-hour trading session, with Bitcoin (CRYPTO: BTC) holding near flat, Ethereum (CRYPTO: ETH) spiking up over 3% and Dogecoin (CRYPTO: DOGE) falling about 1.2%. Bitcoin was trading in tandem with the general market, which saw the S&P 500 looking to close flat after Personal Consumption Expenditures (PCE) index inflation fell to its lowest point since March 2021 in November, increasing optimism the Federal Reserve will begin a rate cut campaign next year. From a technical analysis standpoint, Bitcoin is consolidating its recent break up from a…