Bitcoin price began the Asian trading session flat, BTC changed hands at $16,815 based on data from CoinGecko. The recently released minutes from the Federal Open Market Committee December meeting did not paint a clear picture of what the majority of traders were expecting.
Ethereum network’s large wallet investors bought the recent dip in the altcoin’s price. On December 16, Ethereum hit a local price bottom at $1,168. While Bitcoin price remained largely unchanged in the first week of January, second-largest crypto by market capitalization bounced back above the $1,260.
Uniswap price has bounced off the $4.95 support level thrice since November 21, 2022, and has created a set of equal lows here. As a result of the importance of this level, there is sell-stop liquidity resting below it.
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