Digital currencies are declining after a strong rise on Monday

Investors Await US Congressional Debates

 

Cryptocurrency markets saw a strong rally on Monday,

especially Bitcoin, which surpassed the $123,000 level.

On Tuesday, it recorded a decline of approximately 2%.

It is currently trading near the $116,000 level.

This decline is likely to continue in the coming days.

Ripple also fell by more than 1.6%,

trading near $2,803.

Investors are awaiting US Congressional debates this week.

Congress is scheduled to consider three bills

on cryptocurrencies aimed at clearly regulating the market

and enhancing market transparency.

 

Regarding Bitcoin technical analysis,

a new analysis has been uploaded of the most important expected buying areas.

You will find the analysis at the following link...

Here