Price analysis 3/5: BTC, ETH, ADA, BNB, DOT, XRP, UNI, LTC, LINK, BCH By Cointelegraph

Price analysis 3/5: BTC, ETH, ADA, BNB, DOT, XRP, UNI, LTC, LINK, BCH

CryptocurrencyMar 05, 2021 05:40PM ET

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Price analysis 3/5: BTC, ETH, ADA, BNB, DOT, XRP, UNI, LTC, LINK, BCH

Analysts expect the U.S. economy to stage a strong recovery in the second half of this year as coronavirus vaccines are distributed and economic activity begins to increase. As growth picks up, inflation concerns are also on the rise. Speculation is rife that the U.S. Federal Reserve may have to adjust its dovish stance to hold down interest rates.

In anticipation, the 10-year U.S. Treasury yield has jumped from about 1% at the start of the year to 1.626%. This has resulted in profit-booking in assets considered as risky and as equities pullback, a temporary pause may be put on Bitcoin’s (BTC) rally.

Daily cryptocurrency market performance. Source: Coin360

BTC/USDT daily chart. Source: TradingView

ETH/USDT daily chart. Source: TradingView

ADA/USDT daily chart. Source: TradingView

BNB/USDT daily chart. Source: TradingView

DOT/USDT daily chart. Source: TradingView

XRP/USDT daily chart. Source: TradingView

UNI/USDT daily chart. Source: TradingView

LTC/USDT daily chart. Source: TradingView

LINK/USDT daily chart. Source: TradingView

BCH/USD daily chart. Source: TradingView

Continue Reading on Coin Telegraph

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US 30 Futures	34,056.0	+133.0	+0.39%
US 500 Futures	4,172.62	+10.12	+0.24%
Dow Jones	34,200.67	+164.68	+0.48%
S&P 500	4,185.47	+15.05	+0.36%
Nasdaq	14,052.34	+13.58	+0.10%
S&P 500 VIX	16.25	-0.32	-1.93%
Dollar Index	91.530	-0.088	-0.10%

Crude Oil WTI	63.08	-0.38	-0.60%
Brent Oil	66.71	-0.23	-0.34%
Natural Gas	2.686	+0.028	+1.05%
Gold	1,776.90	+10.10	+0.57%
Silver	26.032	+0.068	+0.26%
Copper	4.1665	-0.0520	-1.23%
US Soybeans	1,433.25	+15.25	+1.08%

SPDR S&P 500	417.26	+1.39	+0.33%
iShares Russell 2000	224.65	+0.36	+0.16%
Invesco QQQ Trust	342.01	+0.40	+0.12%
Direxion Daily Junior Gold Miners Bull 2X Shares	97.15	+2.12	+2.23%
iShares Silver	24.09	+0.06	+0.25%
ProShares Ultra VIX Short-Term Futures	4.48	-0.13	-2.82%
ProShares UltraPro QQQ	111.81	+0.47	+0.42%

Apple	134.16	-0.34	-0.25%
Alphabet A	2,282.75	-2.50	-0.11%
Tesla	739.78	+0.93	+0.13%
Amazon.com	3,399.44	+20.35	+0.60%
Netflix	546.54	-2.68	-0.49%
Facebook	306.18	-1.64	-0.53%
Bank of America	39.15	+0.41	+1.06%

Price analysis 3/5: BTC, ETH, ADA, BNB, DOT, XRP, UNI, LTC, LINK, BCH

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