In relation to the US dollar, the price of ether is stumbling and falling from the $1,840 resistance level; it is currently trading below $1,750 and the 100 hourly simple moving average. On the hourly chart of ETH/USD, there is a break below a significant bullish trend line with support close to $1,765. If there is a clear move below the $720 support, the pair may decline even further. Although resistance is present near $1,755 and the 23.6% Fib retracement level of the most recent decline, the price of Ethereum is currently trading below $1,750 and the 100 hourly simple moving average. The price may continue to decline if it fails to overcome the next significant resistance, which is located close to the $1,780 area. News sorce

As a result of the global banking crisis driving investors to cryptocurrencies, Solana (SOL) and Chainlink (LINK) both increased by as much as 8% to start the week. The intraday highs for SOL/USD and LINK/USD were both $23.83 for SOL and $7.38 for LINK, respectively. As of right now, LINK is trading nearly 10% higher than it was at the same point last week, while Solana has reached its highest point since late-February. News Sorce

The Crypto Fear and Greed Index has hit its highest level since Bitcoin’s all-time high, placing it firmly within the “Greed” territory. Since the demise of Silicon Valley Bank and the repercussions for the conventional financial system, sentiment towards the cryptocurrency market has been bullish. Bitcoin has been predicted to reach $36,000 in the next few months, with Charles Edwards predicting an even more ambitious price target of $100,000 in 2023. The failure of banks and modifications to federal monetary policies, according to Ryan Selkis, founder and CEO of the crypto analytics company Messari, could lead to BTC reaching this level. Bitcoin has gained 51% in year-to-date absolute returns, according to Goldman Sachs, making it the best performing asset this year. News Sorce

Due to the US’s hyperinflation, Balaji Srinivasan has staked $1 million on Bitcoin’s price reaching $1 million in the next 90 days. Balaji agreed to James Medlock’s $1 million wager when he made it known that the US wouldn’t experience hyperinflation. With the betting terms, other Twitter users assisted in setting up a smart contract. The future of the U.S. economy was the subject of a bet between Srinivasan and Medlock, with Srinivasan predicting an oncoming catastrophe that will cause the dollar to deflate and hyperinflation. In 2023, the price of bitcoin is projected to soar by 66%, outpacing Wall Street bank equities, up 65% year to date. News Sorce

The Bitcoin Fear and Greed Index has reached a 16-month high of 64 as traders seem upbeat about the coin’s future. According to the index’s reading on Mar. 18, traders are “greedy” and attempting to buy more coins in order to continue the march higher. Following a string of significant occurrences that rattled the traditional financial markets, capital was forced to censorship-resistant and trustless assets, primarily bitcoin and other cryptocurrencies like ethereum, which have seen fast growth (ETH). The Federal Reserve, the country’s central bank, is reportedly providing a safety net for faltering banks, which is fuelling chatter that they are returning to easing and feeding the bull run in cryptocurrencies like bitcoin. News Sorce

In today’s session, Solana (SOL) and Ethereum Classic (ETC) both increased by as much as 12% as the weekend cryptocurrency markets surged. SOL/USD increased to its greatest level since late-February, and ETC/USD reached a high of $22.46, its best level since February 22. The rise happened at the same time that the 14-day RSI broke through a ceiling at 58.00. Bulls may try to push the token to $23.00, which is the coin’s next important price level for SOL, in the near future. News Sorce

Molly White compared the current plight of crypto companies to that of 2017 and 2018, when they encountered “trouble accessing banking” and lacked institutional acceptance. She thinks that businesses considering banking options may have to deal with “shadier” options like shadow banks. Due to the company’s ties to cryptocurrency businesses, the New York Department of Financial Services’ decision to shut down Signature Bank was an overreach on the part of the authorities. News Sorce