BITCOIN

U.S. Treasury Secretary Janet Yellen has warned that gas prices could rise again this year. “It’s a risk that we’re working on the price cap to try to address,” she stressed. “Our price cap proposal is designed to both lower Russian revenues … while also maintaining Russian oil supplies that will help to hold down global oil prices.” Janet Yellen on Gas Price Increase, Inflation, EU Sanctions, and Russian Oil Treasury Secretary Janet Yellen talked about the U.S. economy, inflation, gas prices, and Russian oil in an interview on CNN’s “State of the Union” Sunday. When asked whether Americans should be worried about gas prices rising again later this year, Yellen replied: Well, it’s a risk. And it’s a risk that we’re working on the price cap to try to address. “Our price cap proposal is designed to both lower Russian revenues that they use to support their economy and fight this illegal war, while also maintaining Russian oil supplies that will help to hold down global oil prices...

After rising to a multi-week high over the weekend, ethereum consolidated on Monday, as market uncertainty increased ahead of tomorrow’s Merge. The token, which continues to trade above $1,700, fell from Sunday’s high, as bulls likely liquidated previous positions. Bitcoin remained higher, rising for a sixth straight session. Bitcoin Bitcoin ( BTC ) rose for a sixth straight session to start the week, as sentiment in cryptocurrency markets remained mostly bullish. BTC /USD rose to a high of $22,244.38 earlier in today’s session, less than 24 hours after trading at a low of $21,493.03. Today’s rally sees the token now up by over 12% in the last seven days, with some expecting further surges this week. Looking at the chart, the recent bullish momentum has led to price strength moving towards overbought territory. As of writing, the 14-day relative strength index (RSI) is currently tracking at 59.67, and this comes following a recent breakout of the 55.40 resistance point. In addi...