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Tag: Crypto market

Crypto market news and updates, crypto market cap, and charts.

Crypto Market Recap: Prolonged Consolidation, Shorted Altcoins, and Regulatory Scrutiny

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With Bitcoin (BTC) and Ethereum (ETH) seemingly stuck in consolidation after recent gains, the crypto market presents a mixed picture today July 17, 2023. The trend of consolidation for these premier assets is offset by major activity in the altcoin market, as the BNB Token faces a heavy shorting according to the perpetual futures data. The funding rates have slipped to their most negative in nearly three months, indicating an intense bearish...

$BNB, Bitcoin, Compound, Crypto market, Cryptocurrencies, Ethereum, Lido

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Crypto Market Update: Bitcoin at Crossroads Amid Macro Conditions

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Bitcoin is holding its $30K line in the sand as it kicks off a new week. However, it’s not a day at the beach for investors. There’s agitation over the prospects of an even tighter money supply after sixteen months of risk-doubting rate hikes. All eyes turn to the June Consumer Price Index (CPI) report, which drops on Wednesday. Economists expect a 3.1% increase in prices for the 12-month period ending at the end of June. That’d...

Aave, Bitcoin, Compound, Crypto market, Cryptocurrencies, Ethereum

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Crypto Market Update: Bitcoin Holds Steady, Solana Gains

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The current state of the cryptocurrency market, including updates on Bitcoin, Solana, and eCash. Overview: The cryptocurrency market is confronting steamy conditions today. Bitcoin is holding steady at around $31,180.70 as of 7:40 a.m. (EST), after hitting roughly $31,480 earlier in the day. This level has not been seen since early June of last year. More positive news from BlackRock, the largest money manager, appears to have provided a...

$SOL, Bitcoin, Crypto market, Cryptocurrencies

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Crypto Market Update: July 3, 2023

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The crypto market has seen renewed institutional interest since June 2023. Major financial institutions such as BlackRock and other leading U.S. asset managers have made fresh appeals to the Securities and Exchange Commission to approve a new form of Bitcoin exchange-traded fund. Meanwhile, a consortium of Wall Street heavy hitters launched a brand new crypto exchange called EDX Markets. As new, more responsible crypto trading products are coming...

Bitcoin, Crypto market, Cryptocurrencies, News

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The State of the Crypto Market: June 28, 2023

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The cryptocurrency market experienced a period of stagnation on June 28, 2023. Bitcoin (BTC) hovered around $30,424, with investors eagerly awaiting positive momentum to guide their buying decisions. Despite the correlation with the US stock market remaining low due to domestic news, the longer the consolidation period for BTC persists, the higher the likelihood of a minor decline in the leading cryptocurrency. Key support levels for BTC are at...

Binance, Coinbase, Crypto market, Cryptocurrencies, Fidelity

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