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Some cryptocurrencies gave up their gains yesterday as $BTC slid below $19,000, and $DXY took a rally to 112, which is considered negative for #bitcoin price.
In #Coin360 Daily Digest:
In #Coin360 Daily Digest:
1/ In the pic:
@CFTC @harmonyprotocol @dbsbank @Coinsquare @CoinSmart @Chain @Patriots @BlockdaemonHQ @3commas_io @hadeaninc @TheMonkeyLeague @acmilan @ValourGlobal @cronos_chain @XinFin_Official @feiprotocol @bitfinex @terra_money @ton_blockchain
@CFTC @harmonyprotocol @dbsbank @Coinsquare @CoinSmart @Chain @Patriots @BlockdaemonHQ @3commas_io @hadeaninc @TheMonkeyLeague @acmilan @ValourGlobal @cronos_chain @XinFin_Official @feiprotocol @bitfinex @terra_money @ton_blockchain
2/ $BTC failed to break $19,500 today.
It is trading under $18,800 at the time of writing, posting a 1.4% drop in the past 24h. Traders are waiting for Powell's comments at the "Fed Listens" event.
Macro, #BTC & #ETH technical analysis: coin360.com/news/btc-afloa…
It is trading under $18,800 at the time of writing, posting a 1.4% drop in the past 24h. Traders are waiting for Powell's comments at the "Fed Listens" event.
Macro, #BTC & #ETH technical analysis: coin360.com/news/btc-afloa…
After a short rebound, the crypto market came back down on fears of a potential implosion as 3AC was facing serious insolvency risks. In #Coin360 Daily Digest👇
@Immutable @DecentralGames @decentraland @sknupsgg @dolcegabbana @LidoFinance @FTX_Official @BitvoCrypto @PolyNetwork2
@Immutable @DecentralGames @decentraland @sknupsgg @dolcegabbana @LidoFinance @FTX_Official @BitvoCrypto @PolyNetwork2
1/ $BTC was wandering around the $20k support level with the RSI falling to the deeply oversold stages.
This suggested a short-term relief rally, but if #BTC breaks support, a new round of liquidations will occur. Traders should beware of the sell-off as:
This suggested a short-term relief rally, but if #BTC breaks support, a new round of liquidations will occur. Traders should beware of the sell-off as:
2/ $ETH faced a similar situation as it was entering the oversold level, but traders were afraid of a drop to $1k which could push the price lower.
Follow the market with our heatmap: coin360.com
Follow the market with our heatmap: coin360.com
We had been seeing green for most of the day as more assets recorded a relief rally. In #Coin360 Daily Digest 👇
@TrueGlobalVCs @circlepay @animocabrands @TinyTapit @HuobiGlobal @HuobiTH @InverseFinance @ankr @optimismPBC @AcalaNetwork @pendulum_chain @amplitude_chain
@TrueGlobalVCs @circlepay @animocabrands @TinyTapit @HuobiGlobal @HuobiTH @InverseFinance @ankr @optimismPBC @AcalaNetwork @pendulum_chain @amplitude_chain
1/ $BTC failed to cross $23k overnight and went back to its $21k level. As the rate hike seemed to be priced into the market, the market leader didn't make big moves.
@intotheblock data suggested a potential bottom as it spotted the largest #BTC inflow since Feb.
@intotheblock data suggested a potential bottom as it spotted the largest #BTC inflow since Feb.
2/ $ETH spiked by 4%+ today, but traders warned of a possible bull trap amid @CelsiusNetwork and 3AC's risks.
$TRX was among the top gainers as @trondaoreserve announced to withdraw 3B #TRX to protect $USDD peg. Other winners were $EGLD $THETA $HNT $SOL with double-digit gains.
$TRX was among the top gainers as @trondaoreserve announced to withdraw 3B #TRX to protect $USDD peg. Other winners were $EGLD $THETA $HNT $SOL with double-digit gains.
We have entered very rough waters as $BTC got lower than $20,700. Today in #Coin360 Daily Digest 👇
@Tether_to @CelsiusNetwork @trondaoreserve @trondao @usddio @nftport_xyz @TAGHeuer @filecoingreen @FilFoundation @nansen_ai @chainlink @MoonbeamNetwork @ElrondNetwork
@Tether_to @CelsiusNetwork @trondaoreserve @trondao @usddio @nftport_xyz @TAGHeuer @filecoingreen @FilFoundation @nansen_ai @chainlink @MoonbeamNetwork @ElrondNetwork
1/ $BTC marked an 8%+ drop in the past 24h and dropped to below $20,700 at the time of writing. With the price action, many analysts doubted #BTC's ability to sustain the low $20,000 zone for long.
$BTC number of addresses in loss (7d MA) reached an ATH:
$BTC number of addresses in loss (7d MA) reached an ATH:
2/ $ETH was bleeding to under $1.1k following $BTC's plunge. The percentage of @ethereum addresses in profit has dropped to the lowest level since April 2020, as per @intotheblock:
