動画はこちら
動画詳細
Bitcoin
Cryptocurrency
Ethereum
Market
“The prevailing optimism means momentum could continue regardless of near-term policy outcomes, although at higher market volatility,” said Katalin Tischhauser, Head of Research at Sygnum Bank.
Journalist
Sead Fadilpašić
Journalist
Sead Fadilpašić
About Author
Sead specializes in writing factual and informative articles to help the public navigate the ever-changing world of crypto. He has extensive experience in the blockchain industry, where he has served…
Author Profile
Share
Copied
Last updated:
1 hour ago
The crypto market is down today again, with the vast majority of the top 100 coins turning red over the past 24 hours. Overall, the cryptocurrency market capitalization has decreased by 2.4%, now standing at $3.96 trillion. At the same time, the total crypto trading volume is at $187 billion.
TLDR:
About five of the top 100 coins are up today, the rest have dropped;
All top 10 coins are red today;
BTC and ETH saw drops of around 3% each, trading at to $111,806 and $4,625, respectively;
ETH continues to outperform BTC and may see a recovery sooner;
The market surged following the US Fed Chair Jerome Powell’s speech on Friday, falling on Monday morning (UTC);
While US BTC recorded outflows of $23.15 million, ETH ETFs saw inflows of $341.16 million;
Some analysts warn that rate cuts in September are not guaranteed;
’Tariff-driven price pressures could offset some of the easing impact’;
’The market has proven its resilience, digesting multiple disappointments over the past two years while still achieving new highs’;
Investors remain very cautious, awaiting further signals.
Crypto Winners & Losers.
At the time of writing, all top 10 coins per market capitalization have decreased over the past 24 hours.
Bitcoin (BTC) fell 2.8% and below $112,000, now standing at $111,806.
At the same time, Ethereum (ETH) is down by 3.2%, now trading at $4,625.
Dogecoin (DOGE)decreased the most today. It’s down by 4.9% to the price of $0.2219.
The smallest fall in this category is BNB’s 1.2%, now changing hands at $862.
As for the top 100 coins, three coins appreciated above 1%: Provenance Blockchain (HASH), VeChain (VET), and Monero (XMR). They’re each up between 2% and 3%.
On the other hand, Mantle (MNT) is down 11% to $1.14.
It’s followed by Pudgy Penguins (PENGU), which decreased by 9.6% to the price of $0.0322.
The markets recorded a jump on Friday following the speech by the US Federal Reserve Chair Jerome Powell, in which he indicated incoming rate cuts. The “shifting balance of risks may warrant adjusting our policy stance,” he said.
The speech reignited investors’ risk appetite, and with the ongoing bull market, many turned to cryptocurrencies.
However, some analysts had noted before the speech that the event had already been priced in.
Meanwhile, a Bitcoin whale sold 24,000 BTC on Sunday, worth $2.7 billion. This sparked significant liquidations and BTC’s move to a key support zone near $113,000.
Some argued, however, that whales selling is healthy for the market in the long run.
Is a Rate Cut Really Coming?.
In an email to Cryptonews, Bitunix analysts noted that historically, rate cuts after long pauses supported equities. However, “tariff-driven price pressures could offset some of the easing impact.”
They argued that the US is “entering a phase of policy tug-of-war between ‘rate-cut tailwinds’ and ‘tariff-driven inflation risks’.” If food prices in that…
#crypto #bitcoin #ethereum #cryptocurrency #news #blockchain #litecoin #cryptonews #cryptonewstoday #cryptoworld #cryptonewstoday
***NOT FINANCIAL, LEGAL, OR TAX ADVICE! JUST OPINION! I AM NOT AN EXPERT! I DO NOT GUARANTEE A PARTICULAR OUTCOME I HAVE NO INSIDE KNOWLEDGE! YOU NEED TO DO YOUR OWN RESEARCH AND MAKE YOUR OWN DECISIONS! THIS IS JUST ENTERTAINMENT!
This information is what was found publicly on the internet. This information could’ve been doctored or misrepresented by the internet. All information is meant for public awareness and is public domain. This information is not intended to slander harm or defame any of the actors involved but to show what was said through their social media accounts. Please take this information and do your own research.
bitcoin, blockchain, crypto, cryptocurrency, altcoin, investment, ethereum, bitcoin crash, xrp, cardano, ripple
コメント