Crypto Coinfessions ✖️ – Telegram
Crypto Coinfessions ✖️
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The short-term correlation between #Nasdaq tech #stocks and #Bitcoin has turned positive, indicating the two are moving more in step.

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From: rubikkav.nft

#Ethereum continues to be the preferred ecosystem for major #DeFi operators while the emerging ecosystems are more prone to active user #volatility as emerging ecosystems tend to be more opportunistic or narrative-driven.

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#YFII, #SNM and #SRM #tokens have losses that exceed 50% in less than 24 hours, according to #criptonoticias.

The crypto assets #DFIMoney (YFII), #Serum (SRM) and #SONM BEP-20 (SNM) are among those that depreciated the most today. In the last 24 hours they have had a fall of 16%, 25% and 51% respectively.

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The price of the #cryptocurrency #Filecoin (#FIL) has fallen almost 10% in the last week after a lawsuit was filed in court against Shenzhen Shikongyun Technology, a company that allegedly developed a pyramid scheme with the cryptoactive.

The digital currency went from being priced at USD 4.18 a week ago to USD 3.74, at the time of writing this article.

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Over short time frames (#correlation score in the table) #Bitcoin is running its own playbook. #news #report

#Stocks, #gold, #US$ #strength, #bonds, none of these affect the day-to-day moves of BTC.

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#EUR / #USD dropped below the 1.0900 figure, extending its losses below the 1.0880 area, a level last seen on August 14, slightly below the S1 pivot, which acted as support, as the EUR/USD sits at around the 1.0880s area. #news #forex

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The short-term detector cost base was once again tested with #Bitcoin price around $29.1k. Third time in 2023.

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📈 Market Overview by #cryptorank

#Bitcoin price dropped below $29K support. The top-10 cryptos are traded in red zone:

#Dogecoin -4.03%
#Bitcoin-1.95%
#XRP -1.87%

Market capitalization: $1.25T (-1.56%)
The BTC dominance: 44.55% (-0.29%)
Fear & Greed Index: 50 (Neutral)

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August 18 Options Data

- 22k #BTC options are about to expire with a Put Call Ratio of 0.55, a max pain point of $29,500 and a notional value of $580 million.

- 144k ETH options are about to expire with a Put Call Ratio of 0.51, a max pain of $1,800 and a notional va...

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#InjectiveProtocol #INJ, #blockchain built for finance that claims to be the fastest among layer 1s, announced a new “2.0” tokenomics upgrade. The plan will “dramatically increase the amount of INJ burned weekly,” according to a blog post. #crypto #news

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#Largecaps (stocks with a market cap of roughly more than $10 billion, represented in the chart by the #SP500 Index) continue to outperform mid caps (stocks with a market cap roughly between $2 billion and $10 billion, represented in the chart by the S&P 400 MidCap Index) and...

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#Crypto #volatility has continued to slide in August as markets stagnate, according to #kaiko.

Even the news in mid-June that BlackRock was applying for a spot BTC ETF, the potential acceptance of which is seen as a massive catalyst unlocking new demand, did little to increa...

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📈 Market Overview

#Bitcoin price trades below $26K. The top-10 cryptos are traded in red zone:

#Bitcoin -1.95%.
#Ethereum -1.64%.
#Solana -1.43%.

Market capitalization: $1.16T (-1.22%).

The BTC dominance: 43.44% (-0.76%).

Fear & Greed Index: 39 (Fear).

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After several weeks of rangebound trading, #bitcoin dropped 5.2% on the week, followed by a precipitous drop on Thursday evening, which took the price to under $25,250 briefly.

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#Cardano #ADA price has taken a hit with the recent bitcoin price crash.

According to the data offered by the #CoinMarketCap portal, the Cardano price has been tied to the value of bitcoin, despite the specific conditions that we have explained in this note, it has not yet managed to exceed the value of a dollar so far in 2023

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Bitcoin market price($26.4K) dropped by -6.7% in the past 24 hours, according to cryptoquant. Some indicators that were signaling a price decline was in the cards.

Ethereum scaling solutions have been getting an increasing amount of traction in the past few months. New layer 2s (L2s) are launching almost every week now as competition in the space heats up.

Read More: https://www.publish0x.com/rubikkav/weekend-on-chain-narrative-for-the-cryptocurrency-market-aft-xdkywmv
📈 Market Overview

#Bitcoin price trades above $26K. The top-10 cryptos are traded in green zone:

#XRP +4.31%
#Dogecoin +0.62%
#Bitcoin +0.61%

Read more: https://social.wubits.io/share/64e2377d2d7f801682fb19fe?rid=63dffbc796acc11510f0903b&utm_source=link
Support And Resistance Fundamental Technical #Report For #Bitcoin May Reveal What Is To Happen Next Weeks

📉 Cryptocurrency market lost enough capital during the last crash and Bitcoin dominance may reach 47%.

📈 Support, Resistance and Liquidity Regions can give us a true outlook for the coming weeks.

Read The Complete Article Here: https://www.publish0x.com/rubikkav/support-and-resistance-fundamental-technical-report-for-bitc-xrxlqyg
Crypto Market Daily Review ☀️

The market is neutral. Market cap is $1.07T. #Bitcoin is trading at $26K.

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