Crypto Review - Page 129

The cryptocurrency market has started the current week with an impressive decline. The total market cap fell by 12% to $ 192 billion a day, which is less than 25% of the peak market volume in the beginning of the.

The cryptocurrency demonstrated its volatility nature again. The SEC resolution to postpone the review of the applications on the Bitcoin-ETF until September caused a sell-off of the digital assets. The Bitcoin lost 12.5% after the news and the major altcoins.

The crypto market cap lost 20% in the last 2 weeks, falling from $300 bln to $250. The Bitcoin is trading now at around $7,000 comparing to $8,400 in the same period. Although analysts remain bullish on the BTC perspectives,.

The demand for dollar, provoked by the fears of new US sanctions against a number of countries and expanding trade conflict with China push the American currency close to the upper edge of the trading range since April. The threat.

The Bitcoin bears keep control over the crypto market. In the last 24 hours, Bitcoin lost more than 4% and is trading now near the $7,350 mark. On the bear’s side, there are an overbought market and the lack of.

Two opposite trends prevail in the global markets. Strong reporting of companies, including Apple indicators supports the demand in world markets. However, the Chinese bourses falls under the pressure on the news that Trump is considering 25% tariffs on Chinese.

The Bitcoin course (BTC) fell below $8.000 on the news that the US SEC had rejected the second Winklevoss twins’s attempt to launch Bitcoin ETF, which negatively affected the prospects of all similar projects. The expectation that the regulator would.

Producer prices in the U.S. added 0.3% in June, increasing the annual growth rate to a seven-year high of 3.4%. Core Producer price index (ex food and energy) has accelerated to 2.8% YoY (also the highest rate since 2011). The.

The weakening of U.S. dollar after the soft data on earnings helps Crude Oil. However, in the perspective of the few months there is a stronger risk that Oil will turn to decline. The recent momentum of the dollar’s setback.

The news brings a cautious hope to the crypto investors that the market will turn to the growth. According to CoinMarketCap data, the total crypto market capitalization has increased by 17% to $275 billion since the beginning of July. For.

Asian markets continue to suffer from fears around international trade. The MSCI ex Japan Index continued its decline falling to a two-year low due to the American legislator’s adoption of a project that complicates China’s buying and investing in U.S..

Cryptocurrency market seems returned to growth after a prolong depression. To last week lows, the crypto market cap has added 10% to $290 bln. Bitcoin trading near $6,700. The altcoins fully replicate this growth. If this rebound continues, Bitcoin could.