Crypto Review - Page 21

The crypto market rolled back 1.8% in 24 hours to $2.17 trillion due to a reduction in risk appetite. Bitcoin has been gaining crypto market share during such periods.

The crypto market is down 3% for the week, but positivity has returned since Thursday when Bitcoin found support at the $60, K level and bounced off the 50-day MA. Ethereum is in a weaker position, approaching the 50-day MA from below.

The crypto market has significantly slowed its decline. Bitcoin remains just above its 50-day MA while Ethereum is trading near the bottom of its range.

The crypto market lost 1.44% of its capitalisation in 24 hours to $2.13 trillion amid a rising dollar and declines in risky assets. Bitcoin found support at $60K, but XRP continues to fall, having lost around 20% in four days.

The crypto market lost 4.2% of its cap in the last 24 hours to $2.16 trillion amid risk aversion over Iran's missile attack on Israel. Bitcoin collapsed below the $61K level, losing around $3,000 (almost 5%) as selling intensified on technical factors.

Market picture The cryptocurrency market shed a further 0.7% of its capitalisation in 24 hours to $2.26 trillion, coinciding with a strengthening of the dollar and a short-term fixation in gold as markets reacted to Powell’s hints that the Fed.

The crypto market started the week on a defensive note, losing 1.2% of its cap in 24 hours, but is still up 3% on the week. Bitcoin is down 2.6% at $64.0K, but remains close to completing its best September since 2012, having added over 11% since the start of the month.

The cryptocurrency market has surpassed previous highs to reach $2.29 trillion, confirming the break of the downtrend. Bitcoin consolidated above the 200-day MA at $65.3K, with the possibility of reaching $66K in the coming days.

The cryptocurrency market is in a consolidation phase, having lost 0.45% in the last 24 hours despite the rise in equity indices. Bitcoin has failed to consolidate above its 200-day moving average and is trading in a sideways channel between $62.7K and $64.5K.

The crypto market rose 1.2% in 24 hours to $2.25 trillion, approaching one-month highs and signalling a possible break in the downtrend. Bitcoin hit a one-month high but pulled back as it continues to struggle for equilibrium. Tron shows a decline with the possibility of an update of the lows.

Bitcoin is showing a moderate trend with intraday fluctuations as it continues to fight for the 200-day MA. Litecoin has breached the upper boundary of the descending channel, but selling has intensified at the resistance level just above $67.

The cryptocurrency market took a pause in growth and stabilised at $2.23 trillion (+8.8% over 7 days) - the previous highs. Stablecoin capitalisation is already approaching $160 billion.