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Crypto Review - Page 62


Loss of correlation with stocks will pave the way for crypto to portfolios
Loss of correlation with stocks will pave the way for crypto to portfolios

Bitcoin was down 0.3% on Thursday, continuing to hover around $30K. This mild decline was a bonus of last month’s loss of correlation between the cryptocurrency and stock markets. Ethereum lost 0.4%, settling near $1800. Other top-10 altcoins showed mixed.

Cryptocurrency’s lingering lull
Cryptocurrency’s lingering lull

Bitcoin was down 3.7% on Wednesday, ending the day near the $30.2K level, which it remains near on Thursday morning. The overall subdued sentiment towards cryptocurrencies coincided with a pullback in stock indices. However, the dynamics of the previous days.

Bitcoin swings in a tight cage
Bitcoin swings in a tight cage

Bitcoin continues its wild swings between $29-31.5K. By the end of the day on Tuesday, it had moved sharply back to the upper end of the range, but Wednesday began with a new dip, temporarily falling below 30K. Overall, bitcoin.

Bitcoin is unlikely to bottom so early and high
Bitcoin is unlikely to bottom so early and high

Bitcoin rose 4.9% on Monday, ending at around $31.5K. However, on Tuesday morning, the first cryptocurrency collapsed 7% to $29.5K, the second such bear attack in the past seven days. Both were of similar magnitude, but the latter should have.

A bounce, but hardly the start of a rise in the crypto market
A bounce, but hardly the start of a rise in the crypto market

Bitcoin rose 2.4% to $30.5K in the past 24 hours. Ethereum added 0.2% to $1820. Ether was unexpectedly among the laggards. Altcoins from the top 10 rose from 1.5% (BNB) to 4.1% (Solana). Total crypto market capitalisation, according to CoinMarketCap,.

Interrupted flight of cryptocurrencies
Interrupted flight of cryptocurrencies

Bitcoin collapsed 5.6% in the past 24 hours, retreating again below the $30K mark. Ethereum lost 6.1%. Leading altcoins in the top 10 fell from 5.2% (BNB) to 11.5% (Solana). Total crypto market capitalisation, according to CoinMarketCap, sank 5.3% overnight.

The lack of desperation in crypto for a real rally
The lack of desperation in crypto for a real rally

Bitcoin slowed late Tuesday afternoon, retreating from local highs near $32.3K to $31.5K. Ethereum has lost 2.5% in the past 24 hours to $1930. Other altcoins in the top 10 are losing between 0.3% (BNB) and a 6.5% increase (Cardano).

The Crypto market pushes back from the bottom
The Crypto market pushes back from the bottom

Bitcoin jumped 7% on Monday, ending the day at around $31.2K. On Tuesday morning, positive momentum persisted, with the rate climbing above $32.0K, a 20-day high. Ethereum added 8.2%, while other top-ten altcoins gained between 4.9% (BNB) and 14.8% (Cardano)..

Is Bitcoin forming a reversal following stocks?
Is Bitcoin forming a reversal following stocks?

Bitcoin is down 2.5% over the past week, ending near $29,200. Ethereum lost 10.6%, while other leading altcoins in the top 10 fell from 1% (Polkadot) to 14.8% (Solana). The total capitalisation of the crypto market, according to CoinMarketCap, sank.

Cryptocurrencies went down out of consolidation
Cryptocurrencies went down out of consolidation

On Thursday, Bitcoin was down 1.1%, ending the day at around $29.5K, despite a buoyant stock market performance. Selling resumed on Friday morning, pushing the price back to $28.9K. The observed divergence is bucking the trend of close correlation that.

Bitcoin is stable, but Ether’s performance reflects the pressure
Bitcoin is stable, but Ether’s performance reflects the pressure

Bitcoin ignored the positive dynamics of US stock indices on Wednesday, further reducing the amplitude of its fluctuations. The first cryptocurrency has been moving in a $29.5-30.0K range since the start of active trading in New York. We caution that.

Be ready for Bitcoin to end consolidation with a drop
Be ready for Bitcoin to end consolidation with a drop

Bitcoin’s fluctuations continue to shrink, meaning the spring is being compressed further. The lower bound of the trading range has moved to $29K, from where the BTCUSD has received support since the start of active trading in New York. The.

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