Total crypto market cap shows strength even after the Merge and Federal Reser...

Total crypto market cap shows strength even after the Merge and Federal Reser...

Many of the top-80 cryptocurrencies dropped by 15%+ in the past week, but the Tether premium in Asia-based futures markets shows traders remain calm. Cryptocurrencies have been in a bear trend since mid-August after they failed to break above the $1.2 trillion market capitalization resistance. Even with the current bear trend and a brutal 25% correction, it has not been enough to break the three-month-long ascending trend.The crypto markets' aggregate capitalization declined 7.2% to $920 billion in the seven days leading to Sept. 21. Investors wanted to play it safe ahead of the Federal....


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Bank of England’s Cunliffe Warns Crypto Will See Tough Times as Federal Reser...

Bank of England’s deputy governor for financial stability, Sir Jon Cunliffe, has warned of hard times ahead for cryptocurrency investors as the Federal Reserve and other central banks tighten monetary policy. Bank of England’s Executive Warns About Crypto Sir Jon Cunliffe, deputy governor for financial stability at the Bank of England (BOE), had a warning for crypto investors at a Wall Street Journal conference Tuesday, Reuters reported. The Bank of England executive cautioned that crypto investors should expect more difficult times ahead. He explained that as the Federal....

Bitcoin And Ethereum Plunge Brings The Whole Market Down

The Merge hasn’t pushed crypto prices as expected. Instead, the third week of September has kicked off with more reds than greens. The entire market has plunged, and even the overall market cap dropped.  Currently, many crypto assets are losing every hour. Many crypto exchanges are forcefully liquidating leveraged positions. According to Coinglass, the total amount liquidated already has reached $431.51 million, with 130,087 traders affected.  Related Reading: These Two On-Chain Signals Precede Bitcoin Falls, Suggests Analyst Bitcoin Price Plunged Currently, the Bitcoin price stands....

How The Ethereum Merge Is Boosting ETH Market Dominance

The Ethereum merge from Proof-of-Work (PoW) to Proof-of-Stake (PoS) is now roughly 30 days away after what feels like years of anticipation. While price action is the mainstay pillar of speculation, anticipation over ‘The Merge’ continues to grow – and so too does ETH’s market dominance. New data shows that Ethereum continues to gain ground […]

The total crypto market cap continues to crumble as the dollar index hits a 2...

The total crypto market capitalization dropped by 6.9% in one week, while derivatives metrics reflect increasing demand for bearish bets. From a bearish perspective, there's a fair probability that the crypto market entered a descending channel (or wedge) on Aug. 15 after it failed to break above the $1.2 trillion total market capitalization resistance. Even if the pattern isn't yet clearly distinguishable, the last couple of weeks have not been positive.Total crypto market cap, USD billion. Source: TradingViewFor example, the $940 billion total market cap seen on Aug. 29 was the lowest in....

Fed policy and crumbling market sentiment could send the total crypto market ...

Data shows investors jumping back into fiat and a lack of bullish leverage in the crypto market suggests another correction is in the making. The total crypto market capitalization broke above $1 trillion on July 18 after an agonizing thirty-five-day stint below the key psychological level. Over the next seven days, Bitcoin (BTC) traded flat near $22,400 and Ether (ETH) faced a 0.5% correction to $1,560.Total crypto market cap, USD billion. Source: TradingViewThe total crypto capitalization closed July 24 at $1.03 trillion, a modest 0.5% negative seven-day movement. The apparent stability....