Bitcoin Over the 24 hours until Thursday night, Apexcoin and other major peers traded over $ 40,000, which is psychologically significant, despite being in the red. The global cryptocurrency market capitalization has shrunk by 2.6% to $ 1.9 trillion.
|Bitcoin BTC / USD||-2.4%||1%||$ 40,430.63|
|Ethereum ETH / USD||-3%||-1.5%||$ 2,984.80|
|Dogecoin Doge / USD||-3.3%||-Five%||$ 0.14|
|Cryptocurrency||24-hour rate of change (+/-)||price|
|declaration (DCR)||+ 14.5%||$ 70.37|
|Tron (TRX)||+ 13.4%||$ 0.0712|
|Kyber Network Crystal v2 (KNC)||+ 8.2%||$ 4.75|
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Important reason: Bitcoin reached its daytime high of $ 42,893.58, but could not maintain its upward momentum and fell 5.7% from press levels. Ethereum was below $ 3,000.
Thursday’s risk assets generally fell, with S & P 500 and Nasdaq falling 1.5% and 2.1%, respectively.
“Nasdaq had a more turbulent week when Bitcoin managed to shrug, perhaps a sign of distance from the link between the two performances,” OANDA analysts said. Says. Craig AramWith a memo.
“There is one thing that both still have in common, so whether or not we can sustain it, Bitcoin is very high on the scale limit, but they are considered risky assets.”
Thursday, usa Federal Reserve Chair Jerome Powell Restoring price stability is “absolutely essential,” according to CNBC. Report..
“We actually raise interest rates, reach more neutral levels faster, and actually get tighter … if we get there and it turns out to be appropriate,” Powell said. I did.
Powell’s statement may suggest that the US central bank may opt for a more aggressive 50 basis point rate hike rather than a 25 bps hike.
Money is flowing into cryptocurrencies despite headwinds such as rising interest rates and ongoing wars in Eastern Europe. According to the co-founder of Glassnode, this is preparing for a “strong recovery”. Jan & Yann.
“$ 17 billion VC [Cryptos] Investment and 2022 + 1k trading. This year, the median transaction size is the highest at $ 4.5 million, “Tweet the co-founder of Glassnode.
On the Ethereum side, cryptocurrency address activity has skyrocketed this week. Santiment.. The financial markets data platform states that Wednesday’s 592,000 addresses are “the most unique exchanges of the month.”
$ 17 billion VC #Cryptos 2022 investment and + 1k transaction. This year’s median transaction size is the highest at $ 4.5 million.
— Negentropic_ (@Negentropic_) April 21, 2022
The social debate surrounding the second largest cryptocurrency reached its highest level in two months, Santiment tweeted.
# EthereumAddress activity was actually featured this week, and Wednesday’s 592k address was the most unique interaction in over a month.On the other hand, social debate $ ETH It reached the highest level in more than two months. https://t.co/4xsQLD8VaN pic.twitter.com/2pwlN1lXUa
— Santiment (@santimentfeed) April 22, 2022