Bitcoin is down 1.3% over the past seven days and has remained just below $17,000 since Saturday. Ethereum lost 5.3% to $1,180. Other top 10 major altcoins fell 8.8% (XRP) to 17.1% (Dogecoin). The accelerated selling at the end of the week clearly showed that the market is still in the clutches of the bears, which can stop the rise and send the price down. According to CoinMarketCap, the market capitalization of , cryptocurrencies fell 5.2% for the week, approaching $800 billion. The index of fear and greed for cryptocurrencies remained unchanged during the week, remaining at 26 points („fear”). On Monday, the index rose 3 points to 29. , btc , Bitcoin ended the year almost exactly where it traded two years earlier and where it was at the end of 2017, raising doubts about whether the coin’s limited supply is enough to support a sustainable bull run. – market Higher interest rates also raise the bar for other asset classes for new investors. Even so, reduced volatility now after more than a year of selling is often a good starting point for long-term investors, even if it hasn’t yet promised them quick profits. We are probably years, not days and months, away from a new wave of cryptocurrency FOMO. Crypto News Background Investments in the metaverse and GameFi increased by 300% in the past year, according to a Huob report. At the same time, investments in the main market of the crypto industry exceeded $ 27.7 billion in 2022, while the cap of crypto markets fell to more than $ 2.2 billion. This year, authorities in 2 countries approved 105 „regulatory measures and guidelines” for the sector. Analytics platform CryptoQuant analyzed the report of the audit firm Mazars on the reserves of the cryptocurrency exchange Binance and confirmed its significance. Mazars has since removed links to previously published reports and announced that it will discontinue the service for all cryptocurrencies.

Dodaj komentarz

Twój adres e-mail nie zostanie opublikowany.