Crypto market on its last legs as BTC tumbles, but wait, there’s more

  • 📰 FXStreetNews
  • ⏱ Reading Time:
  • 25 sec. here
  • 3 min. at publisher
  • 📊 Quality Score:
  • News: 16%
  • Publisher: 72%

Cryptocurrencies Berita

Technical Analysis

Bitcoin’s (BTC) descent has caused the crypto market to take a beating.

Bitcoin, Ethereum, Dogecoin, Cardano and other altcoins are down more than 5% in the past week. The daily exchange volume has declined from $100 billion to $57 billion in roughly three weeks. Bitcoin’s sell signals are forecasting a steep correction, which could add fuel to the fire. Bitcoin’s descent has caused the crypto market to take a beating. Altcoins’ prices, specifically, are facing the weight of selling pressure and are down by double-digits in the past 24-hours.

Crypto performance This outlook signifies that the bull market sentiment is dying down, or at least taking a break. According to TheBlock’s data, the 7-day average of the daily exchange volume shows that it has dropped nearly 43% from $100 billion on March 10 to $57 billion on Thursday. Crypto daily exchange volume 7-day average Bitcoin signals a descent Bitcoin’s sell signal – as outlined in FXStreet’s previous publications – has been confirmed, which forecasts a potential correction.

 

Terima kasih atas komentar Anda. Komentar Anda akan dipublikasikan setelah ditinjau.
Berita ini telah kami rangkum agar Anda dapat membacanya dengan cepat. Jika Anda tertarik dengan beritanya, Anda dapat membaca teks lengkapnya di sini. Baca lebih lajut:

 /  🏆 14. in İD

Indonesia Berita Terbaru, Indonesia Berita utama

Similar News:Anda juga dapat membaca berita serupa dengan ini yang kami kumpulkan dari sumber berita lain.

Crypto Markets Add $100 Billion Daily as Bitcoin (BTC) Heads Toward $72K (Market Watch)Crypto Blog
Sumber: Crypto_Potato - 🏆 568. / 51 Baca lebih lajut »

Crypto Markets Add $150B Overnight as BTC, ETH Soar to 10-Day Peaks (Market Watch)Crypto Blog
Sumber: Crypto_Potato - 🏆 568. / 51 Baca lebih lajut »