Crypto market under pressure from Bitcoin

  • 📰 FXStreetNews
  • ⏱ Reading Time:
  • 19 sec. here
  • 4 min. at publisher
  • 📊 Quality Score:
  • News: 18%
  • Publisher: 72%

Bitcoin Berita

Cryptocurrencies,ETF

Crypto market cap on Monday stands at $2.2 trillion, down 5.2% over seven days, although it showed some growth over the weekend.

Market picture Local market capitalisation peaked on March 14th, but the active decline began about a month ago, with a sequence of lower lows and lower highs. During the previous week, the crypto market held near the upper boundary of the descending channel. Cryptocurrencies are being helped by increased risk traction in stock markets. Still, there is also internal pressure, likely related to asset sell-offs by miners and fears of tighter regulation of cryptocurrencies.

News background US venture capital fund Pantera Capital said it has invested a record amount in TON, which has not yet been disclosed. Pantera attributed the decision to invest in TON to the project's potential to become one of the largest crypto networks. Toncoin rose nearly 20 per cent over the week, showing the best growth in the top 100 cryptocurrencies.

 

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.

JPMorgan ‘struggles to find the next catalyst for’ Bitcoin and crypto marketJPMorgan ‘struggles to find the next catalyst for’ Bitcoin and crypto market
Sumber: Investingcom - 🏆 450. / 53 Baca lebih lajut »

Crypto investment funds see $435M outflow as bull market stalls amid rising inflation concernsData shows negative crypto fund flows, with Bitcoin leading at $423 million.
Sumber: Cointelegraph - 🏆 562. / 51 Baca lebih lajut »