News Formal

Crypto Market Slips Below $1 Trillion As U.S. Regulatory Pressure Mounts

  • 📰 Forbes
  • ⏱ Reading Time:
  • 46 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 22%
  • Publisher: 53%

日本 ニュース ニュース

日本 最新ニュース,日本 見出し

Crypto Market Slips Below $1 Trillion As U.S. Regulatory Pressure Mounts by ninabambysheva

Overall, cryptocurrencies are trading at about $996 billion after peaking earlier this month at just under $1.1 trillion. While still up from last year’s lows beneath $800 billion, the market remains far from the 2021 peak of almost $3 trillion.

“Cryptos are weakening as every trader worries about how crippling this SEC wave will be with the cracking down on staking products and stablecoins. The news flow has been rather bearish for crypto, and you can’t forget about tomorrow’s inflation report that could be hot and spell trouble for risky assets,” said Edward Moya, senior analyst at trading firm OANDA, in a Monday note. “It might be hard for buyers to emerge until we see how Wall Street reacts with tomorrow’s inflation data,” he added.

Upon the announcement, traders rushed out of their BUSD positions, according to digital assets data provider Kaiko, with volume climbing to nearly half a billion dollars on the BUSD-tether trading pair in the hour immediately following the news. “The decision will have a profound impact on the stablecoin space and upend a pillar of Binance's aggressive strategy for crypto dominance,” Kaiko added.

このニュースをすぐに読めるように要約しました。ニュースに興味がある場合は、ここで全文を読むことができます。 続きを読む:

 /  🏆 394. in JP
 

コメントありがとうございます。コメントは審査後に公開されます。

日本 最新ニュース, 日本 見出し

Similar News:他のニュース ソースから収集した、これに似たニュース記事を読むこともできます。

USD/CHF Price Analysis: Approaches critical resistance below 0.9300 amid a dismal market moodUSD/CHF Price Analysis: Approaches critical resistance below 0.9300 amid a dismal market mood USDCHF Fibonacci SupportResistance RiskAversion Inflation
ソース: FXStreetNews - 🏆 14. / 72 続きを読む »

Binance Coin Dumps Below $300 Following News From US Regulators: Market WatchBinance Coin has dropped by over 5% in the past 24 hours following the news regarding BUSD and Paxos.
ソース: Crypto_Potato - 🏆 568. / 51 続きを読む »

Crypto Market Cap Maintains $1T as Lido (LDO) Recovers 10%: Weekend WatchLido Dao continues with its highly-volatile performance as of late.
ソース: Crypto_Potato - 🏆 568. / 51 続きを読む »

CME Group Records Increased Demand for Crypto Products Despite Bear MarketThe firm has seen significant demand for its crypto products since November despite the bear market, according to the CEO.
ソース: Crypto_Potato - 🏆 568. / 51 続きを読む »