Total crypto market cap shows strength even after the Merge and Federal Reserve rate hike

  • 📰 Cointelegraph
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Heavy headwinds continue to batter the crypto market, but noshitcoins says two metrics suggest traders remain balanced and calm.

Cryptocurrencies have been in a bear trend since mid-August after they failed to break above the $1.2 trillion market capitalization resistance. Even with the current bear trend and a brutal 25% correction, it has not been enough to break the 3-month-long ascending trend.

Ether also saw a 17.3% retrace during the 7-day period and many altcoins performed even worse. The Ethereum network Merge and its subsequent impact on other GPU-mineable coins caused some skewed results among the worst weekly performers.Chiliz rallied 21.5% following two successful fan token launches from MIBR esports team and the VASCO soccer team from Brazil.

RavenCoin and Ethereum Classic retraced most of their gains from the previous week as investors realized the hashrate gains from Ethereum miners did not necessarily convert into higher adoption.The OKX Tether premium is a good gauge of China-based crypto retail trader demand. It measures the difference between China-based peer-to-peer trades and the United States dollar.

Perpetual contracts, also known as inverse swaps, have an embedded rate that is usually charged every eight hours. Exchanges use this fee to avoid exchange risk imbalances.

 

ขอบคุณสำหรับความคิดเห็นของคุณ ความคิดเห็นของคุณจะถูกเผยแพร่หลังจากได้รับการตรวจสอบแล้ว

Tetapi masalah terlalu banyak campuran untuk trade segera..indeks copy.?or reality years/months/day/time..what about savingprivate important..?i mind i believe private details about long term..!🙄🙄

I’ve been SAYING, u just gotta accumulate during bear markets so load up ur fav coins… mine is $Dogira!!! This is 0xPolygon Axie Infinity when bulls come back. 🦾🦾🚀🚀

Yeah because experienced traders know cash on hand is powerful, pacience is key, you can't force a trade, it will come to you and the market will do what the market does.

So, 🔥 influuencers's printing free,making free 💰 off uuniswap and youu won't talk abouut it it

Shout out to cryptotrading cryptotrader cryptotraders cryptotrain cryptobulls CryptoBull CryptoBullSociety CryptoBill cryptotrees CryptoNinja

‼️‼️BREAKING‼️‼️: Kucoin has a major problem to deal with ETH merge and ETHW airdrop. Customers margin funds frozen for 10 days. All other solved this problem but Kucoin's devs remain without solution.

Ehh hmmm....

Institutional inflow balancing it out

So, 🔥 people's printing free,maaking free 💰 from ddefi aandd you won't shaare it

noshitcoins finally working platform for gas reducing😁

noshitcoins porque no one shariingg thiis triick

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