Global Stock News

Ngl, I’m impressed by the strength crypto is showing these l

Ngl, I’m impressed by the strength crypto is showing these l

Ngl, I’m impressed by the strength crypto is showing these last few days.

I understand the numbers might looks scary cause in just the last 24 hours:

– $BTC: down 3.62%, sitting at $68,177
– $ETH: down 4.05%, sitting at $1,924
– $SOL: down 5.23%, sitting at $76.73
– $BNB: down 3.51%, sitting at $629.27
– $XRP: down 2.39%, sitting at $1.00
– $HYPE: down 2.60%, sitting at $70.83
– $DOGE: down 3.18%, sitting at $0.064
– Over $1.6B in leveraged positions have been wiped out.

Bitcoin ETFs are also seeing heavy outflows, the dollar is getting stronger, expectations of another Fed rate hike are weighing on risk assets, and the Nvidia shock has added to the uncertainty.

That’s a lot of pressure coming from different directions, but in…

Source link

Share this article

Scroll to Top