The recent volatility in the crypto market has had a direct impact on the price of Bitcoin. $BTC has suddenly weakened significantly and there is selling pressure in the market. Investors are now quite cautious about global economic uncertainty and policy decisions.
The crypto market has seen renewed volatility in recent times, which has had a major impact on the price of Bitcoin. In a short period of time, the price of Bitcoin has fallen by about 6 percent, from the $90,000 area to hover around $84,000. This is partly due to increased investor caution over the uncertainty over the global economic situation and the upcoming decision by the Federal Reserve.
During this price drop, the trading volume in the market suddenly increased, indicating selling pressure. Many traders started taking short-term profits as the key price level failed to hold. According to market analysts, the $84,000 level is now a key test ground for Bitcoin.
Meanwhile, discussions on regulatory issues and the increasing trend towards gold as a safe-haven investment, Bitcoin's short-term future is becoming more uncertain. $BTC #BTC
$XMR is currently in a strong uptrend. The price is slowly stabilizing upwards and interest from big investors is increasing. If support holds, we could see new highs. A breakout is likely to bring more momentum. Trade cautiously
$ASTER is slowly gaining strength on the 1D chart. A higher base is being formed from below, and volume is providing good support for the up move. Price is fighting at important levels ahead. Step by step entries, accurate stops and the possibility of a move upwards to the 0.73+ zone are worth keeping an eye on.
The market is currently very volatile with $FOGO . Volatility is increasing, risk reward is attractive. If you follow the right entry and strict stoplosses, good opportunities can be created in the short term. $FOGO #FOGO
ListaDAO has created a low-interest loan opportunity on the $BNB chain. Using #BNB or other strong assets, stablecoins can be invested on a secure platform. Regular income is possible with the right strategy and risk control. #BNB_Market_Update $BNB
$FOGO is still under pressure. The price is moving downwards, the buying power is very weak. Selling pressure is coming as soon as it rises upwards. If it goes below 0.034, there is a risk of further decline. If it does not rise above 0.038, it is difficult to change direction. Caution is necessary in trading, volatility is high. #FOGO $FOGO
Not only trading, but also global realities are playing a major role behind the recent weakness of #Bitcoin and #Ethereum
International trade crises, fears of war and economic uncertainty are pushing investors towards risk free assets.
As a result, capital is gradually moving out of the market.
$BTC is under pressure as large institutions reduce their purchases, and the liquidity crisis on the $ETH network is more pronounced.
At the same time, confidence in the crypto market has been shaken by increasing demand for gold and raw materials. In this situation, recovery may take time. #ETH #BTC