[ad_1] Join Our Telegram channel to stay up to date on breaking news coverage The crypto market capitalization is currently up by 0.07% to $1.17 trillion: a low rise but a significant departure from the previous day. There are also more assets gaining by considerably higher percentages than a few days ago. Could these be taken as signs that the crypto market is staging a rebound? Or are they just effects of a new week? The following 24 hours should give more clarity. Shares in Asia slid in the early hours of Monday following the property crisis in China. The real…
Author: Kamsi King
[ad_1] Join Our Telegram channel to stay up to date on breaking news coverage The certainty of cryptocurrency becoming the cornerstone of our financial future has long been established. In response, many individuals have eagerly embraced the boundless prospects presented by the cryptocurrency industry. Consequently, the market experiences a constant influx of new, trending cryptocurrencies while previously established ones resurface to capture renewed attention. This surge in supply caters to the escalating demand from enthusiastic participants. Amidst this dynamic landscape, it’s not uncommon for select crypto products to swiftly dominate the market and the top trending coins list, thus warranting…
[ad_1] Join Our Telegram channel to stay up to date on breaking news coverage The crypto market has dipped further into bearish territory. As of the time of this report, it is a long way from the reports of our last post. It is continuously at the mercy of external forces that keep investors aloof. The poor economic readings flowing out of China are also not helping matters. Asian stocks have been down for most of 2 weeks as they first awaited stimulus packages. Next, the market had to deal with the result of low export. There was a high…
[ad_1] Join Our Telegram channel to stay up to date on breaking news coverage It’s not a fantastic weekend for the crypto market as every indicators are down. From the market capitalization to trading volume, and Bitcoin’s market dominance. Traders and investors seem to be taking a break from pushing the market so hard after rate hikes from different central banks. The US Federal Reserve led the way during the out-gone week by raising rates by 25 basis points. It was a move widely expected by the market. It was followed by the European Central Bank. Rate hikes by the…
[ad_1] Join Our Telegram channel to stay up to date on breaking news coverage The crypto market is trying to raise its head today. But it is down by 0.34% thus far. This may be due to the fact that stock markets also slowed down in some economies. The UK and Japan are fortunate to tell the story of inflation slow-down. Nevertheless, the UK inflation is still very high. And Japan’s inflation just peaked in the real sense of it. Stock markets are down but the US dollar gained on Friday. The situation in the UK improved sentiments and traders…
[ad_1] Join Our Telegram channel to stay up to date on breaking news coverage The woes of the Chinese slow economy continue to get deeper. The panic following it is currently overshadowing any optimism coming from the US. Asian stocks were consequently mixed on Wednesday. But stocks were high in Japan and Australia due to the good company reports from the US. It brought hopes that the world’s biggest economy may avoid slipping into a recession. Reports also show inflation slowing down in the UK. Although the inflation is still very high, bonds have a prospect of rallying further. This…
[ad_1] Join Our Telegram channel to stay up to date on breaking news coverage The dominance of the bears in the past few days seems to have had little effect on the performance of some cryptocurrencies. Yesterday, the price of Solana, for example, was forced into a dip by the bears. However, it’s back with a wide jump that puts its price far above $20 in the last 24 hours. The price action is not only evident in the performance of Solana alone. Kaspa, Polygon, and other key assets are showing potential for an incoming rally and price growth. Despite…