Bitcoin Dips Below $7,500 аs Crypto Markets See Second Day of Losses
Crypto markets have seen their second day of losses, with Bitcoin dipping below $7,500 and virtually all major cryptocurrencies in the red Go to Source Powered by WPeMatico
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Crypto markets have seen their second day of losses, with Bitcoin dipping below $7,500 and virtually all major cryptocurrencies in the red Go to Source Powered by WPeMatico
Widespread losses in the markets are seeing Bitcoin back below the $8,000 mark for the third time this week, and total market cap down about $10 billion on the day Go to Source Powered by WPeMatico
During July, the majority of leading cryptocurrency markets have produced stagnant or declining volume month-over-month. BTC, USDT, and DASH were the sole top ten markets able to buck the trend, with BTC’s trade volume notably increasing by 4.6%. Also Read: Mining Round-Up: Sky Mining CEO Flees with $35 Million, Texas Attracts Miners BTC Extends Lead Relative … Read more
Experts have still not reached consensus on whether the approval of a Bitcoin ETF by the SEC is all that important. Meanwhile, the markets continue reacting to the recent rejection of an ETF by Winklevoss twins – let’s check the charts Go to Source Powered by WPeMatico
Over the past week, the U.S. SEC has rejected one Bitcoin ETF application and postponed its decision on another. Watching the markets react to this will allow us to gauge whether the trend has turned positive, or the recent pullback was just a bear market rally Go to Source Powered by WPeMatico
Cryptos have been hit with major losses across the board in response to the SEC’s rejection of the Winklevoss Bitcoin ETF application, and CME’s rejection of altcoin futures Go to Source Powered by WPeMatico
The potential approval of a Bitcoin ETF by the U.S. SEC would be a boost to the crypto markets, but not to the extent of last year’s rally. What will the price action be until then? Let’s look at the charts Go to Source Powered by WPeMatico
Having led the week’s impressive uptick, Bitcoin its consolidating newly won gains, while other leading crypto assets are seeing mixed red and green Go to Source Powered by WPeMatico
Bitcoin (BTC) broke through the $8,000 price point this morning, as the top cryptocurrency continues to outperform most other major crypto assets Go to Source Powered by WPeMatico
Some altcoins are falling even as Bitcoin is experiencing a rally – what is the reason for the increasing BTC dominance? Let’s see what the charts have to say Go to Source Powered by WPeMatico