$ 70 billion from the cryptoma markets because the seconds are made against CEXs: market observation

Von Krypto News Österreich

Bitcoin brach in den letzten 24 Stunden um über 1.000 $ auf ein Drei-Wochen-Tief unter 22.000 $ ein, als die SEC offiziell das Krypto-Staking verfolgte. Die meisten Altcoins bluten genauso stark aus, wobei ADA, DOGE, OKB, SOL, DOT und viele andere an einem Tag um über 5 % fallen. BTC-Dumps unter 22.000 $ Es war Anfang des Monats, nach der jüngsten Zinserhöhung der US-Notenbank, als die größte Kryptowährung auf 24.300 $ (auf Bitstamp) in die Höhe schnellte und ein Fünfmonatshoch markierte. Das Blatt wendete sich jedoch an diesem Punkt, als die Bären an ihre Anwesenheit erinnerten. BTC konnte sich nicht …
Bitcoin collapsed over $ 22,000 for a three-week low in the last 24 hours when the SEC officially pursued crypto staking. Most old coins bleed out just as much, with Ada, Doge, Okb, Sol, Dot and many others fall by over 5 % in one day. BTC-Dumps under $ 22,000 It was at the beginning of the month, after the recent interest rate increase of the US Federal Reserve, when the largest cryptocurrency skyrocketed to $ 24,300 (on Bitstamp) and marked a five-month high. However, the paper turned at this point when the bears reminded of their presence. BTC couldn't ... (Symbolbild/KNAT)

Bitcoin broke in over $ 1,000 to a three-week low in the last 24 hours, when the SEC officially pursued crypto staking.

Most old coins bleed out just as much, with Ada, Doge, Okb, Sol, Dot and many others fall by over 5 % in one day.

BTC dumps below $ 22,000

It was at the beginning of the month after the recent interest rate of the US Federal Reserve, when the largest cryptocurrency skyrocketed to $ 24 (on Bitstamp) and marked a five-month high. However, the paper turned at this point when the bears reminded of their presence.

BTC not only could not keep up over $ 24,000, but also fell back to $ 23,000 days later. It spent the weekend roughly at this level with low commercial volumes before it tried again at the beginning of this week to overcome the latter, but without success.

Therefore, Bitcoin got stuck in a known range near $ 23,000. At that time, the landscape changed when the rumors about the hard procedure of the SEC actually appeared against crypto staking and followed the supervisory authority.

In the following hours, BTC collapsed by about $ 1,500 and fell to a three-week low of $ 21,600. Although Bitcoin has now recovered by a few hundred dollars, Bitcoin has still fallen by more than 3 % that day. Its market capitalization has dropped to $ 420 billion, while its dominance over the old coins is 41.4 %.

Btcusd. TradingView BTCUSD. Tradingview

old coins in red

The old coins also turned red after the actions of the SEC during the day. Ethereum fell by 5 % in one day and fights $ 1,550. Only as a reference, ETH was well over $ 1,700 until days ago

Binance Coin, Ripple, Polygon, Litecoin and Tron fell up to 4 % in one day. Even more losses are shown by Cardano, Dogecoin, OKB, Solana, Polkadot and Shiba Inu.

The situation in the Lower and Mid cap-alcohol coins is similar, since most have fallen by 5-10 %. Therefore, it is no wonder that the cumulative market capitalization of all crypto-assets broke up by $ 70 billion in one day and is only a few centimeters over $ 1 trillion.

Overview of the cryptocurrency market. Krypto quantify Overview of the cryptocurrency market. Quantify crypto