ETH Liquid Staking Coins High Flight, Bitcoin goes back to $ 22.5,000 (market observation)

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Von Krypto News Österreich

Bitcoin ist in den letzten 24 Stunden stark eingebrochen und markierte ein Zwei-Wochen-Tief von unter 22.500 $. Die meisten Altcoins sind ebenfalls leicht im Minus, abgesehen von offensichtlichen Ausnahmen, die von Ethereum Liquid Staking-Assets wie LDO, RPL und FXS stammen. ETH Liquid Staking Tokens steigen Der jüngste Preisrausch kommt nur wenige Stunden, nachdem der CEO von Coinbase – Brian Armstrong – Bedenken hinsichtlich eines möglichen harten Vorgehens der US-Behörden beim Abstecken angesprochen hat. Mehrere Vertreter der ETH Liquid Staking-Nische tauchten mit massiven Preiserhöhungen auf, darunter LDO, das um fast 10 % gestiegen ist. RPL und FXS sind ebenfalls um ähnliche …
Bitcoin has broken down heavily in the last 24 hours and marked a two-week low of less than $ 22,500. Most of the old coins are also slightly in the red, apart from obvious exceptions, which come from Ethereum Liquid Staking-Assets such as LDO, RPL and FXS. ETH Liquid Staking Tokens The latest price rush is only a few hours after the CEO of Coinbase-Brian Armstrong-has addressed concerns about a possible hard procedure for the US authorities. Several representatives of the ETH Liquid Staking niche appeared with massive price increases, including LDO, which has increased by almost 10 %. RPL and FXS are also similar ... (Symbolbild/KNAT)

Bitcoin has broken down in the last 24 hours and marked a two-week low of less than $ 22,500

Most old coins are also easy to reduce, apart from obvious exceptions, which come from Ethereum Liquid Staking-Assets such as LDO, RPL and FXS.

ETH Liquid Staking tokens rise

The recent price frenzy only comes a few hours after the CEO of Coinbase-Brian Armstrong-approached concerns about a possible hard procedure for the US authorities when stuck. Several representatives of the ETH Liquid Staking niche appeared with massive price increases, including LDO, which has increased by almost 10 %.

rPL and FXS have also risen by similar percentages. At the same time, ETH fell over $ 1,650 in the same period.

Most other large cap alternatives are also in the minus, including Binance Coin, Ripple, Cardano, Dogecoin, Solana, Polkadot, Litecoin and Avalanche. Shiba Inu and OKB lost over 5 % in one day.

polygon is the only exception among the top 10 crypto-assets with a daily increase of 3 %. Chainlink is also in the green area - 5.5 % increase.

The overall capitalization of the crypto market has dropped by around $ 20 billion to $ 1.060 trillion in one day.

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

Bitcoin sees 2-week deep

The primary cryptocurrency experienced increased volatility last week when the US Federal Reserve increased the interest rates by another 25 basis points. This was quite optimistic about the asset, which was increased to over $ 24,000 for the first time since August 2022.

This rally was short -lived, however, because the bears came into play. They pushed Bitcoin strongly south, which led to a drop in price days later. Then there was another speech by Fed chairman Jerome Powell, who brought further fluctuations.

However,

BTC failed when overcoming $ 23,000 and experienced another crash. This time he fell to a two-week low of $ 22,400 (on Bitstamp).

Since then it has made something well, but is still less than $ 23,000. This means that its market capitalization is almost $ 440 billion and its dominance compared to the Alts is 41.3 %.

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