Main meals:-
- The ether record and the highest increase increased with a 9 % increase, while maintaining a positive momentum from last week.
- Notice the broader cryptocurrency market by 1.7 % in the total capitalization, with bitcoin trading near $ 103,000.
- Despite strong growth, traders are keen due to the strongest and commercial tensions, which may lead to short -term exchange.
ETHEREUM is trading more than 2600 dollars, with Dogecoin near 24 cents. XRP, BNB BNB, Cardano’s Ada and Solana Sol series increased between 3 % -5 %.
Although many major are witnessing gains, encryption traders have become more cautious because of the largest financial markets and warn that people may sell for short -term profits. The strongest dollar and new trade issues slow down, although Bitcoin is about to reach record levels.
“The strongest dollar, caused by the news of the definitions, has resulted in naturally encrypted currencies,” Alex Copsikvich, the chief market expert in FXPro, said in an email to Coindesk. “This is more true because Bitcoin is close to its highest value, which makes people more likely to sell for quick profits after a strong height in a little more than a month.”
With global markets moving from being very cautious to a sense of hope, Bitcoin remains in the air. The original is discovered again between different stories or views of some merchants.
“Bitcoin is still struggling between being” digital gold “and risky investment,” said traders from QCP Capital in Singapore. “This confusion makes it difficult to predict it. With the global status of focus on protectionism turning to more positive commercial expectations, Bitcoin may continue to move within a specific price range.”
However, the mood is still optimistic. The anxiety morale and the investor, which was widely observed, remained above 70 for a period of four consecutive days, and the level of “greed” is usually associated with a strong desire to buy in the market in the short term.
“Bitcoin revealed its wrong behavior on Monday.” But as positive feelings continue, their value is to pay attention to the movement of prices near $ 105.
Elsewhere, the latest asset flow report from Coinshares $ 882 million in institutional capital, which is the third week of strong purchase.
BTC started with $ 867 million, while ETH noticed a little more than $ 1.8 million, even with the outstanding performance last week. Significantly, Solana (SOL) was $ 3.4 million in external flows, even with a largely subscribing trading in call options $ 200 ending in late June, as it was mentioned.
Also read:- Sol is merges near the key level- predicting prices at home
Release Liability: We at Bitcoinik.com provides you with the latest information in the encryption market. However, this information should not be considered financial advice, and viewers should consult their financial advisers before investing.
