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Digital asset investment products recorded outflows last week for the first time since mid-June, CoinShares reported.
Regulatory uncertainty surrounding Binance, the largest crypto exchange, tends to weigh on crypto prices.
Worldcoin price soared to $3.58 shortly after launching but traders and crypto advocates have many concerns.
MKR looks primed to continue the rally given its recent buyback mechanism and two other key metrics that impact Maker’s price.
Bitcoin price is down today as investors expect the Federal Reserve to raise rates and crypto whales send record amounts of BTC to exchanges.
The latest price moves in crypto markets in context for July 24, 2023.
Bitcoin is at the pivotal 50-day SMA support, and a drop below this level could result in accelerated selling of BTC and altcoins.
One analyst pointed out the $27,000 level could be a short-term target for bitcoin amid the lack of positive news.
The balance kept in addresses that hold coins for at least 155 days has increased by $1.87 billion this month.
XRP price is down today, like other top crypto assets, as traders anticipate a Federal Reserve rate hike this week.
- 16:35A whale bought 6488.5 ETH for $1772A whale spent 11.5 million USDC to buy 6488.5 ETH at $1,772 during the previous market decline, according to Lookonchain monitoring.
- 16:07Bitget is now live on the U-native XAUT perpetual contractBitget has launched the U-denomination XAUT perpetual contract, leverage range of 1-50 times, contract trading BOT open simultaneously.
- 16:05Agencies: tariff impact already starting to show up in US economic index for MarchTrump's tariffs announced yesterday could cause profound changes to prices and economic indicators, but inflation indicators for March are already showing some of the impact of the trade policy, says Comerica's Bill Adams. People are scrambling to buy cars as consumers try to move ahead of the tariffs, which could push up auto prices. In terms of producer prices, commodity markets are already reflecting the sharp rise in tariffs, which could be reflected in higher prices for steel, lumber and other construction materials. However, the full impact of the tariffs ‘could take several quarters’ to show up in indicators. ‘March will be just the beginning.’