Cryptocurrency Trading Update: Bears Crush Crypto Markets Below $110 Billion
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Cryptocurrency Trading Update: Bears Crush Crypto Markets Below $110 Billion

THELOGICALINDIAN - FOMO Moments

The bears are still advance their ascendancy over crypto markets as the bottomward accelerate continues. Total bazaar assets has alone aback beneath $110 billion and is branch aback appear a new annual low.

Bitcoin has bootless to annals any assets on the day and has sunk addition 1.5% on the day to $3,450 at the time of writing. BTC alone beneath $3,400 a few hours ago but has managed to barb aback a little during the day’s Asian trading session. Technical signals are not attractive absolute and we could be seeing Bitcoin aback beneath $3,300 actual soon.

There is not abundant point advertence Ethereum as it has alone been activity one way in contempo months. Shaving addition 2% on the day ETH is aback beneath $90 again.

The absolute top ten is red at the time of autograph with all altcoins activity the affliction again. Bitcoin SV is bottomward the best with a 5% abatement to beneath $90, Stellar is not far abaft accident over 4% on the day. Tether is accepting a attenuate moment aloft a dollar as USDT climbs the bazaar cap chart after alteration its own.

The top twenty is appropriately as austere this morning with all altcoins in the red abreast from Binance Coin which has fabricated over 3% on the day demography it abutting to $5. Iota is accepting pounded, bottomward bottomward to 14th with an 8% abatement on the day. Ethereum Classic is additionally falling aback address a added 5% to beneath $4.

Having a acceptable dosage of FOMO at the moment is DEX with a 44% billow from yesterday’s levels. A advertisement on Korean barter Coinbit is accouterment the momentum. Credo has additionally entered the top one hundred with a bifold chiffre accretion on the day.

Taking a anticipated dump is yesterday’s pumper, WAX, falling 36% at the moment. Factom is additionally auctioning all contempo assets with an 18% accelerate on the day.

Total bazaar assets is aerial about $109 billion afterwards auctioning addition 2% today. It is not far off the weekend’s low point of the year at aloof beneath $104 billion and there is a able likelihood that things will dump bottomward to bifold abstracts eventually rather than later.

FOMO Moments is a area that takes a circadian attending at the top 20 altcoins during the accepted trading affair and analyses the best assuming ones, attractive for trends and accessible fundamentals.