Bitcoin When Ethereum The global cryptocurrency market capitalization fell 0.8% at the time of the press to $ 974.3 billion, trading green on Tuesday night.
| coin | 24hours | 7 days | price |
|---|---|---|---|
| Bitcoin BTC / USD | 0.3% | -8.7% | $ 21,214.57 |
| Ethereum ETH / USD | 0.9% | -5.2% | $ 1,448.63 |
| Dogecoin Doge / USD | 0.5% | -9.05% | $ 0.06 |
| Cryptocurrency | 24-hour rate of change (+/-) | price |
|---|---|---|
| Qtum (QTUM) | + 7.8% | $ 3.65 |
| OKB (OKB) | + 5.3% | $ 15.42 |
| Ethereum Classic (etc) | + 8.1% | $ 25.16 |
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Important reason: Risky assets such as stocks and cryptocurrencies continue to be correlated. At the time of the press, major coins traded higher as stock futures rose.
S & P 500 and Nasdaq futures rose 0.8% and 1.4% at press, respectively, as investors digested earnings data from Google’s parent company. Alphabet Inc. Google Google When Microsoft MSFTA high-tech giant based in Redmond, Washington.
Cryptocurrency investors are also on Tenterhook regarding the ongoing U.S. Federal ReserveThe Public Market Committee is expected to raise interest rates.
Forex trader Miad Kaslavi I tweeted that every time there was a FOMC meeting, the Bitcoin average would return to normal. According to the charts shared by traders, the price action of Apex Coin tends to reverse until the meeting.
Is the FOMC important to BTC?
You tell me, the following are all post-conference pricing behaviors in 2022.
The BTC average will return every time.
The next FOMC meeting is tomorrow pic.twitter.com/IusJfnBM21
— Miad Kasravi (@ZFXtrading) July 26, 2022
Michael van de PoppeCryptocurrency trader Google said its earnings were “very strong” and Microsoft’s earnings were “not bad”.
“probably [a] It’s sold out at tomorrow’s FOMC meeting, “Van de Poppe said, adding that he expects a” green after “.
Very strong earnings from $ GOOG And the green post market. $ MSFT Not bad again.
Perhaps it will be sold out when we enter tomorrow’s FOMC meeting.
Later green.
All the information can be found here: https: //t.co/IjEwuqN4G3
—Michaël van de Poppe (@CryptoMichNL) July 26, 2022
On-chain data company Glassnode Small investors or shrimp with a BTC of less than 1 have tweeted that they have since increased their holdings of circular Bitcoin supply from 5.2% to more than 6%. Terra Classic (LUNC) It collapsed.
#Bitcoin A cohort of shrimp with a BTC of less than 1 increased the relative holdings of circulating shrimp $ BTC It supplies 5.2% to 6.0% or more after LUNA collapses.
This is equivalent to 156k $ BTC Added in total to the balance on the shrimp chain. pic.twitter.com/MNHTWIQtbe
— Glassnode (@glassnode) July 26, 2022
From now on, investors will focus on returns from Apple AAPL When Amazon.com, Inc AMZN, Will be released on Thursday. Also, on Thursday, US GDP data for the second quarter is scheduled.
“If earnings and US GDP are worse than expected, market concerns can grow as recession concerns grow,” wrote a Global Block analyst. Marcus Sotirio In the memo that Benzinga saw.
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