JUST IN: πΊπΈ $1.75 trillion wiped out from the US stock market today.
$130,000,000,000 wiped out from the crypto market cap.
$130,000,000,000 wiped out from the crypto market cap.
JUST IN: π°π· South Korea's KOSPI stock market halted after 8.4% crash, triggering circuit breaker.
The share of ETH supply sitting at more than 3x profit has dropped to 11%, the lowest reading since February 2017.
What makes this cycle structurally different?
In the previous two cycles, this cohort exceeded 50% of total supply at peak. This time, that threshold was never reached. ETH's profitability profile has fundamentally compressed relative to prior cycles.
What makes this cycle structurally different?
In the previous two cycles, this cohort exceeded 50% of total supply at peak. This time, that threshold was never reached. ETH's profitability profile has fundamentally compressed relative to prior cycles.
Crypto Market Update
Bitcoin is holding above the crucial $60,000 support and slowly pushing higher. π
πΉ Support: $60,000πΉ Resistance: $65,500 - $66,000
As long as BTC stays above $60K, bulls remain in control. Watch the resistance zone closely for the next major move.
Bitcoin is holding above the crucial $60,000 support and slowly pushing higher. π
πΉ Support: $60,000πΉ Resistance: $65,500 - $66,000
As long as BTC stays above $60K, bulls remain in control. Watch the resistance zone closely for the next major move.
Official launch of #Instagram Plus subscription: New tools to increase reach and customization.
Officially, Meta is launching the paid Instagram Plus subscription globally. The subscription offers advanced tools to control story access, detailed statistics, and new customization options for the profile for $3.99 per month.
Officially, Meta is launching the paid Instagram Plus subscription globally. The subscription offers advanced tools to control story access, detailed statistics, and new customization options for the profile for $3.99 per month.
π Funding remains at healthy levels across the market, showing that bullish sentiment is present without signs of excessive leverage.
This suggests traders are positioning for further upside, but the market is not yet crowded with longs. As long as funding stays balanced, the current trend has room to continue without immediate signs of overheating.
This suggests traders are positioning for further upside, but the market is not yet crowded with longs. As long as funding stays balanced, the current trend has room to continue without immediate signs of overheating.