Although investors are worried about the Fed's hawkishness amid the inflation rebound, BTC seems to consolidate at the support level. During the weekend, BTC and other tokens gradually rebound from the bottom.
Last Friday, BTC dipped to $22.7k at one point. Notably, the upper price territory still has the ask orders to barrier the price pump. Fortunately, these orders are not too large enough to impact the price movement.
Last Friday, BTC dipped to $22.7k at one point. Notably, the upper price territory still has the ask orders to barrier the price pump. Fortunately, these orders are not too large enough to impact the price movement.
📝 VC Poured About $958M in the Crypto and Blockchain Industry — source
Tokenhell
VC Poured About $958M in the Crypto and Blockchain Industry | Tokenhell
Bitcoin fundraising activity soared in February, with the cryptocurrency and blockchain sectors receiving a $958 million influx of venture capital. Read Tokenhell for more.
📝 Top Whales Accumulate $40,000,000,000 in Ethereum, Shattering Seven-Year Record: Santiment — source
The Daily Hodl
Top Whales Accumulate $40,000,000,000 in Ethereum, Shattering Seven-Year Record: Santiment - The Daily Hodl
The largest Ethereum (ETH) whales have been quietly gobbling up ETH in 2023, according to the crypto analytics firm Santiment.
On the RSI, slightly bearish div. + low volume + BB 3SD touch - so resistance is likely, but there is room to build more momentum. Price action looks healthy and well structured.
Crypto markets had a strong session in spite of the movement in yields and SPX, with both BTC/ETH back in the middle of his recent range with short-futures liquidation meaningfully overtaking longs for the first time in a couple of weeks.
Funding rates remain steady at around 5.5–6% annualized, though at lower levels than the early February peaks. Option flows remain mixed with term structure looking normal while risk-reversals remain biased to the upside for BTC over ETH.
Funding rates remain steady at around 5.5–6% annualized, though at lower levels than the early February peaks. Option flows remain mixed with term structure looking normal while risk-reversals remain biased to the upside for BTC over ETH.
Binance USD market cap falls below $10B amid rising regulatory concerns
As it stands today, BUSD's market cap has fallen by nearly $14 billion since its all-time high of $23.49 billion on Nov. 15, 2022.
As it stands today, BUSD's market cap has fallen by nearly $14 billion since its all-time high of $23.49 billion on Nov. 15, 2022.
Many exchanges suspends USD deposits and withdrawals via Silver gate. This could be the reason for market collapse. If this is thee reason then market reacted very late.