👀 Crypto Market Overview
〽️ Bitcoin has surged above $100k again, marking a solid start to the week for the entire market.
🪙 BTC is trading around — $101,700
🔷 ETH is fluctuating near — $3,660
📈 The top gainer in the last 24 hours: BTT +8.11%
📉 The biggest drop: VIRTUAL -6.02%
📊 Market Indicators:
😨 Fear and Greed Index — 78
💲 Altseason Index — 59
📈 Long/Short Ratio — 49/51
💰 Total Market Cap — $3.51 trillion
👑 Bitcoin Dominance — 57.62%[/i][/b]
💵 Yesterday, total net inflows into BTC ETFs amounted to $987M. Spot ETH ETFs saw a total net inflow of $129M.
🪙 There is a noticeable increase in RLUSD transactions, and this growth is expected to continue due to RLUSD's compliance with MiCA regulations
🕕 MicroStrategy purchased another 1,070 BTC for $101M. The company now holds a total of 447,470 BTC.
🕔 Vitalik Buterin sold 28 random tokens gifted to him, worth $984,000 USDC, and transferred the funds to his charitable foundation. Naturally, the prices of some tokens crashed following the sale.
🏠 Federal Reserve regulator Michael Barr is stepping down. Barr previously stated that the Fed is likely to find it unsafe and unfeasible for banks to hold crypto directly on their balance sheets.
🏦 FTX EU has been acquired by Backpack Exchange, a platform founded by former employees of FTX and Alameda.
💸 Over the last 24 hours, the Solana network surpassed Ethereum and Base combined in DEX trading volume.
🔮 Forecast:
Having breached $100k, it’s now crucial to watch whether this breakout is genuine. False breakouts like this have occurred before, such as last December. A move higher is possible, but it’s wiser to wait for confirmation before making decisions. A pullback below $99k would signal a return to the dreaded sideways market.
t.me/PumpDoom
Topic: Crypto Market Analysis: BTC Breaks $100k! Your Predictions? (Read 20 times)
Jump to: