The past 24 hours brought more price fluctuations to the cryptocurrency market, especially after the US Federal Reserve announced the highest interest rate hike since 1994. Nevertheless, bitcoin managed to sustain above $20,000, while the altcoins are well in the green on a daily scale now.
Bitcoin នៅសល់លើសពី ៦០.០០០ ដុល្លារ
The past week or so didn’t go well for the primary cryptocurrency, which dumped last Friday by a few thousand dollars after the US CPI numbers outlined the highest inflation in about 40 years.
The weekend and the start of this week brought even more adverse price movements, and BTC found itself dumping to and below $21,000, which became its lowest price position in over a year and a half.
Yesterday the asset came just inches away from បំបែកខាងក្រោម the coveted $20,000 mark, but it bounced off at that level. Then came the Fed សេចក្តីប្រកាស about raising the interest rates by 75 basis points, which threatened BTC’s price movements once again.
However, the asset reacted differently this time and spiked to $23,000 in hours. Despite failing there and retracing by over a grand, bitcoin is still well in the green on a daily scale.
ដំណឹង Bitcoin គួរឱ្យកត់សម្គាល់
After refuting the rumors that his company had to face a margin call for its BTC-backed loan from Silvergate, MicroStrategy’s Michael Saylor បាននិយាយថា: the recent crash has provided a great opportunity to accumulate more of the asset.
Fidelity’s Director of Global Macro – Jurrien Timmer – បានកត់សម្គាល់ that nothing has really changed in BTC’s fundamentals and on-chain data shows it could be cheaper than it looks.
The popular derivatives trader – Peter Brandt – បានព្រមាន that BTC could further slide to $13,000 as it recently painted a double-top.
Altcoins on the Road to Recovery
The alternative coins plummeted just as hard as BTC lately, but the landscape on a 24-hour scale now is all green.
ETH was also close to breaking below a round-numbered milestone of $1,000. It didn’t, though, and it has since added more than 10% of value. As a result, the second-largest crypto is now trading near $1,200.
Most of the larger-cap alts see similar gains now. BNB is at $225, ADA has jumped to $0.5, XRP is above $0.3, and DOT is close to $8.
Solana has skyrocketed by more than 20%, while TRX is up by 25% to over $0.06.
With the lower and mid-cap altcoins also recovering impressive percentages today, the crypto market cap has added $80 billion and is well above $900 billion now.
ព័ត៌មាន Altcoin
TRON’s massive price surge today could be attributed to the fact that the Reserve behind it had to ដក 2.5 billion TRX from Binance to safeguard the USDD peg.
Amid the massive volatility and price crash, traders turned to stablecoins, and USDC in particular, which បានកត់ត្រា its second-highest volume ever.
Microsoft’s Co-Founder – Bill Gates – បានប្រកែក that NFTs and some cryptocurrencies are based on the “greater fool theory.”
Binance ឥតគិតថ្លៃ 100 ដុល្លារ (ផ្តាច់មុខ): ប្រើតំណនេះ ដើម្បីចុះឈ្មោះ និងទទួលបាន $100 ឥតគិតថ្លៃ និងថ្លៃសេវា 10% លើ Binance Futures ខែដំបូង (លក្ខខណ្ឌ).
ការផ្តល់ជូនពិសេសរបស់ PrimeXBT៖ ប្រើតំណនេះ ដើម្បីចុះឈ្មោះ និងបញ្ចូលលេខកូដ POTATO50 ដើម្បីទទួលបានប្រាក់រហូតដល់ 7,000 ដុល្លារលើការដាក់ប្រាក់របស់អ្នក។
ការបដិសេធ: ព័ត៌មានដែលរកឃើញនៅលើគ្រីបតូប៉ូតូតូគឺជាព័ត៌មានរបស់អ្នកនិពន្ធ។ វាមិនតំណាងឱ្យគំនិតរបស់គ្រីបតូប៉ូតូតូថាតើត្រូវទិញលក់ឬកាន់កាប់ការវិនិយោគណាមួយទេ។ អ្នកត្រូវបានណែនាំឱ្យធ្វើការស្រាវជ្រាវដោយខ្លួនឯងមុនពេលធ្វើការសម្រេចចិត្តវិនិយោគណាមួយ។ ប្រើព័ត៌មានដែលបានផ្តល់ជូនតាមហានិភ័យរបស់អ្នក។ សូមមើលការបដិសេធសម្រាប់ព័ត៌មានបន្ថែម។
តារាង Cryptocurrency ដោយ TradingView ។
Source: https://cryptopotato.com/after-massive-volatility-btc-bounced-off-20k-altcoins-recover-double-digits-market-watch/