តម្លៃរបស់ Bitcoin (BTC អ) dropped to a level not seen in more than a week on July 26, as investor jitters increased ahead of an impending interest-rate rise by the Federal Reserve (Fed).
Currently, the flagship cryptocurrency is trading below $21,000, at $20,955, down 4.26% on the day and a further 7.17% across the last week, according to CoinMarketCap data retrieved by ហ្វីនបុល.
As a result, the digital asset’s entire market value is now sitting at $400.13 billion, the last time BTC had a market cap of this size was on July 18—more than a week ago.
The decline has dampened hopes for a lasting Bitcoin recovery and reverted the token to a trading range of between $19,000 to $22,000. The anticipated 75-basis-point Fed rate hike on Wednesday, July 27, is part of a tightening cycle squeezing liquidity; consequently, investors’ appetite for risk appears to be on the wane.
“We’ve had some stabilization over the past few weeks and that gave some folks confidence that perhaps a bottom was being put in place. We’re not so convinced,” Katie Stockton, co-founder of Fairlead Strategies, បាននិយាយថា: on Bloomberg Television.
Fed hike may already be priced into the market
Interestingly, crypto consultancy platform Eight Global is more optimistic about the Federal Open Market Committee (FOMC) meeting on July 27. The platform បានកត់សម្គាល់ the federal funds rate is important for crypto since:
“Crypto គឺជាប់ទាក់ទងជាមួយទីផ្សារភាគហ៊ុន ហើយទីផ្សារភាគហ៊ុនត្រូវបានប៉ះពាល់ដោយអត្រាមូលនិធិសហព័ន្ធ។ អត្រាកើនឡើងធ្វើឱ្យប៉ះពាល់ដល់ដំណើរការភាគហ៊ុន ខណៈពេលដែលអត្រាធ្លាក់ចុះធ្វើឱ្យភាគហ៊ុនកាន់តែគួរឱ្យចាប់អារម្មណ៍ជាការវិនិយោគ។"
Moreover, Eight Global stated an increase of 75 basis points is expected by the majority and is the most likely outcome, but this is already priced into the market.
“A 75 bps hike will either have a neutral or bullish outcome for stocks and crypto, as this has been priced in during the past weeks.”
ទន្ទឹមនឹងនេះដែរ ការជួញដូរគ្រីប អ្នកជំនាញ Michaël van de Poppe opined ។ with the markets correcting he is “looking at a $20.5K-20.7K area to hold for Bitcoin going into FOMC tomorrow”.
អស្ថិរភាពទីផ្សារ
As a result of the instability, regulatory control of the sector is becoming more strict. Coinbase, for example, is facing an investigation in the United States into whether it wrongly allowed Americans to trade digital assets that should have been registered as securities.
The background of global issues, with Russia limiting gas supplies to Europe and increasing food prices generating fears about destabilization in emerging economies, adds to the uncertainty over the route that crypto assets may take.
Finally, another barrier for digital tokens comes from this year’s performance of the US dollar relative to other major developed-market currencies.
ការមិនទទួលខុសត្រូវ: ខ្លឹមសារនៅលើគេហទំព័រនេះមិនគួរត្រូវបានចាត់ទុកថាជាដំបូន្មានវិនិយោគទេ។ ការវិនិយោគគឺជាការប៉ាន់ស្មាន។ នៅពេលវិនិយោគ ដើមទុនរបស់អ្នកមានហានិភ័យ។
Source: https://finbold.com/bitcoin-falls-to-a-1-week-low-as-yet-another-fed-rate-hike-beckons/