Weekly Market Highlights #61: August 21 - August 27.

28 Aug 2023, 05:00
🔊Weekly Market Highlights #61: August 21 - August 27 ✨After last week's dump, the crypto market for the past 7 days has returned to a sideways state, but in part, that is also because there are few disruptive news that can bring volatility in the market. ✨Over the past week, the crypto market decreased by ~$7B (from ~$1,060B to ~$1,053B) of its total capitalization. ✨BTC Boring at $26K ✅After the drop from $29K last week, the price of BTC this week has almost no movement around the $26K area with low trading volume. ✅The preceding weekend passed uneventfully, with BTC maintaining its position around that mark. The beginning of the business week saw no significant changes, and BTC remained motionless. ✅A shift finally occurred on Wednesday, resulting in a dip of over $500. Yet, the bulls swiftly intervened, propelling the cryptocurrency northward. Thursday witnessed a more substantial price surge, propelling BTC to $26,8K. ✅However, BTC's advance halted, and it retraced to $26K, where it has remained for the past 48 hours. ✨The Weekly Losses ✅Although there is usually great volatility, the Altcoins of the past week have run in a stable price range ✅PEPE is facing a substantial 20% drop. This occurred amid suspicious transfers and claims about the meme coin's creator earlier this week. ✅Unlike TONCOIN, which surged over 9% in week, most major-cap altcoins like XRP, ADA, ETH, SOL, DOGE, DOT, and BNB all have 1% - 3% price drops. ✅RUNE, APE, and XDC followed suit with losses of up to 17% in the past week. ✅BSCS is trading at $0,007442, 13,06% from its 7-day all-time low of $0,006582. ✅The total crypto market cap remains virtually unchanged from last week at ~$1,050B. ✨Bitcoin Fear and Greed Index is 39 - Fear, higher than at the beginning of the week (38) ✨ Dominance: ✅BTC: 48.3% ✅ETH: 18.9% 📣Stay tuned! The Market's highlights will be updated by BSCStation 😎 ⭐️ BSCStation Official Media Channels: Website | Telegram | Substack | Twitter | Discussion | Youtube

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BSCStation
BSCStationBSCS #1679
Twitter
28 Aug 2023, 05:02
🔊Weekly Market Highlights #61: August 21 - August 27 ✨After last week's dump, the crypto market for the past 7 days has returned to a sideways state, but in part, that is also because there are few disruptive news that can bring volatility in the market. 👉More infomation here: #BSCStation #BSCS
Weekly Market Highlights #61: August 21 - August 27.
🔊Weekly Market Highlights #61: August 21 - August 27 ✨After last week's dump, the crypto market for the past 7 days has returned to a sideways state, but in part, that is also because there are few disruptive news that can bring volatility in the market. 👉More infomation here: https://t.co/gfiWGOiHfE #BSCStation #BSCS
BSCStation
BSCStationBSCS #1679
Telegram
28 Aug 2023, 05:00
🔊Weekly Market Highlights #61: August 21 - August 27 ✨After last week's dump, the crypto market for the past 7 days has returned to a sideways state, but in part, that is also because there are few disruptive news that can bring volatility in the market. ✨Over the past week, the crypto market decreased by ~$7B (from ~$1,060B to ~$1,053B) of its total capitalization. ✨BTC Boring at $26K ✅After the drop from $29K last week, the price of BTC this week has almost no movement around the $26K area with low trading volume. ✅The preceding weekend passed uneventfully, with BTC maintaining its position around that mark. The beginning of the business week saw no significant changes, and BTC remained motionless. ✅A shift finally occurred on Wednesday, resulting in a dip of over $500. Yet, the bulls swiftly intervened, propelling the cryptocurrency northward. Thursday witnessed a more substantial price surge, propelling BTC to $26,8K. ✅However, BTC's advance halted, and it retraced to $26K, where it has remained for the past 48 hours. ✨The Weekly Losses ✅Although there is usually great volatility, the Altcoins of the past week have run in a stable price range ✅PEPE is facing a substantial 20% drop. This occurred amid suspicious transfers and claims about the meme coin's creator earlier this week. ✅Unlike TONCOIN, which surged over 9% in week, most major-cap altcoins like XRP, ADA, ETH, SOL, DOGE, DOT, and BNB all have 1% - 3% price drops. ✅RUNE, APE, and XDC followed suit with losses of up to 17% in the past week. ✅BSCS is trading at $0,007442, 13,06% from its 7-day all-time low of $0,006582. ✅The total crypto market cap remains virtually unchanged from last week at ~$1,050B. ✨Bitcoin Fear and Greed Index is 39 - Fear, higher than at the beginning of the week (38) ✨ Dominance: ✅BTC: 48.3% ✅ETH: 18.9% 📣Stay tuned! The Market's highlights will be updated by BSCStation 😎 ⭐️ BSCStation Official Media Channels: Website | Telegram | Substack | Twitter | Discussion | Youtube
Weekly Market Highlights #61: August 21 - August 27.
🔊Weekly Market Highlights #61: August 21 - August 27 ✨After last week's dump, the crypto market for the past 7 days has returned to a sideways state, but in part, that is also because there are few disruptive news that can bring volatility in the market. ✨Over the past week, the crypto market decreased by ~$7B (from ~$1,060B to ~$1,053B) of its total capitalization. ✨BTC Boring at $26K ✅After the drop from $29K last week, the price of BTC this week has almost no movement around the $26K area with low trading volume. ✅The preceding weekend passed uneventfully, with BTC maintaining its position around that mark. The beginning of the business week saw no significant changes, and BTC remained motionless. ✅A shift finally occurred on Wednesday, resulting in a dip of over $500. Yet, the bulls swiftly intervened, propelling the cryptocurrency northward. Thursday witnessed a more substantial price surge, propelling BTC to $26,8K. ✅However, BTC's advance halted, and it retraced to $26K, where it has remained for the past 48 hours. ✨The Weekly Losses ✅Although there is usually great volatility, the Altcoins of the past week have run in a stable price range ✅PEPE is facing a substantial 20% drop. This occurred amid suspicious transfers and claims about the meme coin's creator earlier this week. ✅Unlike TONCOIN, which surged over 9% in week, most major-cap altcoins like XRP, ADA, ETH, SOL, DOGE, DOT, and BNB all have 1% - 3% price drops. ✅RUNE, APE, and XDC followed suit with losses of up to 17% in the past week. ✅BSCS is trading at $0,007442, 13,06% from its 7-day all-time low of $0,006582. ✅The total crypto market cap remains virtually unchanged from last week at ~$1,050B. ✨Bitcoin Fear and Greed Index is 39 - Fear, higher than at the beginning of the week (38) ✨ Dominance: ✅BTC: 48.3% ✅ETH: 18.9% 📣Stay tuned! The Market's highlights will be updated by BSCStation 😎 ⭐️ BSCStation Official Media Channels: Website | Telegram | Substack | Twitter | Discussion | Youtube