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Most cryptocurrencies showed a mixed performance on Sunday evening as Bitcoin, the world’s largest cryptocurrency, appeared to be right, but some altcoins are having notable advantages.
| Cryptocurrency | Success +/- | Price (Registered 9:30 pm EST) |
| Bitcoin (CRYPTO: BTC) | -4.37% | $41,846 |
| Ethereum (CRYPTO: ETH) | +5.17% | $2,351 |
| Dogecoin (CRYPTO: DOGE) | -3.88% | $0.095 |
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What happen: Bitcoin’s The rally hit a temporary halt on Sunday as it fell briefly to $41,800. This small drop indicates that traders may choose to lock in profits after witnessing the cryptocurrency’s sharp rise from $38,000 last week.
ETH witnessed a rise of 5% reaching its highest price since May 2022.
Information from CoinGlass revealed in the past 24 hours, the cryptocurrency market received a liquidation amount of $374.41 million and 109,015 traders were involved. The largest liquidation order occurred on OKX, involving BTC-USDT-SWAP with a value of $8.23 million.
Best of luck (24 Hours)
| Cryptocurrency | Success +/- | Price (Posted 9:30 pm EDT) |
| Helium | +14.06% | $5.06 |
| BitTorrent | +11.99% | $0.00000124 |
| injection | +8.06% | $20.63 |
The global market has reached $1.6 million, marking a 1.34% increase in the last 24 hours.
US stock futures showed slight gains on Sunday night as investors looked forward to the outcome Federal Reserve meeting of 2023.
Dow Jones Industrial Average futures gained 22 points, equivalent to a 0.06% increase, while S&P futures and Nasdaq 100 futures posted smaller gains of less than 0.1%. The S&P 500 and the Nasdaq Composite both closed on Friday with a famous six-week winning streak, reaching 0.2% and 0.7% respectively. In contrast, the Dow remained up all week.
During the upcoming Fed meeting on Wednesday, the Chairman said Jerome Powell the FFA interest rate is expected to remain unchanged within a range of 5.25% to 5.5%, a position it has held since July. Market expectations, as indicated by the CME Group’s FedWatch tool, currently suggest a 45% chance of a 0.25 percentage point rate cut by the Fed in March.
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See It’s better: Find the best Cryptocurrency
Search information: Cryptocurrency research Michael Van de Poppe Notice that the Altcoin market capitalization recently broke from the 18-month side line. Looking ahead, “the next phase that may arise for a top end will be between $1.1-1.3T.”
Eli TarantoDirector General c EQI Bank, In a letter seen by Benzinga, he said, “As the US posts a stronger than expected jobs report, Bitcoin gains at the end of the week but persistent risks will see lower territory in the coming weeks, see $40K over the holiday period.”
He added, “BTC pressure will continue to build as retail investors decide to take profits for the holiday period. economic indicators.”
A cryptocurrency analyst suggests that Bitcoin is following a similar pattern as Amazon’s (AMZN) stock from more than a decade ago. The researcher, called d TechDevshare a chart on X comparing BTC prices over the last three years to AMZN in 2010 and 2011.
“This is when AMZN re-examined its previous all-time high with an extended correction. Just like BTC did. Then there was a breakdown of the fundamentals of both houses. The green line is where BTC has moved since the chart.”
TechDev points out that both charts show two peaks in each asset, followed by significant corrections at all-time highs. Researchers are also noticing that they suddenly reach new highs all the time and there are little or no gaps in between.
“The rapid rise to new highs from here will be unusual for the extension of the flat tests of the first ATH, if you can pass the story of the herd about half. It is only the new high from here, I’m not surprised. When the structure analogs work, because most people’s speculative behavior does not change, regardless of the asset.”
Image by CMP_NZ on Shutterstock
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“Finish 2023 Strong with 3 Hot Selling Ideas – Free Shipping”
Ready for your shot at the next potential 32%, 39% or 45% income in today’s market? You will miss Stock Expert Gianni Di Poce’s 3 of the latest stock ideas… Things that could change your entire wealth building journey. If you’re ready to finish 2023 strong with 12 hot selling ideas every month. ACT FAST.
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