Ethereum Trades Below This Key Level; Rocket Pool, THORChain Among Top Losers
Portfolio Pulse from Lisa Levin
Bitcoin traded higher but remained below $26,000, while Ethereum edged lower, trading below the key $1,800 mark. The global crypto market cap rose to $1.06 trillion, with a 24-hour gain of 0.5%. Top gainers included Sui, Aptos, and Synthetix, while top losers were Rocket Pool and THORChain.
June 12, 2023 | 1:44 pm
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NEGATIVE IMPACT
Ethereum edged lower, trading below the key $1,800 mark.
Ethereum's price decrease and trading below the key $1,800 mark indicates a bearish sentiment in the market, which could lead to a negative short-term impact on its price.
CONFIDENCE 90
IMPORTANCE 75
RELEVANCE 100
NEUTRAL IMPACT
Bitcoin traded higher but remained below the $26,000 level.
Bitcoin's price increase is a positive sign, but it is still trading below the $26,000 level, which may indicate uncertainty in the market. This could lead to a neutral short-term impact on its price.
CONFIDENCE 90
IMPORTANCE 75
RELEVANCE 100