Ethereum Falls Below $1,900; Rocket Pool, MultiversX Among Top Losers
Portfolio Pulse from Lisa Levin
Cryptocurrency prices fell below key levels on Friday, with Bitcoin (BTC) trading below $30,000 and Ethereum (ETH) below $1,900. Chainlink (LINK) was the top gainer over the prior 24 hours, while Rocket Pool (RPL) was the biggest loser. The global crypto market cap fell to $1.2 trillion, recording a 24-hour decline of 0.3%.
July 21, 2023 | 1:41 pm
News sentiment analysis
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NEGATIVE IMPACT
Bitcoin fell below the key $30,000 level.
Bitcoin's price falling below a key level could trigger sell-offs, negatively impacting its short-term price.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100
NEGATIVE IMPACT
MultiversX (EGLD) was among the top losers.
MultiversX's price drop could trigger further sell-offs, negatively impacting its short-term price.
CONFIDENCE 90
IMPORTANCE 60
RELEVANCE 100
NEGATIVE IMPACT
Ethereum traded below the key $1,900 mark.
Ethereum's price falling below a key level could trigger sell-offs, negatively impacting its short-term price.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100
POSITIVE IMPACT
Chainlink was the top gainer over the prior 24 hours.
Chainlink's price increase could attract more buyers, positively impacting its short-term price.
CONFIDENCE 90
IMPORTANCE 60
RELEVANCE 100