Bitcoin Edges Lower; Compound Becomes Top Loser
Portfolio Pulse from Lisa Levin
Bitcoin (BTC) traded lower, below the $29,200 level, while Ethereum (ETH) edged higher, trading above the $1,800 mark. XDC Network (XDC) was the top gainer over the prior 24 hours, while Compound (COMP) was the biggest loser. The global crypto market cap fell to $1.17 trillion, recording a 24-hour decline of 0.3%.
July 25, 2023 | 1:47 pm
News sentiment analysis
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NEGATIVE IMPACT
Bitcoin traded lower, below the $29,200 level.
Bitcoin's price decrease is a direct result of the news, which is likely to impact its short-term performance negatively.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100
NEGATIVE IMPACT
Compound was the biggest loser over the prior 24 hours.
Compound's price decrease is a direct result of the news, which is likely to impact its short-term performance negatively.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100
POSITIVE IMPACT
Ethereum edged higher, trading above the $1,800 mark.
Ethereum's price increase is a direct result of the news, which is likely to impact its short-term performance positively.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100