Bitcoin Falls; Synthetix, Pepe Among Top Losers
Portfolio Pulse from Lisa Levin
Bitcoin and Ethereum experienced a drop in their prices, trading above $29,200 and below $1,900 respectively. The global crypto market cap also fell to $1.18 trillion, a 24-hour decline of 0.5%. Synthetix and Pepe were among the biggest losers in the crypto market, while Immutable was the top gainer.
July 28, 2023 | 2:07 pm
News sentiment analysis
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NEGATIVE IMPACT
Bitcoin price dropped, trading above $29,200.
The news reports a drop in Bitcoin's price, which is likely to negatively impact its short-term performance.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100
NEGATIVE IMPACT
Ethereum price edged lower, trading below $1,900.
The news reports a drop in Ethereum's price, which is likely to negatively impact its short-term performance.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100
NEGATIVE IMPACT
Maker experienced a drop in its price.
The news reports a drop in Maker's price, which is likely to negatively impact its short-term performance.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100
NEGATIVE IMPACT
Optimism experienced a drop in its price.
The news reports a drop in Optimism's price, which is likely to negatively impact its short-term performance.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100
NEGATIVE IMPACT
Pepe was among the biggest losers in the crypto market.
The news reports a drop in Pepe's price, which is likely to negatively impact its short-term performance.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100
NEGATIVE IMPACT
Synthetix turned out to be the biggest loser in the crypto market.
The news reports a drop in Synthetix's price, which is likely to negatively impact its short-term performance.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100