Bitcoin, Ethereum, Dogecoin Traded Mixed Amid CRV Hack Drama: Analyst Says King Crypto 'Screaming Up' As Halving Draws Near
Portfolio Pulse from Mehab Qureshi
Major cryptocurrencies traded mixed on Sunday evening amid the turmoil surrounding Curve Finance and its CRV token. The U.S. July jobs report had little impact on Bitcoin’s price. The global crypto market capitalization stands at $1.16 trillion, a 0.31% increase in the last day. Analysts predict that regulatory decisions and ETF rulings will trigger a meaningful crypto move. The total market capitalization of the crypto market appears to be forming a higher low, expected to coincide with the 200-Week Moving Average (MA) / Exponential Moving Average (EMA).
August 07, 2023 | 2:26 am
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Dogecoin traded slightly down amid mixed trading for major cryptocurrencies. The overall market conditions and regulatory decisions are expected to influence Dogecoin's price.
The article mentions that Dogecoin's price was slightly down amid mixed trading for major cryptocurrencies. The overall market conditions and regulatory decisions are expected to influence Dogecoin's price.
CONFIDENCE 85
IMPORTANCE 75
RELEVANCE 75
NEUTRAL IMPACT
Bitcoin traded slightly up amid mixed trading for major cryptocurrencies. Analysts predict regulatory decisions and ETF rulings will trigger a significant move in Bitcoin's price.
The article mentions that Bitcoin's price was little changed despite the release of the U.S. July jobs report. Analysts predict that regulatory decisions and ETF rulings will be the likely catalysts to trigger a meaningful move in Bitcoin's price.
CONFIDENCE 85
IMPORTANCE 75
RELEVANCE 100
NEUTRAL IMPACT
Ethereum traded slightly up amid mixed trading for major cryptocurrencies. The overall market conditions and regulatory decisions are expected to influence Ethereum's price.
The article mentions that Ethereum's price was slightly up amid mixed trading for major cryptocurrencies. The overall market conditions and regulatory decisions are expected to influence Ethereum's price.
CONFIDENCE 85
IMPORTANCE 75
RELEVANCE 75