Ethereum Edges Higher; Bitcoin Cash, Dash Among Top Gainers
Portfolio Pulse from Lisa Levin
Bitcoin and Ethereum edged higher, trading above $29,000 and $1,800 respectively. Bitcoin Cash was the top gainer over the past 24 hours, while Shiba Inu was the biggest loser. The global crypto market cap fell to $1.16 trillion, recording a 24-hour decline of 0.1%.
August 07, 2023 | 1:37 pm
News sentiment analysis
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POSITIVE IMPACT
Bitcoin Cash was the top gainer over the prior 24 hours.
The news reports that Bitcoin Cash was the top gainer over the past 24 hours, which is a positive signal for the cryptocurrency. This could lead to increased investor confidence and potential short-term price increase.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100
POSITIVE IMPACT
Bitcoin edged higher, trading above the key $29,000 level.
The news reports that Bitcoin is trading above the key $29,000 level, which is a positive signal for the cryptocurrency. This could lead to increased investor confidence and potential short-term price increase.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100
POSITIVE IMPACT
Ethereum moved slightly higher, trading above the key $1,800 mark.
The news reports that Ethereum is trading above the key $1,800 mark, which is a positive signal for the cryptocurrency. This could lead to increased investor confidence and potential short-term price increase.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100
NEGATIVE IMPACT
Shiba Inu turned out to be the biggest loser over the prior 24 hours.
The news reports that Shiba Inu was the biggest loser over the past 24 hours, which is a negative signal for the cryptocurrency. This could lead to decreased investor confidence and potential short-term price decrease.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100