Approaching to September Crypto Coins He’s having a relatively good weekend. Powell’s statements on Friday significantly increased the risk appetite. Thus, Eth has reached the record levels of all time. So what’s the latest situation in crypto coins? Why did the rise stop?
Why did the rise stop?
If you remember Powell Since the start of the supported rise, we have mentioned that if the ETF flows are strong positive, crypto currencies may experience larger peaks at the weekend. However, this did not happen. BTC saw weak output and this spot was compatible at the price. While the worse, the ETF markets are open, we saw a very weak flow, although the expectation of ETH ATH was strengthened.
Friday ETH ETF‘s 337 million dollars of entrance, and this should be far below. Perhaps the entrance was weak because the concerns about Friday caused a total of less than $ 1 billion in the previous days, but this caused the weekend rally to be shifted.
Crypto coins latest situation
Ether The article was prepared at 4,789 dollars and BTC declined to 115 thousand dollars. Left coin The market value has managed to decompose positively between large subcoins, progressing to the target of $ 220. In the ETHBTC parity, which is the lock indicator we watch for the Altcoins, things are very well. Even though we start to see some sales, the fact that the 0.041BTC level is still being preserved says that subcoins may experience rapid rise for the next 10 days.
Especially if it is similar to the left coin today BTC If the fixed, ETH remains strong, we may experience days when annual peaks in many subcoa are tested. For a long time, investors have been waiting for a decrease in uncertainty, and Altcoins could not even approach last year’s election rally.
The heroes of the day in the 100 largest crypto currencies JTO, Cro, Ray, Left and Pendle was. Of course, there are no huge gains in the first part, we explained the reason for this. However, the rally that can be experienced in the next 10 days may be advantageous because they seem willing from today.
After this news, you can publish a comprehensive evaluation for important developments in the coming days and hours.
Responsibility Rejection: The information contained in this article does not contain investment advice. Investors should be aware that crypto currencies carry high volatility and thus risk and carry out their operations in line with their own research.
