© by BenzingaMajor coins were trading late on Tuesday, as the global crypto market fell 0.8% to $807.1 billion at 7:15 p.m. EST.
| Coin | 24 hours | 7 days | Price: |
|---|---|---|---|
| Bitcoin (CRYPTO: BTC) | -1.5% | -1.4% | $16,708.61 |
| Ethereum ( CRYPTO : ETH) | -1.4% | -0.5% | $1212.28 |
| Dogecoin (CRYPTO: DOGE) | -2.8% | -1.5% | $0.07 |
| crypto currency | % change in 24 hours (+/-) | Price: |
|---|---|---|
| Terra Classic (HOLE) | +7.9% | $0.00017 |
| Quantum (QNT) | +3.4% | $114.26 |
| OCD | +3.5% | $23.98 |
See Also: How To Buy Altcoins With An IRA In 2022
Because it is important? While Bitcoin and Ethereum are trading in the red, other riskier assets like stocks are moving little. At the time of writing, US stock futures were slightly in the green.
The S&P 500 fell Tuesday as bond yields rose and investors looked to what lies ahead next year.
The benchmark 10-year Treasury yield rose 10.4 basis points to 3.851% from a five-week high of 3.862%, Reuters reported.
Among the day's events, Fidelity Investments filed three trademark applications with the US Patent and Trademark Office for Web3 for various products and services, including an NFT marketplace and a cryptocurrency trading platform.
Regarding Bitcoin, Michael van de Pop said that Bitcoin is at “the last support level before the reversal”. The trader said: “If it breaks I think we are looking at $16.1k/ or $15.7k. It should be over $16,800 again."
When major historical addresses started appearing in May, the price correlation of Litecoin (CRYPTO:LTC) and Bitcoin showed a “huge” correlation. According to the market analysis platform, the LTC/BTC price ratio has increased by 130% since June 12. Addresses of 1,000 LTC or more rose to 4,232 on Tuesday, the highest level since 2020.
Among other altcoins, the chart holder, Ali Martinez , pointed to the TD sequence, an indicator that shows a change in the price trend of an asset, saying that the indicator provides a "sell signal" such as a bearish divergence in the XRP four hour chart. Happens. with RSI.
“The original structure suggested a one to four [XRP] candlestick correction,” Martinez said.
Read below . Bitcoin, Ethereum, Dogecoin may surprise around the holidays, but analysts warn of a rocky road ahead for crypto investors in 2023.
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