đ Whatâs going on with crypto on August 13?
If you looked at the app and didnât see a rocketâdonât be surprised, because the market still feels nauseous)
$BTC has been stuck for two months around $63,500 â $63,800
đ»Inflation in the US turned out exactly as everyone expected. That calmed the market, but it didnât give a push to run and buy everything
đ»Psychology: Many people bought BTC earlier at a price around $68,700. Now theyâre slightly in the red and are waiting for the price to come back so they can just break even. This creates strong resistance to growth
đ»In the market of «Fear»
The «Fear and Greed» Index is 29 points out of 100. That means most investors are scared and more inclined to sell than to buy
ââââââââââââ
Interesting crypto news:
đBinance bStocks became the second most popular in the world in just two months. Now itâs even easier to invest in regular companies through crypto
đETH: Big firm Fidelity wants to add «staking» for its investors in Ethereum so they can earn passive income.
đSOL: The well-known fund GSR currently holds more money in Solana than in BTC or ETH
đThere was panic that Metaplanet sold BTC for $320 million. Actually, they just moved it to another wallet. Not a single coin was sold!
#market #news #crypto
If you looked at the app and didnât see a rocketâdonât be surprised, because the market still feels nauseous)
$BTC has been stuck for two months around $63,500 â $63,800
đ»Inflation in the US turned out exactly as everyone expected. That calmed the market, but it didnât give a push to run and buy everything
đ»Psychology: Many people bought BTC earlier at a price around $68,700. Now theyâre slightly in the red and are waiting for the price to come back so they can just break even. This creates strong resistance to growth
đ»In the market of «Fear»
The «Fear and Greed» Index is 29 points out of 100. That means most investors are scared and more inclined to sell than to buy
ââââââââââââ
Interesting crypto news:
đBinance bStocks became the second most popular in the world in just two months. Now itâs even easier to invest in regular companies through crypto
đETH: Big firm Fidelity wants to add «staking» for its investors in Ethereum so they can earn passive income.
đSOL: The well-known fund GSR currently holds more money in Solana than in BTC or ETH
đThere was panic that Metaplanet sold BTC for $320 million. Actually, they just moved it to another wallet. Not a single coin was sold!
#market #news #crypto
