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Bitcoin and major alternative cryptocurrencies are facing renewed selling pressure, with the total market value of digital assets declining by 1.55% to reach approximately $2.62 trillion. This drop is attributed to higher oil prices, inflation concerns, the Federal Reserve’s expectations of tighter monetary policy, U.S. Treasury yields approaching 5%, the strength of the U.S. dollar, capital outflows from Bitcoin exchange-traded funds, and widespread liquidations. Key support levels for Bitcoin, Ethereum, Ripple, BNB, Solana, and Hyperliquide#TokenizedStockHoldersUp619.1% #RevolutConfirmsFakeGovEmailDataBreach #EtherRalliesAsBearishBetsLiquidate #USInflationHoldsAt3.4%InAugust are being tested
$LSK
$LAB
Bitcoin and major alternative cryptocurrencies are facing renewed selling pressure, with the total market value of digital assets declining by 1.55% to reach approximately $2.62 trillion. This drop is attributed to higher oil prices, inflation concerns, the Federal Reserve’s expectations of tighter monetary policy, U.S. Treasury yields approaching 5%, the strength of the U.S. dollar, capital outflows from Bitcoin exchange-traded funds, and widespread liquidations. Key support levels for Bitcoin, Ethereum, Ripple, BNB, Solana, and Hyperliquide#TokenizedStockHoldersUp619.1% #RevolutConfirmsFakeGovEmailDataBreach #EtherRalliesAsBearishBetsLiquidate #USInflationHoldsAt3.4%InAugust are being tested