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PLUS: The first half of 2023 has so far been very promising for the crypto majors.
PLUS: Dismissing the very real prevalence of Ponzi schemes in GameFi isn't a good look for Web 3.
The largest cryptocurrency by market cap tends to rally in the month of July, the report said.
The latest price moves in crypto markets in context for July 5, 2023.
Copies of several meme coins have popped across the board in a trend that’s likely to die out within weeks.
The 90-day rolling correlation between bitcoin and Nasdaq, S&P 500 is now at the lowest level observed since July 2021, according to data tracked by crypto derivatives analytics firm Block Scholes.
Still, bitcoin miners’ inventory sales climbed to a record as they took advantage of the cryptocurrency’s strong performance, the report said.
A bullish flag looks to be forming and would be completed on a breakout above $31,900, analysts at Fairlead Strategies said.
The bitcoin cash-Korean won (BCH/KRW) pair listed on Upbit has registered a trading volume of $557.63 million in the past 24 hours. That's nearly 3.5 times
It would be unusual for bitcoin to stay bullish when fiat liquidity measures are pointing lower, one portfolio manager said.
- 18:48Data: 94% increase in NFT sales in a single week as crypto market risesAccording to data disclosed by Cointelegraph on the X platform, NFT sales increased by 94% in a single week as the cryptocurrency market rose, with the top three blockchains for NFT sales being Ether, Bitcoin and Solana.
- 18:47ETH breaks through $3,100The Bitget ticker shows that ETH broke through $3,100 and is now at $3,100.51, down 1.59% in 24 hours.
- 18:46AR breaks above $18The Bitget ticker shows that AR broke above $18 and is now at $18.01, a 24-hour gain of 0.56%.
