After the interest rate decision announced by the US Federal Reserve (FED) yesterday and Powell’s directing the market, cryptocurrencies moved up and down. Then, with the move of Coinbase and Justin Sun by the SEC, cryptocurrencies deepened their downward movement.
BTC, which was withdrawn to $ 26500 during the day, moved above the $ 28,000 levels again.
The volatile movements experienced in the last 24 hours adversely affected investors who made leveraged transactions in the demand market. crypto tracker coinglass According to data, traders have lost $310 million in the last 24 hours.
While $31 million of the losses occurred in Bitcoin, the leading crypto was Ethereum, respectively. Arbitrum And Litecoin followed. Native token of the ETH Layer-2 network Arbitrum ARB It was listed on the leading exchanges today.
ARB, which started trading on the Kucoin exchange at 15.00 Turkish time, rose to $ 11 in the first minutes, but currently finds buyers around $ 1.31.
Bitcoin, the biggest of the cryptocurrencies, is struggling to hold above the critical resistance level ($28,000) again.
Latest Status in Bitcoin
Bitcoin, which held on above $ 28 thousand towards the FED’s interest rate decision, declined to $ 26,000 with the effect of the later news. BTC rose above the critical level again with the purchases received today.
Looking at the price structure, it is seen that the resistance of the bears continues, especially at $ 28,500. Some of the crypto experts are skeptical of BTC’s price action. “important decision stage” interprets. If the bulls prevail, a new journey could begin for $30,000.
For exclusive news, analytics and on-chain data Telegram our group, twitter our account and YouTube Follow our channel now! Moreover Android And iOS Start live price tracking right now by downloading our apps!