Crypto Daybook Americas: Market Dips, BTC Expected to Fall to $80K
A look ahead at the cryptocurrency market's decline, with Bitcoin hovering around $88,000 and potential factors influencing the drop.

A look ahead at the cryptocurrency market's decline, with Bitcoin hovering around $88,000 and potential factors influencing the drop.
Traders rush to buy as Bitcoin slides, increasing the long-short ratio, according to Kraken's insights.
ETH is nearing a significant liquidation threshold as its value has plummeted over the past day.
The Crypto Fear and Greed Index has dropped sharply to 25 following a significant overall market downturn, highlighting growing bearish sentiment.
Ether risks entering a troubling 'death cross' formation, suggesting a bearish shift as other major cryptocurrencies also remain below their 200-day averages.
Bitcoin faces pressure as it sinks to levels unseen in three months, influenced by Nasdaq trends and a strengthening Japanese yen.

The FTX token saw a temporary increase after Sam Bankman-Fried, currently serving a prison sentence, tweeted for the first time in two years, discussing layoffs and employee management.
Raydium cautions that Pump.Fun's shift towards its own automated market maker may be a miscalculation, highlighting risks involved.
The SEC has announced the end of its investigation into Uniswap Labs without any penalties, marking a significant shift for the agency regarding crypto companies.
Aux Cayes FinTech, the operator of OKX, pleads guilty to unlicensed operations and agrees to significant fines.
As stablecoins reach a market cap of over $233 billion, discussions arise on whether Elon Musk's X should develop a stablecoin that offers benefits to its users.
The Indian cryptocurrency market is projected to grow significantly by 2035, influenced by a rising interest in digital assets and an expanding trading volume.

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