On Tuesday, the rise of the GBPUSD exceeded expectations, with a surge exceeding 1.3400. The GBPUSD continued to rise in the morning session today, with a possibility of testing at 1.3450. But it is unlikely to test the next resistance level of 1.3480. The lower support levels are at 1.3400 and 1.3365. Surprised by the easy breakthrough of the GBPUSD over 1.3400, the increased upward momentum suggests that the GBPUSD may further strengthen. The next resistance level to pay attention to is 1.3480. On the downside side, if the GBP/USD falls below the strong support level of 1.3330, it means that the strong rise in GBP/USD since the beginning of last week has come to an end.

On Tuesday, the rise of the GBPUSD exceeded expectations, with a surge exceeding 1.3400. The GBPUSD continued to rise in the morning session today, with a possibility of testing at 1.3450. But it is unlikely to test the next resistance level of 1.3480. The lower support levels are at 1.3400 and 1.3365. Surprised by the easy breakthrough of the GBPUSD over 1.3400, the increased upward momentum suggests that the GBPUSD may further strengthen. The next resistance level to pay attention to is 1.3480. On the downside side, if the GBP/USD falls below the strong support level of 1.3330, it means that the strong rise in GBP/USD since the beginning of last week has come to an end.

Investing.com - The Swiss National Bank cut its key interest rate by 25 basis points to 1.0% on Thursday, its third consecutive reduction. The Swiss central bank had been widely expected to ease monetary policy as the country’s inflation rate came in at 1.1% last month, the slowest pace among G10 economies and nearly in the midpoint of the SNB's 0%-2% target range. Meanwhile, business surveys indicate that broader economic activity has been weak over the summer, and unemployment has also continued to trend upward slightly since the first half of 2023.

Investing.com - The Swiss National Bank cut its key interest rate by 25 basis points to 1.0% on Thursday, its third consecutive reduction. The Swiss central bank had been widely expected to ease monetary policy as the country’s inflation rate came in at 1.1% last month, the slowest pace among G10 economies and nearly in the midpoint of the SNB's 0%-2% target range. Meanwhile, business surveys indicate that broader economic activity has been weak over the summer, and unemployment has also continued to trend upward slightly since the first half of 2023.

Investing.com -- US stock futures point higher on Thursday, with markets gearing up for fresh commentary from Federal Reserve Chair Jerome Powell and new inflation data later this week. Micron (NASDAQ:MU) shares spike in extended hours dealmaking after the memory chip manufacturer unveiled current-quarter guidance that topped Wall Street expectations. Elsewhere, reports say ChatGPT-maker OpenAI is working on plans to restructure as a for-profit company. 1. Futures higher US stock futures edged into the green as investors awaited the statements from Powell and looked ahead to the release of the Fed's preferred inflation reading on Friday.

Investing.com -- US stock futures point higher on Thursday, with markets gearing up for fresh commentary from Federal Reserve Chair Jerome Powell and new inflation data later this week. Micron (NASDAQ:MU) shares spike in extended hours dealmaking after the memory chip manufacturer unveiled current-quarter guidance that topped Wall Street expectations. Elsewhere, reports say ChatGPT-maker OpenAI is working on plans to restructure as a for-profit company. 1. Futures higher US stock futures edged into the green as investors awaited the statements from Powell and looked ahead to the release of the Fed's preferred inflation reading on Friday.

Dogecoin (DOGE) has gained recognition and utility within the cryptocurrency space for several reasons, primarily due to its community support, speed, and low transaction costs. Here's an overview of its usage: ### 1. **Payment System** - **Microtransactions**: Dogecoin’s low transaction fees make it ideal for small payments or microtransactions, such as tipping content creators on social media platforms like Reddit and Twitter (now X). - **Online Payments**: Many online retailers and service providers accept Dogecoin as a payment option. Platforms like BitPay enable businesses to integrate Dogecoin into their payment systems. ### 2. **Charity and Fundraising** - Dogecoin has a strong community-driven aspect, often used to fund charitable causes and crowdfunding campaigns. For instance, the Dogecoin community raised funds for projects like sending the Jamaican bobsled team to the 2014 Winter Olympics and sponsoring clean water projects in Kenya. ### 3. **Trading and Speculation** - **Volatility and Popularity**: Dogecoin is widely traded on major exchanges due to its popularity and volatile price movements. Its meme-driven nature attracts traders looking to profit from quick price changes, especially during speculative rallies like those seen in 2021. - **Elon Musk Influence**: Dogecoin has garnered significant attention due to endorsements from figures like Elon Musk, who dubbed it “the people’s crypto,” which can result in sudden price spikes based on tweets or public statements. ### 4. **Entertainment and Social Media** - **Tipping Culture**: Dogecoin became popular in the early days for tipping fellow users on platforms like Reddit. This system allowed users to reward content creators for their posts, comments, and efforts. - **Meme Culture**: Dogecoin’s origin as a meme-based cryptocurrency tied to the “Doge” meme has made it a symbol of fun and humor in the crypto space, which helps maintain its popularity on social media platforms. ### 5. **Transaction Speed and Low Fees** - Dogecoin offers faster block times (around 1 minute) compared to Bitcoin, which makes it suitable for faster transactions. Its low transaction fees make it a convenient option for users who want to send or receive crypto without high costs. ### 6. **DeFi and Integration** - Although not as prominent as Ethereum in decentralized finance (DeFi), Dogecoin has started being integrated into various DeFi protocols. Users can also trade or lend Dogecoin on certain platforms to earn interest. ### 7. **Community-Driven Development** - Dogecoin’s strong and supportive community plays a key role in its ongoing development and success. It has remained relevant despite being created as a joke, largely due to the collective efforts of its users and developers. While Dogecoin started as a meme coin, its utility has expanded due to its low-cost, fast transactions and a passionate community, making it a versatile cryptocurrency in certain areas of the crypto ecosystem.

Dogecoin (DOGE) has gained recognition and utility within the cryptocurrency space for several reasons, primarily due to its community support, speed, and low transaction costs. Here's an overview of its usage: ### 1. **Payment System** - **Microtransactions**: Dogecoin’s low transaction fees make it ideal for small payments or microtransactions, such as tipping content creators on social media platforms like Reddit and Twitter (now X). - **Online Payments**: Many online retailers and service providers accept Dogecoin as a payment option. Platforms like BitPay enable businesses to integrate Dogecoin into their payment systems. ### 2. **Charity and Fundraising** - Dogecoin has a strong community-driven aspect, often used to fund charitable causes and crowdfunding campaigns. For instance, the Dogecoin community raised funds for projects like sending the Jamaican bobsled team to the 2014 Winter Olympics and sponsoring clean water projects in Kenya. ### 3. **Trading and Speculation** - **Volatility and Popularity**: Dogecoin is widely traded on major exchanges due to its popularity and volatile price movements. Its meme-driven nature attracts traders looking to profit from quick price changes, especially during speculative rallies like those seen in 2021. - **Elon Musk Influence**: Dogecoin has garnered significant attention due to endorsements from figures like Elon Musk, who dubbed it “the people’s crypto,” which can result in sudden price spikes based on tweets or public statements. ### 4. **Entertainment and Social Media** - **Tipping Culture**: Dogecoin became popular in the early days for tipping fellow users on platforms like Reddit. This system allowed users to reward content creators for their posts, comments, and efforts. - **Meme Culture**: Dogecoin’s origin as a meme-based cryptocurrency tied to the “Doge” meme has made it a symbol of fun and humor in the crypto space, which helps maintain its popularity on social media platforms. ### 5. **Transaction Speed and Low Fees** - Dogecoin offers faster block times (around 1 minute) compared to Bitcoin, which makes it suitable for faster transactions. Its low transaction fees make it a convenient option for users who want to send or receive crypto without high costs. ### 6. **DeFi and Integration** - Although not as prominent as Ethereum in decentralized finance (DeFi), Dogecoin has started being integrated into various DeFi protocols. Users can also trade or lend Dogecoin on certain platforms to earn interest. ### 7. **Community-Driven Development** - Dogecoin’s strong and supportive community plays a key role in its ongoing development and success. It has remained relevant despite being created as a joke, largely due to the collective efforts of its users and developers. While Dogecoin started as a meme coin, its utility has expanded due to its low-cost, fast transactions and a passionate community, making it a versatile cryptocurrency in certain areas of the crypto ecosystem.

USDT (Tether) is highly recognized in the cryptocurrency market for several key reasons: ### 1. **Stable Value (Pegged to USD)** - USDT is a stablecoin, meaning its value is pegged to the U.S. dollar at a 1:1 ratio. This makes it less volatile than most other cryptocurrencies, which can experience dramatic price swings. For traders and investors, USDT provides a stable store of value amidst market fluctuations. ### 2. **Liquidity and Usage** - USDT is one of the most traded assets in the crypto market, offering deep liquidity. It serves as a bridge between fiat currencies and volatile cryptocurrencies, making it easier for traders to move funds without converting to traditional currencies. Its liquidity makes it useful for transactions, trading, and decentralized finance (DeFi) activities. ### 3. **Widely Accepted on Exchanges** - Almost every cryptocurrency exchange supports USDT as a trading pair due to its stability and liquidity. It acts as a common intermediary for buying and selling various cryptocurrencies, especially for those who wish to avoid converting into fiat currencies like USD or EUR. ### 4. **Hedging Against Volatility** - During periods of market downturns or extreme volatility, traders convert their assets into USDT to "park" their value without withdrawing from the crypto ecosystem. This way, they avoid exposure to price drops in other cryptocurrencies. ### 5. **Cross-Border Transactions** - USDT allows for quick, low-cost international transfers. Since it is a blockchain-based currency, it bypasses the slow and often expensive processes associated with traditional financial institutions, making it a preferred method for global transfers, especially in countries with restrictive financial systems. ### 6. **Integration in DeFi and Yield Farming** - USDT is extensively used in decentralized finance (DeFi) platforms for lending, borrowing, and yield farming. Its stable value makes it a secure choice for these applications, allowing users to earn returns without exposing themselves to high volatility. Despite its widespread use, Tether has faced scrutiny over transparency and the adequacy of its reserves backing each USDT in circulation, but it continues to be a dominant force in the stablecoin and crypto market due to its usefulness.

USDT (Tether) is highly recognized in the cryptocurrency market for several key reasons: ### 1. **Stable Value (Pegged to USD)** - USDT is a stablecoin, meaning its value is pegged to the U.S. dollar at a 1:1 ratio. This makes it less volatile than most other cryptocurrencies, which can experience dramatic price swings. For traders and investors, USDT provides a stable store of value amidst market fluctuations. ### 2. **Liquidity and Usage** - USDT is one of the most traded assets in the crypto market, offering deep liquidity. It serves as a bridge between fiat currencies and volatile cryptocurrencies, making it easier for traders to move funds without converting to traditional currencies. Its liquidity makes it useful for transactions, trading, and decentralized finance (DeFi) activities. ### 3. **Widely Accepted on Exchanges** - Almost every cryptocurrency exchange supports USDT as a trading pair due to its stability and liquidity. It acts as a common intermediary for buying and selling various cryptocurrencies, especially for those who wish to avoid converting into fiat currencies like USD or EUR. ### 4. **Hedging Against Volatility** - During periods of market downturns or extreme volatility, traders convert their assets into USDT to "park" their value without withdrawing from the crypto ecosystem. This way, they avoid exposure to price drops in other cryptocurrencies. ### 5. **Cross-Border Transactions** - USDT allows for quick, low-cost international transfers. Since it is a blockchain-based currency, it bypasses the slow and often expensive processes associated with traditional financial institutions, making it a preferred method for global transfers, especially in countries with restrictive financial systems. ### 6. **Integration in DeFi and Yield Farming** - USDT is extensively used in decentralized finance (DeFi) platforms for lending, borrowing, and yield farming. Its stable value makes it a secure choice for these applications, allowing users to earn returns without exposing themselves to high volatility. Despite its widespread use, Tether has faced scrutiny over transparency and the adequacy of its reserves backing each USDT in circulation, but it continues to be a dominant force in the stablecoin and crypto market due to its usefulness.

Making fast cash in crypto can be highly risky and volatile, but some strategies have been employed by traders to generate quick profits. Here are a few ways people try to make fast cash in the crypto space: ### 1. **Day Trading** - **How it works**: Day trading involves buying and selling cryptocurrencies within short time frames (minutes, hours, or a day) to take advantage of small price movements. Traders analyze price charts and patterns to predict future price directions. - **Pros**: Potential for high gains if timed correctly. - **Cons**: Extremely risky, requires technical analysis skills, and markets can be unpredictable. ### 2. **Scalping** - **How it works**: Scalping is a more intense form of day trading where traders aim for many small profits over a very short period by exploiting small price gaps. - **Pros**: Can be profitable if executed well, as it focuses on small consistent gains. - **Cons**: Requires constant monitoring of the market and high transaction costs can eat into profits. ### 3. **Arbitrage Trading** - **How it works**: This strategy involves buying a cryptocurrency on one exchange where the price is lower and selling it on another exchange where the price is higher. - **Pros**: Can be relatively low-risk if executed quickly. - **Cons**: Price differences across exchanges can be small and vanish quickly, and transfer fees can reduce profits. ### 4. **Yield Farming and Staking** - **How it works**: Yield farming involves providing liquidity to decentralized finance (DeFi) platforms in exchange for interest or rewards. Staking involves locking up your cryptocurrency in a blockchain to support the network and earn rewards. - **Pros**: Generates passive income through interest or rewards. - **Cons**: Returns depend on the volatility of the assets staked, and there’s always the risk of smart contract failure. ### 5. **Airdrops and Bounties** - **How it works**: Some crypto projects distribute free tokens to promote their platform (airdrops) or reward users for participating in marketing or development tasks (bounties). - **Pros**: Low initial investment, and sometimes you receive tokens for free. - **Cons**: Often, the tokens you receive may not hold much value initially or at all. ### 6. **ICO Investments** - **How it works**: Investing in an Initial Coin Offering (ICO) or a new project’s token sale with the hope that the token price will skyrocket after its release. - **Pros**: Huge potential returns if the project succeeds. - **Cons**: Many ICOs turn out to be scams or failures, resulting in total loss of investment. ### 7. **Leveraged Trading (Margin Trading)** - **How it works**: Leverage trading allows you to borrow funds to trade more than your initial capital, magnifying your potential gains. - **Pros**: Can significantly boost returns on small price movements. - **Cons**: High risk of losing more than your initial investment, especially in a volatile market. ### 8. **NFT Flipping** - **How it works**: Buying non-fungible tokens (NFTs) at a low price and selling them at a higher price, often driven by trends or hype. - **Pros**: High gains if the NFT's value appreciates quickly. - **Cons**: The NFT market can be highly speculative, and prices can crash quickly. ### Risks to Consider: - **Volatility**: Crypto prices are extremely volatile, and what goes up fast can come down even faster. - **Scams and Hacks**: The crypto space is filled with potential scams, rug pulls, and exchange hacks, so due diligence is crucial. - **Regulatory Issues**: Regulations around cryptocurrencies are constantly evolving, and crackdowns can lead to significant losses. Before pursuing any of these methods, it is essential to thoroughly research and understand the risks involved.

Making fast cash in crypto can be highly risky and volatile, but some strategies have been employed by traders to generate quick profits. Here are a few ways people try to make fast cash in the crypto space: ### 1. **Day Trading** - **How it works**: Day trading involves buying and selling cryptocurrencies within short time frames (minutes, hours, or a day) to take advantage of small price movements. Traders analyze price charts and patterns to predict future price directions. - **Pros**: Potential for high gains if timed correctly. - **Cons**: Extremely risky, requires technical analysis skills, and markets can be unpredictable. ### 2. **Scalping** - **How it works**: Scalping is a more intense form of day trading where traders aim for many small profits over a very short period by exploiting small price gaps. - **Pros**: Can be profitable if executed well, as it focuses on small consistent gains. - **Cons**: Requires constant monitoring of the market and high transaction costs can eat into profits. ### 3. **Arbitrage Trading** - **How it works**: This strategy involves buying a cryptocurrency on one exchange where the price is lower and selling it on another exchange where the price is higher. - **Pros**: Can be relatively low-risk if executed quickly. - **Cons**: Price differences across exchanges can be small and vanish quickly, and transfer fees can reduce profits. ### 4. **Yield Farming and Staking** - **How it works**: Yield farming involves providing liquidity to decentralized finance (DeFi) platforms in exchange for interest or rewards. Staking involves locking up your cryptocurrency in a blockchain to support the network and earn rewards. - **Pros**: Generates passive income through interest or rewards. - **Cons**: Returns depend on the volatility of the assets staked, and there’s always the risk of smart contract failure. ### 5. **Airdrops and Bounties** - **How it works**: Some crypto projects distribute free tokens to promote their platform (airdrops) or reward users for participating in marketing or development tasks (bounties). - **Pros**: Low initial investment, and sometimes you receive tokens for free. - **Cons**: Often, the tokens you receive may not hold much value initially or at all. ### 6. **ICO Investments** - **How it works**: Investing in an Initial Coin Offering (ICO) or a new project’s token sale with the hope that the token price will skyrocket after its release. - **Pros**: Huge potential returns if the project succeeds. - **Cons**: Many ICOs turn out to be scams or failures, resulting in total loss of investment. ### 7. **Leveraged Trading (Margin Trading)** - **How it works**: Leverage trading allows you to borrow funds to trade more than your initial capital, magnifying your potential gains. - **Pros**: Can significantly boost returns on small price movements. - **Cons**: High risk of losing more than your initial investment, especially in a volatile market. ### 8. **NFT Flipping** - **How it works**: Buying non-fungible tokens (NFTs) at a low price and selling them at a higher price, often driven by trends or hype. - **Pros**: High gains if the NFT's value appreciates quickly. - **Cons**: The NFT market can be highly speculative, and prices can crash quickly. ### Risks to Consider: - **Volatility**: Crypto prices are extremely volatile, and what goes up fast can come down even faster. - **Scams and Hacks**: The crypto space is filled with potential scams, rug pulls, and exchange hacks, so due diligence is crucial. - **Regulatory Issues**: Regulations around cryptocurrencies are constantly evolving, and crackdowns can lead to significant losses. Before pursuing any of these methods, it is essential to thoroughly research and understand the risks involved.

Received now Samll account Check this is ✔️✔️ Running trade profit 🏃‍♀🏃‍♀✔️✔️

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Binance is facing a turbulent relationship with Nigerian authorities due to several regulatory and legal disputes. Recently, the Nigerian government accused Binance of foreign exchange manipulation, contributing to the sharp depreciation of the naira. The government has demanded nearly $10 billion in compensation from Binance, citing violations of tax obligations, foreign exchange rules, and money laundering concerns. This has led to a crackdown on Binance's operations in Nigeria, with several arrests, including a senior Binance executive, Tigran Gambaryan. Additionally, Binance has set two conditions before considering compliance with Nigeria's regulatory framework under the SEC's Accelerated Regulatory Incubation Program (ARIP). These include the release of Gambaryan and a settlement with the government regarding the allegations. Despite these tensions, Nigerians continue to use Binance, often resorting to alternative means like VPNs to access the platform.

Binance is facing a turbulent relationship with Nigerian authorities due to several regulatory and legal disputes. Recently, the Nigerian government accused Binance of foreign exchange manipulation, contributing to the sharp depreciation of the naira. The government has demanded nearly $10 billion in compensation from Binance, citing violations of tax obligations, foreign exchange rules, and money laundering concerns. This has led to a crackdown on Binance's operations in Nigeria, with several arrests, including a senior Binance executive, Tigran Gambaryan. Additionally, Binance has set two conditions before considering compliance with Nigeria's regulatory framework under the SEC's Accelerated Regulatory Incubation Program (ARIP). These include the release of Gambaryan and a settlement with the government regarding the allegations. Despite these tensions, Nigerians continue to use Binance, often resorting to alternative means like VPNs to access the platform.

A Bitcoin rally refers to a sharp increase in the price of Bitcoin over a short period of time. This typically happens when there is strong demand for Bitcoin, which can be triggered by various factors, including: 1. **Market Sentiment**: Positive news about Bitcoin adoption by major companies, favorable regulations, or increased institutional investment can drive prices up. 2. **Halving Events**: These events reduce the number of new Bitcoins generated, leading to scarcity, which can cause price increases as demand outpaces supply. 3. **Macroeconomic Factors**: Economic instability, inflation, or currency devaluation can lead people to invest in Bitcoin as a hedge. 4. **Technological Developments**: Advancements in blockchain technology, upgrades to the Bitcoin network (like Taproot), or developments in the broader crypto space can boost investor confidence. Bitcoin rallies can lead to significant gains but are often followed by corrections or periods of volatility. Do you have a specific rally in mind or are you referring to general price movements?

A Bitcoin rally refers to a sharp increase in the price of Bitcoin over a short period of time. This typically happens when there is strong demand for Bitcoin, which can be triggered by various factors, including: 1. **Market Sentiment**: Positive news about Bitcoin adoption by major companies, favorable regulations, or increased institutional investment can drive prices up. 2. **Halving Events**: These events reduce the number of new Bitcoins generated, leading to scarcity, which can cause price increases as demand outpaces supply. 3. **Macroeconomic Factors**: Economic instability, inflation, or currency devaluation can lead people to invest in Bitcoin as a hedge. 4. **Technological Developments**: Advancements in blockchain technology, upgrades to the Bitcoin network (like Taproot), or developments in the broader crypto space can boost investor confidence. Bitcoin rallies can lead to significant gains but are often followed by corrections or periods of volatility. Do you have a specific rally in mind or are you referring to general price movements?

Senator Cynthia Lummis says she wants to convert excess reserves at the 12 Federal Reserve banks into bitcoin over five years. Lummis is at the Bitcoin 2024 conference, where she is all in on extracting money from the crowd. She is quite sucessful too, top donors have tipped money into her campaign. She is able to pander to them with such empty promises because she is not up for re-election until 2026 and can easily dodge and weave until then.

Senator Cynthia Lummis says she wants to convert excess reserves at the 12 Federal Reserve banks into bitcoin over five years. Lummis is at the Bitcoin 2024 conference, where she is all in on extracting money from the crowd. She is quite sucessful too, top donors have tipped money into her campaign. She is able to pander to them with such empty promises because she is not up for re-election until 2026 and can easily dodge and weave until then.

Bitcoin rose 2.9% in the past 24 hours to $20.9K. Ethereum added 5.5% to $1140, while the top 10 altcoins growth ranged from 1.1% (Doge) to 11.5% (XRP). Total crypto market capitalisation, according to CoinMarketCap, rose 3.1% to $929bn over 24 hours. Bitcoin’s dominance index lost 0.2 points to 42.9%. The cryptocurrency fear and greed index remained at 11 points (“extreme fear”) for the third day.

Bitcoin rose 2.9% in the past 24 hours to $20.9K. Ethereum added 5.5% to $1140, while the top 10 altcoins growth ranged from 1.1% (Doge) to 11.5% (XRP). Total crypto market capitalisation, according to CoinMarketCap, rose 3.1% to $929bn over 24 hours. Bitcoin’s dominance index lost 0.2 points to 42.9%. The cryptocurrency fear and greed index remained at 11 points (“extreme fear”) for the third day.

Elon Musk took part in an 'X Takeover' podcast hosted by the Tesla Owners Silicon Valley account. was held on Musk’s X social media platform took place on Monday You may be seeing headlines (and I quote):

Elon Musk took part in an 'X Takeover' podcast hosted by the Tesla Owners Silicon Valley account. was held on Musk’s X social media platform took place on Monday You may be seeing headlines (and I quote):

The global rout has hit crypto as well. ETH/USD is now just above where to was to begin 2024:

The global rout has hit crypto as well. ETH/USD is now just above where to was to begin 2024:

Bitcoin is now up 10% from the intraday low of $49,445 just a few hours ago. On Friday, just after the equity close bitcoin slumped in a sign of what was to come in broader markets. This bounce could be a reversal of that, though it's still a bruising day.

Bitcoin is now up 10% from the intraday low of $49,445 just a few hours ago. On Friday, just after the equity close bitcoin slumped in a sign of what was to come in broader markets. This bounce could be a reversal of that, though it's still a bruising day.

Bitcoin is at the highs of the day, up more than 3% and above $56,000. The highs yesterday early and today peaked at $56,285 and we briefly edged above that. It's an impressive rebound after falling below $50,000 several times yesterday but it's still a long ways from the $70,000 level at the end of July.

Bitcoin is at the highs of the day, up more than 3% and above $56,000. The highs yesterday early and today peaked at $56,285 and we briefly edged above that. It's an impressive rebound after falling below $50,000 several times yesterday but it's still a long ways from the $70,000 level at the end of July.

Bitcoin gained 3.8% over the past week, ending around $21.4K, dropping slightly to $21.2K on Monday morning. Ethereum added 9.4%, while other top-ten altcoins gained between 4.6% (Cardano) and 19.3% (Dogecoin). The total capitalisation of the crypto market, according to CoinMarketCap, rose 8% over the week to $952bn. The Bitcoin Dominance Index slipped 0.9 points to 43.4% over the same period due to the outperforming recovery of altcoins. The cryptocurrency fear and greed index went up to 12 points by Monday, from 9 a week earlier, but remained in the extreme fear zone.

Bitcoin gained 3.8% over the past week, ending around $21.4K, dropping slightly to $21.2K on Monday morning. Ethereum added 9.4%, while other top-ten altcoins gained between 4.6% (Cardano) and 19.3% (Dogecoin). The total capitalisation of the crypto market, according to CoinMarketCap, rose 8% over the week to $952bn. The Bitcoin Dominance Index slipped 0.9 points to 43.4% over the same period due to the outperforming recovery of altcoins. The cryptocurrency fear and greed index went up to 12 points by Monday, from 9 a week earlier, but remained in the extreme fear zone.

Bitcoin is up about 1% in early trade today at $59,500. That's just normal volatility for crypto but there could also be a premium in it with Elon Musk set to interview Donald Trump any time now. The conversation could shift to crypto and some could be trying to front-run that momentum. In any case, the talk appears to be bogged down in technical difficulties as it was supposed to start at the top of the hour but hasn't yet.

Bitcoin is up about 1% in early trade today at $59,500. That's just normal volatility for crypto but there could also be a premium in it with Elon Musk set to interview Donald Trump any time now. The conversation could shift to crypto and some could be trying to front-run that momentum. In any case, the talk appears to be bogged down in technical difficulties as it was supposed to start at the top of the hour but hasn't yet.

Bitcoin continues to be a solid pre-cursor to the broader risk trade. And if you're long stocks, that's not a good thing at the moment. BTC has turned lower after an initial pop following CPI and is now just above $60,000

Bitcoin continues to be a solid pre-cursor to the broader risk trade. And if you're long stocks, that's not a good thing at the moment. BTC has turned lower after an initial pop following CPI and is now just above $60,000

A break lower could complete the round trip to $55,000 and wouldn't bode well for the broader risk trade. As for the catalyst, it may be Mt Gox money moving sending a trial transaction. The $2.1 billion worth of bitcoin could be sold and bitcoin bulls don't want to get swept away by that momentum.

A break lower could complete the round trip to $55,000 and wouldn't bode well for the broader risk trade. As for the catalyst, it may be Mt Gox money moving sending a trial transaction. The $2.1 billion worth of bitcoin could be sold and bitcoin bulls don't want to get swept away by that momentum.

Bitcoin was down 3.1% on Tuesday, ending the day around $20.3K, where it is consolidating on Wednesday morning. Ethereum has lost 3.1% in the past 24 hours, leading other altcoins down 1.9% (Cardano) to 6.9% (Shiba Inu). Total cryptocurrency market capitalisation, according to CoinMarketCap, fell 2% overnight to $911bn. Bitcoin’s dominance index remained at 42.5%. The Cryptocurrency Fear and Greed Index was up 3 points to 13 by Wednesday and remains in a state of “extreme fear”.

Bitcoin was down 3.1% on Tuesday, ending the day around $20.3K, where it is consolidating on Wednesday morning. Ethereum has lost 3.1% in the past 24 hours, leading other altcoins down 1.9% (Cardano) to 6.9% (Shiba Inu). Total cryptocurrency market capitalisation, according to CoinMarketCap, fell 2% overnight to $911bn. Bitcoin’s dominance index remained at 42.5%. The Cryptocurrency Fear and Greed Index was up 3 points to 13 by Wednesday and remains in a state of “extreme fear”.