Get started

Cryptomarketcap

TOTAL - An Overview on the crypto marketcap#TOTAL #Analysis Description --------------------------------------------------------------- + After a clear bounce from the support, another drop is occurring, which is normal. + We also have a strong support line that is providing significant support. + As long as the market cap remains above the horizontal and trendline support, there is hope for an upcoming bullish market. + A breakdown from this support zone could lead to further declines in the market. --------------------------------------------------------------- Enhance, Trade, Grow --------------------------------------------------------------- Feel free to share your thoughts and insights. Don't forget to like and follow us for more trading ideas and discussions. Best Regards, VectorAlgo
CRYPTOCAP:TOTALLong
by VectorAlgo
MARKETS week ahead: August 12 – 18Last week in the news Previous week markets used to digest US economic data, and realized that there is still no need for fear of recession. Markets were traded with a positive sentiment covering some losses which were brought two weeks ago and on Monday, after posted US jobs data which were weaker than expected. The US Dollar continued to weaken, supporting the price of gold to finish the week for one more time above the $2.4K currently strong support line. The S&P 500 managed to gain above 4% on a weekly level, however, it should be considered that previously, the index lost some 10% from its recent peak level. The US Treasury yields were traded higher, returning to the 4.0% level. The crypto market also gained during the week, with BTC reaching again the $60K resistance line. Start of the week brought sort of a relief on financial markets after the US ISM Services PMI was posted. The indicator was standing at the level of 51.4 in July, higher from market estimate of 51 and Jun`s figure of 49.6. The ISM Services Business Activity was 54.5 and ISM Services Employment was standing at 51.1. The indicator shows that the US services sector is in relatively good shape, in which sense, there is still no recession developing in the US. In addition, weekly jobless figures were posted for the first week of August, where initial jobless claims reached 233K, only a bit down from 240K forecast. It did not take long for the markets to enter into the correction mode and switch sentiment from negative to positive. The panic from Friday`s jobless figures was over. Regardless of these developments, the market still anticipates with high probability that the Fed`s pivoting moment will occur in September. JPMorgan has officially launched the LLM Suite project, a generative AI assistant program, which helps employees in writing emails and reports. The program was developed in cooperation with OpenAI, a maker of ChatGPT. For more than a year JPMorgan banned ChatGPT to be used by their employees, providing them now an alternative, which would be more secure for data protection of the Bank. Elly Lilly was the company which occupied a lot of news space during the previous week, as its shares rose more than 11% for the week. The surge occurred after the company posted Q2 results and expectations that the full year revenues will be higher by $3 billion from initially estimated, due to a boost in sales of its two drugs for weight loss and diabetes. The US Internal Revenue Service has released a new tax form for crypto brokers, which will be in effect from the year 2025. The form 1099-D will be distributed to clients of crypto brokerage firms, and it is expected to introduce more clarity and transparency when it comes to tax filings on crypto transactions. Crypto market cap It was indeed a stressful week on the crypto market, as well as on almost all financial markets. The fear over potential US recession and Fed`s forced cut of interest rates was so strong that almost all markets had a strong push to the downside. Still, the posted ISM data showed that the state of the US economy is not in a bad shape, which turned back investors optimism and a rebound of the value of financial assets. However, it should not be overseen that something did change. Analysts are pointing that the significant drop in the Yen carry trade is still not over and that currently some significant amount of positions is still open. A further increase of interest rates by the Bank of Japan might trigger similar developments in the future period. Still, despite a highly volatile week, total crypto market capitalization managed to stay relatively flat compared to the end of the week before. Total crypto market capitalization decreased by 1% on a weekly basis, losing around $ 29B in value. At the same time daily trading volumes modestly decreased during the week to the level of $107B on a daily basis, as of the weekend, from $170B traded a week before. Total crypto market capitalization increase from the end of the previous year currently stands at $439B, which represents a 27% surge from the beginning of this year. The crypto market was traded in a mixed manner during the previous week. There were altcoins with significant gains on a weekly level, however, there were the ones which finished the week with a loss. Regardless of significant fluctuations in price during the week, BTC gained 0.9% on a weekly level, adding $10.6B to its market cap. On the other side, ETH made a significant drop of 9.2% w/w, losing almost $ 32B in value. XRP had a very good week, where the coin managed to increase its value by $8.9% adding $2.7B to its market cap. ZCash was traded on a positive side and increased its value by 27% w/w. Solana continues to be currently one of markets favorite coins, which increased its cap by 10% w/w or by $6.6B. Interestingly, one of the highest weekly losers was Maker, who decreased its value by almost 15% on a weekly level. There is still no official information what was the cause of such a significant drop for this coin. There has been increased activity with coins in circulation. Tether increased the number of coins on the market by 1.0% w/w, increasing by this percentage its total market cap. XRP, Solana, Polkadot, Polygon and Filecoin increased their number of coins by 0.2% each. Thai week Miota was active and increased its circulating coins by 0.6% w/w. Crypto futures market Considering extremely high volatility, the crypto futures market was trying to catch up with the spot market, however, finishing the week at the lower levels from the spot market. BTC short term futures ended the week around 3% lower from the week before. December 2024 was last traded at the price of $62.975. Longer term futures were traded by 3.2% lower for all maturities, where December 2025 ended the week at the level of $69.485. ETH futures made a higher move to the downside. Short term futures ended the week by around 14% lower from the week before, same as the longer term ones. Futures maturing in December 2024 were last traded at price $2.686, while those maturing a year later closed the week at $2.877.
CRYPTOCAP:TOTAL
by XBTFX
#BTCUSD/H4 BTCUSD opportunity to buy backBTCUSD analysis on 12/08/2024: BTCUSD is showing an upward trend after a correction to around 49000. BTCUSD did not have a deep correction as expected, but it is currently a good trading opportunity. The current trend for BTCUSD is LONG. Key price levels to note: 56000 - 56700; 55000 - 55200; and 53000 - 53200. Recommended orders: Plan 1: LONG BTCUSD zone 56300 - 56600 SL 56000 TP 57700 - 59000 - 60000. Plan 2: LONG BTCUSD zone 53000-53200 SL 49600 TP 55100 - 57700 - 60000.
FX:XAUUSD
by wetdyerap
2
MARKETS week ahead: August 5 – 10Last week in the news Previous week was marked with a lot of news, unfortunately with a negative sentiment for investors in financial markets. The FOMC meeting brought “nearing” a rate cut, which was generally positive, however, surprisingly weak jobs data made investors to re-think their positions, fearing a potential recession in the US. The Bank of Japan also surprised markets with a rate increase of 25 bps, pushing parity of the Yen 8% higher against US Dollar. The US equity markets continued with a correction, with S&P 500 ending the week at the level of 5.346. The US Dollar and the US Treasury yields reacted strongly on weak jobs data on Friday, bringing the USD lower and 10Y Treasury benchmark at the level of 3.78%. Aside from weakening of USD, the price of gold reacted to increased geopolitical tensions in the Middle East, still ending the week at the level of $2.443, after a profit taking. The crypto market was the worst weekly performer, where BTC reached a support level at $60K. The Federal Reserve held a regular meeting on Wednesday, and held the rates unchanged for the ninth consecutive meeting. Still, the only significant change in Fed Chair Powell`s rhetoric is that the first rate cut is “nearing”. The markets are now strongly perceiving that the first rate cut will occur in September. At this moment, there are some 58% odds that the rate cut will be 50 bps, instead of previously anticipated 25 bps, considering weak July`s jobs data. There is also discussion among investors that July`s jobs data showed the potential that the US is slowly entering into the recession. However, there are also few analysts who are noting that there might be a seasonal effect in July`s weak jobs data. The Bank of Japan lifted interest rates to the levels around 0.25%, from the previous range of 0.0%-0.1% and is halving its bond-buying purchase program. The BoJ Governor Ueda did not rule out another hike of rates during this year. At the same time, Yen strengthened against the US Dollar by around 8%. A move from the BoJ is significant for the US markets due to heavy carry trade which investors are traditionally using. Namely, investors are using interest rate differentials, and through leveraged funds in Yen with low interest rates to finance investments in the US markets. Increased interest rates and strengthening of Yen will impact investors to close some positions, which might bring additional negative impact to the US financial markets. Another news that hit the US stock markets during the previous week, was that Warren Buffet`s Berkshire Hathaway cut holdings of AAPL by almost 50%. At the same time, their cash holdings reached $276 billion from $189 billion posted for the first quarter. These figures were obtained from the company's quarterly filings, but the company itself did not make any comments. The analysts are referring to Warren Buffet`s comment to shareholders made in may, where he noted that the current stocks are too expensive in order to make a solid profit for the company. Crypto market cap The previous week was a tight one for the crypto market. The week started with unconfirmed news that the US Government has transferred around $2 billion worth of BTC to the unknown address. Based on a name provided, it seems that this transfer is related to the Silk Road DoJ. A lot of investors were concerned that this might be related to a potential sale of BTC, and started closing positions, in a fear of a potential BTC price drop. The week continued with news that BoJ increased interest rates, in which sense, some decrease in a carry trade might be expected. Friday`s weak jobs data increased fears among investors over a potential for a recession in the US. All these factors had an impact for investors' re-positioning, in which sense, the crypto market suffered another losing week. Total crypto market capitalization decreased by 11% on a weekly basis, whipping out around $263B from the crypto market. Daily trading volumes reached levels around $170B on a daily basis, which is significantly higher from $101B traded a week before. Total crypto market capitalization increase from the end of the previous year dropped to $ 468B, which represents a 29% surge from the beginning of this year. Almost all coins lost value during the previous week. Certainly, BTC was the one to lose the most in nominal terms. BTC decreased its market capitalization by almost $171B, which represents a 12.5% drop on a weekly basis. ETH was following the general market trend, and decreased its cap by almost 12% or $46B. Previous week Solana was the one of the coins with a significant drop in the market cap of $19.2B or 22.6% on a weekly basis. Another coin which should be mentioned in this group is Binance Coin, which decreased its cap by $8.5B or 10%. In relative terms altcoins lost a significant portion of their value, which ranges from 10% - 20%. Among higher losers in relative terms were Filecoin, with a drop of 20.5%, DOGE was down by almost 20%, Theta lost 21.2% in value. One of the rare coins which managed to actually increase its market cap on a weekly level is Zcash, which managed to add almost 2% to its market cap. There has been some increased activity when coins in circulation are in question. Polkadot was the coin which strongly increased the number of its coins on the market by 2.7%. Filecoin traditionally increased its circulating coins by 0.3% this week, while Stellar and Tether had an increase of the number of coins by 0.2% w/w. Crypto futures market The crypto futures market closed on Friday, so developments on the spot market have not been fully captured in the closing prices for the week. Nevertheless, both BTC and ETH futures closed the week more than 8% lower from the week before. BTC futures maturing in December this year were last traded at price $64.775, while those maturing a year later closed the week at $71.780. On a positive side is that the futures maturing in December 2025 are still holding above the $70K level, which is a positive sign that the market is perceiving current drop in prices as only a temporary. ETH December 2024 futures closed the week at $3.125, while those maturing in December 2025 were last traded at $3.346.
CRYPTOCAP:TOTAL
by XBTFX
Bitcoin is losing its control. Don't lose your own!Bitcoin continues to retreat from the historical highs reached in the March quarter of 2024, as discussed in many previous posts, minds and publications. In nowadays BTC is declining to new local lows as the macroeconomic situation in the global economy worsens and volatility (uncertainty) in the market as a whole increases. The technical picture indicates a breakout below the growth channel, within the boundaries of which BTC has rallied for the past year and a half. A further break below the 52-week SMA will highly likely intensify the sell-off.
COINBASE:BTCUSD
by Pandorra
MARKETS week ahead: July 29 – August 03Last week in the news The released June PCE Index was the major driver of the sentiment on financial markets during the previous week. The US Dollar strengthened during the week, however, PCE data pushed the currency into correction. Following the correlation with the USD, the price of gold ended the week a bit higher from previous weekly levels, at $2.385. The 10Y Treasury yields were optimistic about the potential rate cut in September, pushing yields lower from 4.20% level. In light of potential rate cuts, investors are switching attention to small cap stocks, in which sense, the S&P 500 continued with a correction to the downside during the week, ending it at the level of 5.459. In a quest for riskier assets, investors pushed the price of BTC toward the levels above the $68K. The FOMC meeting is scheduled for the week ahead, hence, market nervousness might continue. The Fed's favorite inflation gauge was published on Friday, posting an increase of 0.1% for a month, bringing it to the level of 2.5% on a yearly basis in June. At the same time, core PCE, which excludes food and energy, rose 0.2% for the month and 2.6% y/y. The posted results were in line with the market estimate. Current market sentiment regarding potential Fed's rate cut in September is best described by Rober Frick, economists working with Navy Federal Credit Union, who note in an interview with CNBC: “Spending is good enough to maintain the expansion, and income is good enough to maintain spending, and the level of PCE inflation is good enough to make the decision to cut rates easy for the Fed”. Apple is no longer a top smartphone seller in China, as per analysis conducted by the Canalys. The domestic Huawei took the advantage on China's market from Apple. Since the beginning of the year, Apple's sales in China are in decline by 25% on a yearly basis. In light of the US equity market correction during the previous two weeks, analysts from UBS continue to be positive on the future developments on this market. In their positive view, they are noting positive economic growth in the US. The further development within the IT industry and increased AI use, they see as a positive factor for the future development of stock prices of tech companies. The first spot ETH exchange traded fund started trading in the US, after SEC`s approval. The interest of investors was significant, reaching $1 billion during the first trading day. Black Rock`s ETH ETF saw around $800 million in inflows during the first two days. Still, the staking in the ETH would not be possible for the moment, as this product might violate several SEC`s rules and the US Law on securities. Howard Lutnick, CEO of the financial services firm Cantor Fitzerald noted at the Bitcoin Conference in Nashville that the company is planning to launch a $2 billion in bitcoin financing business. The plan of the company is to provide leverage to bitcoin holders. Crypto market cap The crypto market was traded in a relatively mixed manner during the previous week. There have generally been two major events that shaped the market sentiment. The first one is related the first to ETH ETF which was released for trading, after SEC`s approval, and the other one is related to macro data in the US, where the release of June PCE data showed slowdown in inflation, supporting market expectations that the first rate cut might occur in September this year. Namely, as expectation in an environment of decreasing interest rates is surging, the investors are of the opinion that it would be positive for the crypto market, as investors would seek riskier assets for higher returns on their investments. Certainly, the majority of crypto investors were looking at developments with ETH, as the first ETH ETF managed to collect over $ 1B in funds during the first trading day. In this sense, some re-adjustments of positions in altcoins occurred. Regardless of a surge in the price of BTC, total crypto market capitalization decreased by 1% on a weekly basis, where the market lost some $36B in value. At the same time, daily trading volumes were also modestly decreased to the level of $101B on a daily basis, from $136B traded a week before. Total crypto market capitalization increase from the end of the previous year currently stands at $731B, which represents a 45% surge from the beginning of this year. The crypto market was traded in a mixed manner during the previous week. BTC managed to end the week in a positive manner, adding $ 26B to its market cap, increasing it by 1.9% on a weekly basis. Still, due to the start of trading of the first ETH ETF, there has been a drop in the market cap of ETH by 7.5% w/w, where the coin lost some $ 32B in value. Among other altcoins, there has been almost an equal number of losers and gainers. On a gaining side were coins like ZCash, which added 8.5% to its market cap, Solana is still in the spotlight of investors, with a weekly gain of 5%, while Tron managed to add 2.4% value to its market cap. Among altcoins who lost in value during the week were Theta, with a drop of 7.3%, OMG Network was down by 7.5%, while Algroand dropped by almost 11%. Among coins who finished the week in red were Polkadot, with a drop of 8.1% w/w, Maker was down by 6.9%, while the majority of other altcoins lost up to 5% in value. There has been several developments when coins in circulation are in question. During the week, Tether added 0.4% new coins to the market, increasing its market capitalization by this percentage. IOTA added 0.6% of new coins, which is not so frequently seen with this coin. Filecoin, traditionally, has increased its number of coins by 0.3% on a weekly level. Interestingly, Binance Coin pulled 1.1% of its coins from the market. There are no further details publicly available at this moment, what was behind such a pull back. Crypto futures market Movements from the spot market were reflected in the spot market, in which sense, BTC and ETH futures were traded in opposite directions. BTC futures were traded higher from the week before for all maturities. However, it should be noted that the movements on the futures market were lower from the spot market. BTC short term futures were traded around 0.5% on average, higher from the week before, while the longer term ones were higher by around 1% on a weekly level. BTC futures maturing in December 2024 ended the week at the level of $70.645, and those maturing a year later, at the price of $78.155. The first trading day of the ETH ETF pushed the price of ETH to the lower grounds, as well as ETH futures which were traded around 7.3% lower from the week before. ETH futures maturing in December this year closed the market at level of $3.406, and those maturing in December 2025 were last traded at price $3.646.
CRYPTOCAP:TOTAL
by XBTFX
$STEEM perform An inverse head and shoulders 1. **Left Shoulder**: The price declines to a new low, then rises. 2. **Head**: The price declines again, forming a lower low than the left shoulder, then rises. 3. **Right Shoulder**: The price declines once more, but not as low as the head, then rises. 4. **Neckline**: Draw a line connecting the peaks between the left shoulder, head, and right shoulder. This line is called the neckline. ** Trading Steps** 1. **Confirmation**: - The pattern is confirmed when the price breaks above the neckline. Wait for a close above the neckline to confirm the breakout. 2. **Entry**: - Enter a long position (buy) once the price closes above the neckline. Conservative traders might wait for a retest of the neckline as support. 3. **Stop Loss**: - Place a stop loss below the lowest point of the right shoulder to minimize risk. 4. **Target Price**: - Measure the distance from the head to the neckline. Add this distance to the breakout point to set your target price. ### Example 1. **Identification**: Suppose the price forms the left shoulder at $40, drops to $30 to form the head, rises back to $35, then drops to $32 to form the right shoulder, and the peaks between these are at $35 and $34. 2. **Neckline**: Draw a line connecting $35 and $34. This is your neckline. 3. **Confirmation**: Wait for the price to break above the neckline (say at $34.50). 4. **Entry**: Enter a long position at $34.50. 5. **Stop Loss**: Place a stop loss slightly below $32 (the right shoulder low), e.g., at $31.50. 6. **Target Price**: The distance from the head ($30) to the neckline ($34) is $4. Add this to the breakout point ($34.50) to get a target price of $38.50. Trading the inverse head and shoulders pattern involves identifying the pattern, waiting for confirmation, entering at the right point, and managing risk with stop losses and profit targets.
Long
by Crypto-Adda_Official
3
XRPPUSDT ( INSIDE SUPPLY ZONE ) ( 1D )XRPUSDT HELLO TRADERS Tendency , the price inside two turning level around 199.493 & 197.879 , inside a supply zone TURNING LEVEL (1) : the price of this level at 0.61 , so if the price breaking this level reach a resistance level (1) . TURNING LEVEL (2) : the price of this level at 0.57 , so if the price breaking this level reach a support level (1) . RESISTANCE LEVEL (1) : this level around 0.67 , for reach this resistance level the price need breaking a turning level (1) . RESISTANCE LEVEL (2) : around 0.72 , for reach this level it will be breaking by open 1d or 4h or 1h candle above resistance level (1) . SUPPORT LEVEL (1) : this level around 0.50 , for reach this support level the price need breaking a turning level (2) . SUPPORT LEVEL (2) : support level at 0.32, for reach this level will be breaking by open 1d candle below support level (1) . PRICE MOVEMENT :currently price around 0.60 , the price inside supply zone , in my suggest the price may be corrective 0.61 before dropping . TARGET LEVEL : RESISTANCE LEVEL : 0.67 , 0.72 . SUPPORT LEVEL : 0.50 , 0.32 .
Short
by ArinaKarayi
Crypto Market going into a Downtrend or Re-testing Resistance? What's up guys! We are experiencing a huge shake up in the Crypto Market atm. Specially with the BTC sell off, alts really took a hit! Some even regressed so much that all the gains startig this year were lost at this point.  The question is, do you have a plan of action? Well, I do!! Let me share two possible scenarios.  1) On the Weekly and Monthly timeframes we are at a resistance area where you are expected to take profits and sell accordingly to secure gains, unless you're a breakout trader, then that's another story.  Having said this, on the Daily chart it is re-testing a support zone that could possibly turn into resistance, and if that happens, then we'll go short. Once it finishes the re-test and it's successful, we can aim to short at the next demand zone. If you go to weekly TF you'll see it even clearer.  The zone is marked with the BUY icon over the green rectangle. Once you get to the zone, it's an awesome area to BUY! 2) Price could totally bounce from here and get back into the range. We'll need to wait for the breakout of the downward trendline along with volume. We can't aim too high here since we have a roof kind of close. I marked here with the Sell icon the zone that I believe is going to drive selling pressure or some kind of heavy reaction. So we can take profits there in the short term. Monitor closely these key levels, as they have extra added confluences from the past. I hope you found this article helpful. Don't forget to boost and follow 👽 Tip of the Day: Manage your risks, set targets in advance, and read the news! As always, keep it Shiny ⚛️ Kina, The Girly Trader
CRYPTOCAP:TOTAL
by KinaStar
MARKETS week ahead: July 22 – 28Last week in the news There are two major events which impact the markets during the previous week. The first one was assassination attempt on the US presidential candidate Donald Trump, which occurred on Sunday, and the second one was the largest IT outrage that occurred during an update of the Microsoft systems. The ECB left interest rates unchanged, but it was somehow left behind market interest, due to previous two events. BTC rallied during the week, ending above the $ 67K during weekend trading. The US Treasury yields are weighing potential rate cuts in September, reverting a bit back toward 4.24%. Gold tested higher grounds, however, ending the week for one more time at $2.4K due to strengthening of the USDollar. Major IT outage made investors question whether tech companies reached their maximum within this economic cycle, which pushed the S&P 500 1.9% lower as of the weekend. The European Central Bank left interest rates unchanged at their meeting held on Thursday. This was in line with market expectations. In an after-the-meeting speech, ECB President Lagarde noted that the potential rate cut in September is open, considering weakening in the economy of the EuroZone, while the inflation is expected to stay at lower levels. Some policy makers are still of the opinion that the June rate cut was premature. A software update from the company CrowdStrike impacted a huge IT outrage in the western countries and Australia. Computers with Microsoft operating systems were affected, some 8.5 million as per Microsoft estimate, impacting that governments, hospitals, airports, banks, payment systems and many other important functions stop working and providing services. At the same time, Mac and Linux operating systems were not affected. Engineers from both CrowdStrike and Microsoft managed to fix the issue within a few hours, but the damage had already been done, through a significant drop in the share prices of some 10% of both companies. There is an emerging number of analysts who are warning their clients over a potential reversal in the US stock market. The latest warning came from strategists from Societe Generale Bank. They noted a recent surge in small cap companies, where investors are slowly moving their assets from the tech industry to companies which could benefit the most from upcoming rate cuts. They noted “with the US Tech sector now accounting for some 35% of the S&P 500 market cap, investors need to be on high alert for a potential bursting of the bubble”. Italy made its first digital bond issuance through the Polygon network. A state owned development bank Cassa Depositi e Prestiti SpA and Italy's largest lender, Intesa Sanpaolo, completed a bond issuance in the amount of 25 million euros with four month maturity. Crypto market cap There are generally two major events which occurred during the previous week, which impacted a strong shift in the crypto market capitalization to the upside. The first event occurred on Sunday, which was related to assassination attempt of the US Presidential candidate Donald Trump. As this unfortunate event significantly increased his odds to win the presidential elections, the investors changed the sentiment for the crypto market from neutral to positive, considering that Trump supports the crypto industry. The second event occurred on Friday, with the highest IT outage occurring due to an unfortunate Microsoft operating system update. Total crypto market capitalization was increased by 14% on a weekly basis, adding $296B to its market cap. Daily trading volumes were also increased to the level of around $136B on a daily basis, from $124B traded a week before. Total crypto market capitalization increase from the end of the previous year currently stands at $767B, which represents a 47% surge from the beginning of this year. This was a second green week on the crypto market, however, with a stronger impact. Major coins were leading the crypto market cap increase in nominal terms. BTC surged by more than 15% on a weekly basis, adding total $175B to its market cap. ETH took the second place with a surge of almost 12% w/w, increasing its value for $44.5B. Solana had an excellent week, with an increase in market cap of $15.8B or 24.4% on a weekly basis. BNB should be also mentioned, as the coin surged by almost 13%, adding $ 10B to its cap. DOGE surged by almost 21%, increasing its cap by additional $3.3B. This week XRP also had good performance with a surge of 10.6% or $3.2B. The majority of other altcoins also had a surge of around 10% w/w. Interestingly, there has been only a few coins on a losing side, few of which are ADA, which was down by 0.6%, Tron dropped by 4.5% while Uniswap was down by 1.2%. Changes in the number of circulating coins slowed down a bit during the week. Tether generally had a good week, with a surge in coins of 1.3%, which is the percentage of increase in its market cap. Stellar added 0.3% of new coins to the market, while Filecoin increased its number by 0.2%, same as XRP. Crypto futures market Movements from the spot market were reflected also in the crypto futures market. Both BTC and ETH futures were traded on higher grounds from the week before. BTC short term futures were traded higher by more than 16%, for all maturities, while ETH futures closed the week around 13% higher from the week before. BTC futures maturing in December this year closed the week at price $69.500, while those maturing a year later were last traded at $77.440. This represents one of the highest prices of BTC futures for maturity December 2025, and expresses current strong market optimism regarding BTC`s levels in the future. ETH futures maturing in December this year were last traded at $3.674, while those maturing in December 2025 closed the week at $3.932.
CRYPTOCAP:TOTAL
by XBTFX
MARKETS week ahead: July 15 – 21Last week in the news The US CPI data for June were the major market mover during the previous week. A better than expected CPI data pushed the value of USD to the lower grounds, supporting the price of gold to test again levels modestly above $2.4K. US Treasury yields also adjusted to these results, where 10Y Treasuries dropped to the level of 4.18%. At the same time, the S & P 500 reached a fresh new all time highest level at 5.658. The only market that was not quite sure which side to trade was the crypto market. BTC was testing $58K resistance levels, but it also tested a $55K support line. Crypto market bulls and bears were not able to agree which side to trade. Fed Chair Powell had a testimony in front of the US Congress, where he provided information to the Congress members on the state of the US economy and further changes in the US banking regulations in terms of potential implementation of the Basel standards. Still, the markets were most interested to hear any news regarding potential timing of the first rate cut. Although he avoided openly discussing any timing of such a move, still he noted that inflation is not the only indicator when FOMC is deciding on the rate cuts, but they are also closely watching developments on the job market, in terms of its potential further weakening. His testimony did have some modest influence on financial markets in terms of higher volatility, however, analysts were interpreting his notes in a different manner, in which sense, consensus on the month of Fed`s pivoting is still not unified among market participants. Jamie Dimon, CEO of JPMorgan, continues to hold to his previous anticipation that the inflationary pressure could continue to hold, and in this sense, potential Fed's rate cuts should be taken with precaution. He is supporting his views with “large fiscal deficits, infrastructure needs, restructuring of trade and remilitarization of the world” which all constitute a potential threat which could set the road for another round of inflation in the US. Potential Fed's rate cuts have also been a topic for discussion within the crypto community. The question was imposed on expectations of the crypto investors and traders of how Fed`s pivoting will impact the price of BTC. The majority agree that it should be positive for BTC and other major crypto coins, as there is a general expectation that lower interest rates will boost the liquidity and in this sense support the price of BTC. Still, it should be noted that there are some investors with the opinion that the market had already priced in Fed's rate cut when BTC`s price reached $ 73K and that this time they do not expect any significant market reaction. JPMorgan, DBS and Standard Chartered banks joined forces to raise additional $60 million of funds, through series B funding, in order to support their joint project called Partior. The aim of this project is to establish an interbank payment network based on a blockchain technology for instant clearing services. Several employees of Open AI made complaints with the Securities and Exchange Commission over company`s too restrictive non-disclosure agreements made with employees, through which, they are not able to openly discuss any irregularities related to deployment of AI. This news was published by Reuters during the previous week, in which employees seek an SEC investigation over the “irresponsible deployment of AI” and its “full compliance with SEC rules”. Crypto market cap After a strong sell off on the crypto market two weeks ago, it managed to modestly recover during the previous week. However, it was evident that the recovery was relatively weak during the week, as the market was still not sure which side to trade, and whether the sell off was finally over. Just as a reminder, there has been an announcement from crypto exchange Mt Gox that the bankrupt exchanger will return to its creditors some $9 billion through Bitcoin and Bitcoin Cash. During the month, the German Government sold its BTC holding worth around $2.8 billion. At the same time, BTC ETF`s became net sellers, instead of net buyers of BTC, while a combination of factors led to significant pressure on BTC and other crypto coins. During the previous week, the total crypto market managed to add 1% to its capitalization, increasing it by $28B. Daily trading volumes remained under pressure, moving around $ 90B on a daily basis. Total crypto market capitalization increase from the end of the previous year, currently stands at $471B, which represents a 29% surge from the beginning of this year. Previous week was a green week on the crypto market. Almost all coins gained in value on a weekly basis, with only a few marking a modestly red week. BTC managed to increase its market cap by 1.3%, adding $14.6B to its cap. ETH added $13.7, increasing its value by 3.75% w/w. This week XRP was the coin with a notable gain of $5.2B in value, surging by 20.8% w/w. Cardano also had a good week with a surge in cap of $2.5B or 19.3%. Some other coins with relatively good performance in relative terms were ZCash, with a 33.1% surge in value, DASH was higher by 11.1% w/w, Maker ended the week higher by 15.2%, while Filecoin was up almost 12%. Only a few coins ended the week lower from the week before, among which were Solana, who decreased its market cap by 1.5%, OMG Network was down by 2.5% and DOGE dropped by 1% w/w. There have been some developments when coins in circulation are in question. Cardano increased the number of coins on the market by 0.3%, Tether`s number of coins was up by 0.2%. This week Miota increased its circulating coins by a significant 0.6%, while Filcoin traditionally surging by 0.5%. Crypto futures market In line with reverted optimism on the spot market, the crypto futures market ended the week in green. BTC short term futures ended the week higher by some 2% on average. Still, December 2024 closed the week at the price of $60.185, which was almost 6% higher from the end of the previous week. BTC longer term futures were traded 1.8% higher from the week before, while December 2025 closed the week at level of $66.405. ETH futures had an increase in the futures prices above 4% for all maturities. ETH futures maturing in December this year were last traded at $3.251 or 4.30% higher from the end of the previous week. December 2025 closed the week at $3.478 or 4.16% higher on a weekly basis.
CRYPTOCAP:TOTAL
by XBTFX
MARKETS week ahead: July 8 – 14Last week in the news The non-farm payrolls and unemployment data shaped investors sentiment on financial markets during the previous week. Friday was the day of significant volatility, which brought US Treasury yields down to the level of 4.28%. Weakening of the US Dollar pushed the price of gold to higher grounds, ending the week at level of $2.391. The US equity markets were also supported by the market sentiment on a Fed`s potential rate cut in September, where S&P 500 reached a new all time highest level. The crypto market was the only one which was traded on a negative side. The BTC was testing levels around the $ 54K, however, ending the week around $58K. The most important macro figures for the week were posted on Friday. The non-farm payrolls for June surged to 206K, significantly above market estimated 190K. At the same time, the unemployment rate was increased to 4.1% in June from 4.0% posted in May. These figures increased market optimism that the Fed still might cut rates in September, as they suggest that job openings have improved, but the employment trend is still modestly weakening. Increased unemployment rate also indicates that the inflator pressures coming from the job market should continue cooling down, which implies a potential for a rate cut during the course of this year. September still holds as the current estimate of the majority of market participants. During the week Tesla reported its Q2 vehicle deliveries figures which were significantly higher from the market estimate. This made an impact on the price of Tesla`s shares which gained 27% during the week. However, with this significant increase, Tesla managed to cover losses for this year. The share price reached $251.55, while they ended the year 2023 at level of $248.48. The crypto market was shaken during the week, after the news was released that the bankrupt crypto exchanger Mt. Gox will pay out around $9 billion to its affected users. The payouts already started in Bitcoin and Bitcoin cash to some creditors through a number of crypto exchangers. The rest of funds will be distributed when “conditions are met” in terms of validity of registered accounts. As analysts are noting, this significantly increased number of coins on the market will put selling pressure on BTC. As Reuters is reporting, the government of Peru announced that it will receive around $300 million credit over a period of 15 years in order to support the digital transformation of the country. Peru`s creditor is German KfW Development Bank. Further details on digital transformation have not been disclosed. At the same time, Peru is the third country in the world by the production of copper, while its economy grew between 4.5% and 5.0% on a yearly basis in May. Crypto market cap The final breakthrough of pressures on the crypto market occurred during the previous week. The crypto market has been slowing down for the last three weeks, while there are several reasons behind it which collide together within the short time frame. The latest news from the previous week is that bankrupt crypto exchanger Mt. Gox announced that it will return to creditors some $9 billion through Bitcoin and Bitcoin cash. Market participants knew that this amount would put a huge selling pressure on BTC and the crypto market, so the final selloff was triggered. The selling pressure from crypto miners is another aspect to consider. Traditionally, this sale reaches its maximum during the summer time, where it has been estimated that this year only, crypto miners sold around 40.000 BTC worth around $2.5 billion. A continuous drop in BTC price pushed the funds from crypto based ETF`s where they for the first time became net sellers instead of net buyers. In addition to that, it should be considered the announcement from the German government that it will sell its BTC holding worth around $2.8 billion. And, on top of it, it should be taken into account that a strong drop in the value of BTC and other altcoins triggered margin calls for leveraged positions. The combination of all these effects, pushed the total crypto market cap down by 6% as of the end of this week, wiping out some $124B in value. It should be noted that during the week, the crypto market cap dropped by $170B in one moment. Daily trading volumes were also increased to the level of $124B on a daily basis, from $94B traded a week before. Total crypto market capitalization increase from the end of the previous year, currently stands at $443B, which represents a 27% surge from the beginning of this year. The coin which dragged the crypto market to the downside during the previous week was BTC. It lost around 5% in the value, erasing $57.8B from its market cap. ETH naturally took the second place, with a drop in value of 9.7%, decreasing its cap by $39.5B. Binance Coin was also among significant weekly losers, by decreasing its cap by more than 8%, wiping $6.8B from its cap. XRP was down by 6.2%, where it lost $1.6B from its market cap. Significant losers in relative terms were, among others, Litecoin with a drop of 13.7% w/w, NEO was down by 12.7%, OMG Network lost almost 11% , same as Filecoin. Interestingly, there have been only a few coins which managed to end the week at a higher level on a weekly basis. Polkadot managed to increase its cap by 2.5% on a weekly basis, while Tron was higher by 3.4% for the week. It should also be mentioned Solana, which ended the week relatively flat, same as Algorand. Tether was a coin which lost 0.5% of its circulating coins, decreasing by this percentage its total market capitalization. On the other side were Algorand and Filecoin, which both increased the number of their coins on the market by 0.3%. Maker added 0.2% of new coins to the market. Crypto futures market Crypto futures also reacted to developments from the spot market. Both BTC and ETH futures were traded significantly lower from the week before. BTC short term futures ended the week by some 8% on average. Futures maturing in December this year ended the week at $56.800 or 8.85% lower from the week before. December 2025 closed the week at $65.215 or 6% lower on a weekly basis. Similar situation was with ETH futures, but with higher weekly drop in future levels. Short term ones were traded around 10% lower, while those with longer maturities were down by more than 11%. ETH futures maturing in December 2024 ended the week at the level of $3.117, while those maturing in December 2025 were last traded at $3.339.
CRYPTOCAP:TOTAL
by XBTFX
1
Bitcoin has reached the Top by mid-March. What is Next!?The United States spot Bitcoin BTC exchange-traded funds (ETFs) recently achieved a new milestone after attracting more than $1 billion in net inflows for the first time on March 12. Investments into spot Bitcoin ETFs continue to soar as daily inflows breached $11.1 billion over the last 13 days. On March 12, Bitcoin ETFs saw their biggest-ever daily inflow of $1.045 billion, chiefly contributed to by BlackRock’s iShares Bitcoin ETF (IBIT). Too many excited ppl, isn't it?! Technical graph indicates on 2-years long upside channel, where near 73K per BTC is the Top, and near 55K is the middle. Technically, BTC can retrace to mentioned above level.
BITSTAMP:BTCUSD
by FinWealth
3
MARKETS week ahead: July 1 – July 7Last week in the news Inflation data were in focus of markets during the previous week. The US PCE data published on Friday, impacted some repositioning among asset classes. The US equities reacted to the inflation data by ending Friday`s trading session in red. The S&P 500 ended the week at the level of 5.460. The US Dollar modestly weakened during the week, allowing gold to recover some of the weekly losses, ending the week at level of $2.340. The strongest reaction to posted data had 10Y Treasury yields, which were increased to the level of 4.4%. The crypto market continues to be under pressure, where BTC was testing the lower grounds during the week, still, ending it above $60K support level. The Fed's favorite inflation gauge, the PCE Price Index for May was published on Friday. The index was standing at the level of 2.6% y/y, and at the same level as core PCE. Figures for May represent its lowest level within the last three years. Despite the evident decrease in inflation pressures, the markets are still not sure regarding the Fed`s pivoting point in time. The majority of market participants are still perceiving that the first rate cut might occur in September this year. As CNBC is reporting, a new wave of M&A activities started within the crypto mining industry, noting as a catalyst artificial intelligence. Namely, as crypto miners have the necessary equipment for “compute-intensive AI operations' ', initially installed for the mining of crypto coins, they became a target of larger companies within the field of AI. In this sense, a Nvidia backend start-up, CoreWeave announced a deal with Core Scientific company. It is noted that the deal is expected to generate additional $1.2 billion in revenues within the next 12 years. In line with the development of AI technology and the demand for data centers, the European Union has finalized their study on a potential for launching data centers in Earth's orbit. As the demand for electricity is significantly increasing due to the developments in the digital sectors, the ASCEND is trying to solve the issue through using solar energy within the Earth's orbit. After BTC and ETH, Solana is the next one to be eligible for an exchange traded fund. As per news reports, VanEck asset management company in the US filed with the SEC for a registration of selling shares through a Solana ETF. VanEck`s researchers believe that the Solana is acting like a commodity and not a security, and that it acts like a competitor to Ethereum blockchain. Solana rose 8% on this news. China is slowly gearing up to be the leader of the global market within the field of electric vehicles. As per study conducted by the consulting firm AlixPartners, the Chinese automakers will achieve a 33% global market share of EV by 2030. However, the firm is noting far slower expansion in Japan and North America, considering the 100% tariff on imported Chinese EV`s that these countries are imposing on imports from China. Crypto market cap For the second week in a row the crypto market is slowing down. Investors' interest continues to be focused on inflation data, in which sense, recent posted PCE and consumer confidence data had also some impact on the crypto market. Anticipation of the next Fed move when it comes to interest rates continues to be a major concern of market participants, in which sense, some repositioning is occurring. During the previous week, total crypto market capitalization decreased by additional 4%, wiping out some $86B from the market value. Daily trading volumes continue to move around $94B on a daily basis. Total crypto market capitalization increase from the end of the previous year, currently stands at $567B, which represents a 35% surge from the beginning of this year. Previous week`s drop in total crypto market capitalization was led by its major coins, BTC and ETH, while other altcoins were traded in a mixed manner. BTC lost 5.2% of its value on a weekly basis, losing more than $ 66B in market cap. ETH took the second place with outflow of $20.8B from its market cap, which is a decrease of 4.9% within a single week. Binance Coin was also traded to a downside, losing $2.5B in market cap, or 2.9%. One of the highest losers within the week in relative terms was Uniswap, with a drop in value of 10.1%. However, there were coins which managed to increase their value on a weekly basis. Solana should be specially mentioned, with a weekly gain of 5.4%, adding $3.3B to its market cap. This increase came after news hit the market that asset manager VanEck filed with the SEC for a registration of selling shares through a Solana ETF. Tron and Polkadot had a good week, with an increase in market cap of more than 5%. When it comes to coins in circulation, ETH was the greatest weekly surprise. Namely, around 1.7% of its coins were pulled off from the market. There is currently no public information what`s the cause of such a move. This week IOTA had one of the highest increases of coins on the market, with a surge of 0.6% on a weekly basis. Filecoin increased its circulating coins by 0.3%. Crypto futures market Two weeks ago the spot crypto market turned to a short correction, still, there has not been some significant response from the crypto futures market. However, during the previous week, there has been some significant correction, when it comes to the crypto futures. Both BTC and ETH futures were traded lower from the week before. BTC short term futures ended the week around 5% lower from the week before. December 2024 was traded by 7.7% lower from the end of the previous week, ending it at $62.315. Futures maturing in December 2025 were traded lower by 6.7%, with a closing price of $69.385. Similar situation was also with ETH futures. Short term ones were traded around 7% lower from the week before, while December 2024 ended the week by a round 4% drop in value, with the last traded price at $3.505. December 2025 had a slower drop of 3.45% on a weekly basis, closing the week at $3.774.
CRYPTOCAP:TOTAL
by XBTFX
MARKETS week ahead: June 24 – 30Last week in the news Markets used the week after the FOMC meeting for some repositioning and profit-takings in expectation of new data which will provide a clue when the Fed will start its pivoting cycle. The S&P 500 finished the week lower, after reaching a new all time highest level, where Nvidia for one more time was in the center of market interest. The US Dollar gained in strengths, pushing the price of gold toward the level of $2.321. The US 10Y Treasury yields remained relatively calm modestly above the 4.20% level, while the crypto market was eyeing lower grounds, and BTC testing the $ 65K support line during the whole week. China was in the center of the news during the previous week, as the both US and EU are imposing further restrictions for products made in China. The negotiations were held between EU and China officials related to tariffs that the EU will impose on China's electric vehicles, in an attempt to protect its own auto industry. On the other hand, the US issued a set of rules which would put a halt to specific investments in the products related to artificial intelligence and other technological developments in China, under the reasoning that they might impose a threat to the US national security. Apple has announced that their three new features named Apple Intelligence, which is based on AI, iPhone Mirroring and enhancements to SharePlay screen shall not be launched in the European Union upon its official release. The company notes that “the interoperability requirements of the DMA could force us to compromise the integrity of our products in ways that risk user privacy and data security”. Although such a move from a company might disappoint consumers in the EU, and in this sense, potentially decrease the sale of Apple devices in EU countries, still, the market for Apple shares remained flat on the news. The US banking regulators publicly disclosed the weaknesses in the resolution plans in four from eight US largest banks, including Citigroup, JPMorgan Chase, Goldman Sachs and Bank of America. Deficiencies in plans were related to derivative portfolios and the way the banks are planning to handle any potentially negative situation. The regulators noted that plans of these companies have “material limitations”. Standard Chartered bank announced that it will establish a trading desk where their clients will be able to trade bitcoin and ether coins. The desk will be based in London as a part of the bank`s FX trading unit. Standard Chartered will be the first bank to allow its clients to trade BTC and ETH directly from their trading platform. Crypto market cap Crypto market continued to slow down also during the previous week. Fed`s pivoting point is still in the center of market interests, in which sense, some repositioning is occurring, considering latest available data on the state of the US economy and potential next Fed`s moves. Currently decreased interest for BTC is evident not only on the spot market, but also in the futures and among ETF`s. As per news reports, BTC ETF`s faced some $900 millions in outflows during the previous week. As the market is searching for new equilibrium levels, the crypto market lost additional 3% in value on a weekly level, losing around $ 69B from its market cap. Daily trading volumes were again decreased to the level of $93B on a daily basis, from $120B traded a week before. Total crypto market capitalization increase from the end of the previous year, currently stands at $653B, which represents a 40% surge from the beginning of this year. The majority of coins were on a losing track during the previous week, except only a few ones which ended the week in a positive territory. In a nominal sense, BTC lost the most of all coins, around $38B on a weekly basis, or 2.9%. ETH managed to end the week relatively flat compared to the week before. Among higher weekly losers were Binance Coin, with a drop in value of $2.8B or 3.1%, there was also Solana, which dropped its market cap by $4.9B or 7.3% w/w. In a relative terms, the highest weekly losers were coins like OMG Network, with a drop in value of 16.3%, Zcash was down by 11.4% same as NEO, Filecoin and Uniswap both lost around 15% on a weekly basis, while Algorand was down by 12.7%. The majority of other altcoins dropped up to 10% w/w. Among few gainers were EOS, who managed to increase its cap by 14.8% w/w, while Maker ended the week higher by 7%. There has been some increased activity when coins in circulation are in question. In this sense ETH`s circulating coins increased by 1.8% on a weekly level, Tether increased its number of coins by 0.3%, same as the total value of its market cap. This week LINK had an increase of its circulating coins by 3.6%, while Filecoin, traditionally increased the number of its coins in circulation by 0.6% w/w. Crypto futures market Decreased activity on the crypto futures market continues. In line with the spot market BTC futures were traded lower compared to the week before, while ETH futures ended the week higher. BTC short term futures were traded lower by more than 2%. Futures maturing in December 2024, closed the week at price $67.560 or 2.5% lower from the week before, while those maturing a year later were last traded at $74.355 relatively flat on a weekly level. ETH short term futures closed the week around 3% higher. Futures maturing in December 2023 ended the week at $3.651 or 3.3% higher w/w, while December 2025 was closed 3.7% higher at level of $3.909.
CRYPTOCAP:TOTAL
by XBTFX
MARKETS week ahead: June 17 – 23Last week in the news Another volatile week is behind financial markets, where volatility was induced by the Fed`s narrative. The Fed held interest rates unchanged, decreasing their estimate from initially three rate cuts to only one till the end of this year. The US Treasuries were the ones that reacted the most on Fed narrative ending the week around 4.20% level. The price of gold was trying to erase some losses from the week before, closing the week at the level of $2.330. The crypto market also had its breakthrough, however, to the downside, where BTC was testing the level of $ 65K as of the weekend. The most important event during the previous week was the FOMC meeting. Although the slowdown in May inflation was acknowledged by the Fed officials, still, there is not enough data which would make them certain that the inflation would not move away from its 2% course. In this sense the rates were left unchanged at this meeting, as it was widely expected by markets. On the other hand, the most important information from this meeting is that the Fed changed its projection on the number of rate cuts during this year from initially three to only one. Market participants are now discussing when this one rate cut might occur? One of the first who came out with estimates was analysts from Citibank. They are currently estimating that the Fed, the ECB and BoE will all cut rates in September. Their forecast has been changed taking into account “resilient services sectors, persistent inflation above official targets, and ongoing geopolitical pressures''. They also anticipate that rates will be further decreased through the course of 2025. Microsoft have announced on their blog that the company will no longer ship Recall. A Recall is a tool developed based on artificial intelligence technology whose purpose was to track user activity. The Recall will be replaced with Copilot+ PC. Microsoft made this move following the privacy and security concerns related to their product. Artificial Intelligence was also a topic of the G-7 Group meeting held on Friday. It is interesting that this year Pope Francis was one of the participants, who spoke about positives and negatives of AI in ordinary life. For the rest of participants, China was the main topic, considering that in their joint statement it has been written that they will “ continue to take actions to protect our businesses from unfair practices”. As Bitcoin plunged to $ 65K, Michael Saylor, CEO of MicroStrategy increased the latest unsecured convertible note offering from an initial $500 million to $700 million. Notes are coming with an offered yield of 2.25% per annum. It is estimated that the company is currently holding 214.400 BTCs, with an estimated worth of $14 billion. In their most recent survey, the Bank for International Settlements, a global banking regulator, found that 94% of the central banks in the world are currently exploring the possibility of introducing a central bank digital currency. As per survey, the central bankers are first willing to issue a CBDC for institutions before they introduce it to retail users. Crypto market cap US interest rates are going to stay at current levels for some time in the future. The FOMC meeting brought some new insights into the Fed's future moves when interest rates are in question, leaving only one rate cut, from previously estimated three during the year. In this sense markets adjusted their current trading and investment strategies. Some corrections were made on traditional markets, however, the crypto market also reacted to this news, bringing the crypto market to the red zone as of the weekend. Total crypto market capitalization decreased by 5% on a weekly level, losing a total $121B from its cap. Daily trading volumes were modestly increased to the level of $120B on a daily basis from $85B traded a week before. Total crypto market capitalization increase from the end of the previous year, currently stands at $722B, which represents a 44% surge from the beginning of this year. A decline in the value of the crypto market relates to almost all coins during the week. Only a few finished the week in green. In nominal terms, BTC lost the most as it is the largest coin on the market. BTC decreased its market cap by $65B, which is 4.7% of its value. Second place took ETH, with a drop in value of $16B or 3.6%. Binance Coin had one of the highest weekly losses since the last year, where it has been wiped out around $ 11B from its value which decreased it by 11% w/w. Solana should also be mentioned as a significant weekly loser in nominal terms as the coin lost $7.4B in value or almost 10%. Significant losers in relative terms were Theta, with a drop in value of almost 14%, OMG Network was down by 12.7%, Filecoin lost 16%. Other coins were down in a range from 2% up to 10% or higher. There are only a few coins which managed to pass the week with a gain, some of which are Uniswap, with an incredible 17% surge in value, Monero was traded higher by 2.2%. Tether was another coin which sustained its market cap, but through an increase of its coins in circulation by 0.1%. This week Miota had an increase in the number of coins on the market of 0.6%, while Solana`s number of coins was higher by 0.2% w/w. Crypto futures market Crypto futures also tumbled during the week, following generally negative sentiment from the spot market. BTC futures were traded lower by more than 5% for almost all maturities. However, it should be noted that long term futures are generally holding at higher levels. In this sense, futures maturing in December 2024 ended the week at level of $69.290, while those maturing a year later were last traded at price $74.480. ETH`s futures were traded lower by more than 8% for all maturities. However, futures maturing in December 2024 were last traded at $3.532 which is 10.3% lower from the end of the previous week. At the same time, futures maturing in December 2025 reached the price of $3.770, which is 8.8% lower from the week before.
CRYPTOCAP:TOTAL
by XBTFX
Crypto Coins Heatmap: The Ultimate Guide for Beginners (2024)Discover the easiest way to track, group and sort your favorite tokens in one place — the TradingView Crypto Coins Heatmap. Everyone — from the aspiring crypto enthusiast to the professional digital asset fund manager — needs it. Meet the ultimate cryptocurrency tracking and monitoring tool, the TradingView Crypto Coins Heatmap. What Is Crypto Coins Heatmap? Slick-looking, feature-rich, and aesthetically pleasing, the Crypto Coins Heatmap is a visual tool developed by TradingView. It displays the performance of crypto coins plastered over a single interface that allows users to keep tabs on price movements through color coding and percentage performance. Key Features Let’s start off with the basic features of the Crypto Coins Heatmap. 1. Color-Coded Performance Indicators Green indicates positive performance (coin go up — good.) Red indicates negative performance (bad coin — goes down.) Grey indicates slim to no price movement, typical for stablecoins. 2. Real-Time Price Data The heatmap is updated in real-time and shows the most current information so crypto geeks could know the price of everything all the time. 3. Market-Cap-to-Size Ratio The size of each crypto coin corresponds to its market capitalization, i.e. the more room it takes on the screen, the bigger the market value. Bitcoin ( BTCUSD ), the original cryptocurrency , takes up over half the entire screen because its dominance is over 50% of the total market’s worth. Key Functionalities What can you actually do with that data and can you customize it? Yes — let’s find out how. 1. Select Source At the top left, select “Crypto coins” and choose your preferred grouping. Crypto coins Crypto coins (Excluding Bitcoin) Crypto coins (Excluding Stablecoins) Coins DeFi 2. Size By Next up, hit the “Market cap” menu to arrange the digital assets by various sizes and parameters. Also, for a more detailed look, make sure to check the dedicated crypto market cap corner on the TradingView website. Market cap FD market cap Volume in USD 24h Total value locked Volume 24h / Market cap Market cap / TVL (total value locked) 3. Color By The third option from the top bar menu — “Performance” — shows you the tokens’ percentage return on various time frames. Performance from 1-hour to 1-year time frame. 24-hour volume change, measured in %. Daily volatility, measured in %. Gap, measured in % (previous day’s closing price to today’s opening price). 4. Toggle Mono Size The grid icon allows you to display all tokens in the same size. 5. Filter The filter icon is where it gets really precise — fine-tune your results by various size and performance metrics. 6. Settings The gear icon displays the layout settings and allows you to add or remove certain visual elements. Add or remove Title (by Description or Symbol). Add or remove Logo. Add or remove First value, measured in %. Add or remove Second value, measured in price or market cap. Color scheme: Classic, Color blind, Monochrome. 7. Share Icon Tell your crypto friends or cool uncle about this nifty interface by clicking on the Share icon to: Save image Copy link Share on Facebook Share on Twitter (X) 8. Heat Multiplier The x1 (by default) icon is the Heat Multiplier, which narrows down your search based on the percentage return on a given time frame. Play around with it to find out the biggest losers and winners in the crypto world. Why You Need the TradingView Crypto Coins Heatmap Interactive Charting Click on any token on the screen to bring up a detailed chart with all the key data you could want. Here’s an example of Ethereum’s ( ETHUSD ) interactive chart: Quickly grasp market conditions, sentiment, and trends with the intuitive interface. Comprehensive Market Overview Make precise comparisons between different cryptocurrencies to see how price performances stack up against each other. Final Considerations The TradingView Crypto Coins Heatmap is your gateway to current price data spanning all over cryptoland. Be sure to check it whenever you need a glimpse into the digital asset market and its volatile prices. And finally, maximize the heatmap’s potential by transferring the insights into your trading plan . Let us know if you use the Crypto Coins Heatmap — leave your comments below!
Editors' picks
BITSTAMP:BTCUSDEducation
by TradingView
4
MARKETS week ahead: June 10 – 17Last week in the news Macro fundamentals were the ones that significantly moved markets during the previous week. The US jobs data were the ones that strongly pushed market expectations that the Fed might cut interest rates during the course of this year. The US Dollar gained during the week, while the price of gold sharply dropped to the level of $2.293. US Treasuries also reacted on jobs data, pushing the yield toward 4.43% for one more time. The only market that was relatively calm was the crypto market, where BTC was trying for one more time to clearly break the $70K, but for one more time the attempt was without success. The major news during the previous week is that the ECB started pivoting. In their regular meeting, held during the previous week, the ECB members decided to cut interest rates by 25%. In her after the meeting comments, ECB President Lagarde noted that the inflation has decreased enough within the Euro Area, which supported ECB`s decision. She also noted that the ECB members are “not committing to any particular rate path” suggesting that it is not clear whether there will be more rate cuts in the coming months. It should be noted that the inflation in May reached 2.6%, which is a bit higher from the ECB target of 2%. On the other hand, the FOMC meeting is scheduled for the week ahead. It is currently expected that the Fed will not make any changes to its current interest rates. However, as per current market expectations, there is a 68% chance that the Fed will make its first pivoting move in September this year. At the same time, the latest posted jobs figures show mixed results. On one hand, the US unemployment rate reached 4.0% in May, a bit higher from previous 3.9%, while the non-farm payrolls figure increased by 272K in May, significantly surpassing market estimate of 185K. The price of gold significantly dropped on Friday, on the news that the Bank of China halted its further purchases of gold to its reserves in May, after 18 months of consecutive purchases. The data showed that the PBoC was holding 72.8 million ounces of gold in May, which was the same as in April. The value of China's gold reserves amounts to $170.96 billion. Analysts involved in the matter are commenting that the PBoC is not nearing the actual halt of gold purchases. They are noting that currently elevated prices of gold are not attractive for PBoC purchases, but they will hold until the price of gold consolidates in the near future period. News are reporting that the largest Norwegian sovereign wealth fund, the Norges Bank Investment management (NBIM) will vote against ratification of the $56 billion pay package for Tesla`s CEO Elon Musk. The fund is noting that that the amount is too high and that it is unfair for the shareholders. The fund holds 0.98% stake in Tesla, worth around $7.7 billion. Crypto market cap The US macro data were in the spotlight of investors sentiment during the previous week, where the crypto market was left a bit aside. The markets full focus is now on the forthcoming FOMC meeting, scheduled for Wednesday, June 12th, when investors will be provided with a Fed's latest overview of the macro developments, and potentially information on their future course of action. Of course, the markets are most interested when the Fed will start pivoting. Until the first pivot occurs, the market nervousness around FOMC meetings will remain high. Total crypto market capitalization was increased by 1% on a weekly basis, where BTC was driving the market to the upside. At the same time, daily trading volumes were significantly decreased, moving around $85B on a daily basis, which is a significant drop from the week before, when the market was trading around $113B on a daily basis. Total crypto market capitalization increase from the end of the previous year, currently stands at $843B, which represents a 51% surge from the beginning of this year. Despite the weekly increase in total market capitalization, still, the crypto market was traded in a mixed manner during the previous week. There were almost the equal number of coins which ended the week in green and those with a weekly result in red. Regardless of a higher weekly volatility, BTC gained around 2.7% on a weekly level, increasing its capitalization by $36B. Ether ended the week in red, losing around 2.7% w/w or $12B. Solana also lost $2.5B in the market cap, decreasing it by 3.2%. Among higher losing coins were DASH with a drop in value of 12.6%, EOS lost 11.1%, Zcash dropped by 12%, while OMG Network lost 35.7% on a weekly basis. Among coins which gained during the week were Monero, with an increase in value of 13.6%, Binance Coin was among significant gainers with an increase of the market cap by $12B or 14.1%. Filecoin should also be mentioned, as it increased its market cap by 7%. Increased developments with coins in circulation continues. Filecoin added 0.5% more coins to the market during the previous week. Solana increased its coins in circulation by 0.2%, same as Stellar. Tether`s market cap and circulating coins surged by 0.3% on a weekly basis. Crypto futures market The crypto futures market was generally following developments on the spot market, however, it should be noted that the general interest for the crypto futures decreased during the previous week, which coincided with significantly decreased daily trading volumes on the crypto spot market. BTC both short and long term futures were traded around 2% higher from the week before for all maturities. Futures maturing in December 2024 ended the week at level of $73.750, while those maturing a year later ended the week at the level of $77.025. ETH short term futures were traded around 2.8% lower from the week before, while those with longer maturities were traded relatively flat compared to the week before.
CRYPTOCAP:TOTAL
by XBTFX
Detailed Analysis and Investment RecommendationsPrice Movement Analysis Initial Stability (June 3 - June 4): The price of Bitcoin hovered around USD 67,000 to USD 68,000. This stability suggests a period of consolidation, where traders were accumulating positions. Significant Rise (June 4 - June 5): A noticeable increase in price occurred, moving Bitcoin above USD 69,000. This could be attributed to positive market sentiment, news, or an influx of buying pressure. Fluctuations and Volatility (June 5 - June 7): During these days, Bitcoin's price fluctuated between USD 68,000 and USD 70,000. This period indicates heightened volatility, possibly due to traders taking profits or reacting to short-term market developments. Peak and Sharp Drop (June 8): The price peaked near USD 71,000 before experiencing a sharp decline to below USD 69,000. Such a drop might indicate a strong resistance at the USD 71,000 level, causing a sell-off. Recovery Phase (June 9): Following the drop, the price began to recover, showing upward momentum. This recovery suggests buying interest and support at lower levels. Technical Indicators and Trends: Support Level: USD 68,000 has acted as a strong support level throughout the week. If the price dips below this level, it might indicate a bearish trend. Resistance Level: USD 71,000 is a critical resistance level. Breaking above this level could signal a bullish breakout and potential further gains. Moving Averages: If available, using moving averages (e.g., 50-day, 200-day) can provide additional insight into the trend direction. A crossover of short-term moving averages above long-term moving averages typically indicates bullish momentum. Investment Recommendations For Short-term Traders: Buy on Dips: Consider buying when the price approaches the USD 68,000 support level, as it has shown resilience and potential for recovery. Sell Near Resistance: Plan to sell or take profits if the price nears the USD 71,000 resistance level, as it has previously led to a sell-off. Stop-Loss Orders: Use stop-loss orders to protect against sharp declines, especially below the USD 68,000 support level. For Long-term Investors: Accumulate During Dips: Use price dips as opportunities to accumulate more Bitcoin. The recovery from the recent dip suggests underlying strength and investor confidence. Hold for Long-term Gains: Bitcoin's historical trend has shown substantial long-term growth despite short-term volatility. Holding through fluctuations can yield significant returns. Diversification: Consider diversifying your investment across different cryptocurrencies or asset classes to manage risk effectively. Monitoring and Strategy Adjustments: Stay informed about major news, regulatory changes, and events that could impact the cryptocurrency market. These factors can cause significant price movements. Regularly perform technical analysis to identify emerging trends, support, and resistance levels. Tools like RSI (Relative Strength Index) and MACD (Moving Average Convergence Divergence) can provide additional insights into market momentum. Periodically review your portfolio and investment strategy. Adjust your holdings based on market conditions and your risk tolerance.
COINBASE:BTCUSD
by bbitar
MARKETS week ahead: June 2 – 8Last week in the news The potential timing of the approval of the first ETH ETF and the US inflation data continues to be the major focus of investors on financial markets. The crypto market went into relatively quiet mode during the previous week., while the major developments were on the side of traditional markets. The S&P 500 managed to finish May 4.8% higher from the month before, however, some weakening in investors optimism is evident. The nervousness regarding the PCE data pushed the 10Y US yields toward the level of 4.6%, still, the yields relaxed a bit, after the posted data were in line with market expectations. The price of gold was traded in a relatively short range in line with the US Dollar moves. The market started the week in expectation of the PCE data for May, as this indicator represents one of the Fed's favourite gauges for the inflation. Released data showed that the PCE Price Index was standing at 2.7% in April, exactly in line with market expectations. Core PCE was 2.8%, without a change from the previous month. Core PCE was increased by 0.2% on a monthly basis, while PCE index was up by 0.3% for the month. Although analysts welcomed PCE data in line with their expectations, still, they are arguing that there is no improvement in data which will clearly show that the inflation is on a down path toward 2%. In their latest FOMC meeting, Fed officials asked for more time, in which sense, the markets will have to stay patient, as new readings on inflation are coming. Analysts and crypto professionals are generally reacting positively on SEC`s approval of holdings in the ETH, however, concern stays over the timing when the first ETH ETF will be approved. Jan van Eck, a CEO of VanEck investment company, noted in an interview with CNBC a positive move from the SEC, as they were on the road to “lose any kind of jurisdiction over digital assets'' and that with their latest move “there is a bigger narrative going on”. Several other investors also commented in a positive note to the SEC's decision, but when regulation is in question, currently the bigger impact will come from the Financial Innovation and Technology for the 21st Century Act, or FIT21, which has passed in the House during May this year, but it's adoption by the Senate, remains unclear until the election in the US this year. A company behind stablecoin Tether is expanding further its business. As per news report, Tether agreed to buy a Singapore-based bitcoin miner Bitdeer (BTDR) for the total price of $150 million. As noted, Bitdeer will use the funds to expand its data centre as well as ASIC-based mining development. Crypto market cap The crypto market slowed down during the previous week. News regarding SEC`s approval of exchange traded funds to hold Etherum`s native token is still digested by the market. The timing of the first approved ETH ETF is still unknown, in which sense, the market pulled a bit in order to reconsider in which direction SEC is actually pulling its decision – whether it was a political one or imposed by the several prior court decisions. Total market capitalization decreased by 1% during the previous week, with an outflow of $35B from this market. Daily trading volumes decreased to the level of $113B on a daily basis, from $120B traded during the previous week. Total crypto market capitalization increase from the end of the previous year, currently stands at $ 826B, which represents a 50% surge from the beginning of this year. Although two weeks ago Ether was the star of the crypto market, still, during the previous week the majority of coins slowed down. Bitcoin lost some 2% in value, losing $28B in the market cap. Ether modestly gained 1.3% on a weekly basis, adding $6.2B to its cap. The majority of altcoins ended the week in red. Some of the highest losers on a weekly basis were Uniswap, with a drop in value of 10.4%, Theta was down by 11.4%, while Bitcoin Cash dropped by 6.5% and Bitcoin Gold dropped by 8.8% w/w. The majority of other altcoins dropped somewhere between 6% and 2%. On the opposite side was only a small number of coins which managed to gain during the week, like Monero, which was up by 4.2%, LINK was traded higher by 6.6% and Solana, which managed to gain 2.3% on a weekly basis. As for circulating coins, for another week Tether increased the number of its coins on the market by 0.2%, however, several other coins had an significant increase. In this sense, OMG Network had a surge in circulating coins by 2.3%, Miota increased the number of coins by 0.6%, Filecoin traditionally increased the number of its coins, which were higher by 0.5% on a weekly basis. Solana was the winner of the week, where the number of its coins was increased by 2.3% w/w. Crypto futures market There has not been too much activity when the crypto futures market is in question during the previous week. While short term futures were following the spot market, the long term ones for ETH were traded with a modest negative sentiment, and closed the week around 0.25% lower from the week before. Futures maturing in December closed the week at $3.939, while those maturing a year later reached the price of $4.136. BTC short term futures were last traded down by 2.5%, while long term ones remained relatively flat on a weekly basis, gaining modest 0.5%. Futures maturing in December 2024 were last traded at $72.065, and those maturing in December 2025 closed the week at $76.050.
CRYPTOCAP:TOTAL
by XBTFX
$TOTAL will triple until end of 2024It sounds impossible, but take a look! As CRYPTOCAP:TOTAL crypto marketcap is inside a multiyear wedge, it will likely continue this trend for next months as we are testing the support If you take a look at the RSI on the panel bellow, another trend is forming and will likely hit the resistence before end of year (big purple arrow), with more then 230% gain After that, we may see a strong correction, mirroring last cicles as is showed on the RSI panel with the 3 dashed red arcs
CRYPTOCAP:TOTAL
by CCCLopes