皇冠开户
热门标签

telegram群组索引(www.tg888.vip):Cryptoverse: Bitcoin beats the heat in a jumpin' July

时间:1周前   阅读:5   评论:6

telegram群组索引www.tg888.vip)是一个Telegram群组分享平台,飞机群组内容包括telegram群组索引、Telegram群组导航、新加坡telegram群组、telegram中文群组、telegram群组(其他)、Telegram 美国 群组、telegram群组爬虫、电报群 科学上网、小飞机 怎么 加 群、tg群等内容,为广大电报用户提供各种电报群组/电报频道/电报机器人导航服务。

FILE PHOTO: Representation of cryptocurrency bitcoin is seen in this illustration taken November 29, 2021. REUTERS/Dado Ruvic

BENGALURU: It's been a good month for bitcoin - and we haven't said that for a while.

After months of freefall, it jumped more than 17% in July, its best performance since October. Ether rose 57%, its strongest monthly gain since January 2021.

The rally was in step with gains of riskier assets such as stocks as investors bet that economic weakness could deter the Fed from aggressively tightening monetary policy.

Bitcoin's 40-day correlation to the tech-focused Nasdaq now stands at 0.90 - up from 0.41 in January - where 1 means their prices move in perfect lockstep.

The leading cryptocurrency has been consistently positively correlated with the Nasdaq since late November, unlike in previous years where it would routinely turn negative, meaning they moved in opposite directions.

Itai Avneri, deputy CEO at cryptocurrency trading platform INX, described July's convergence as "good news".

"It means institutional investors are looking at bitcoin like any other asset," he said. "When the market turns - and it will turn - these institutions will come back and invest in crypto."

Gains were not limited to bitcoin, as the value of the global cryptocurrency market crept back above $1.15 trillion last month, adding over $255 billion since the end of June, CoinGecko data showed.

,

博彩网址平台www.99cx.vip)是一个开放皇冠体育网址代理APP下载、皇冠体育网址会员APP下载、皇冠体育网址线路APP下载、皇冠体育网址登录APP下载的官方平台。博彩网址平台上博彩网址平台会员登录线路、博彩网址平台代理网址更新最快。博彩网址平台开放皇冠官方会员注册、皇冠官方代理开户等业务。

,

Assets under management in digital asset investment products rose 16.9% to $25.9 billion in July, reversing June's decline of 36.8%, according to research firm CryptoCompare.

However, trading has been thin - indicating plenty of investors gauge it's too early to turn bullish in a deeply uncertain macro backdrop with inflation rampant, and America and Europe staring down the barrel of a recession, not to mention the implosion of some big crypto players.

Average daily volumes across all digital asset investment products fell by 44.6% to $122 million, the lowest since September 2020, CryptoCompare found.

"On a medium-term horizon, we're bearish (on crypto) despite the current bounce, this aligns with our stance on equities," researchers at MacroHive wrote on Friday, citing inflation, recession risks and rate hikes.

A LONG WAY FROM $60,000

Bitcoin is currently trading at $23,336, consolidating around the $24,000 mark after touching that level last week.

It will likely continue to trade in a tight range of around $20,000, plus or minus 10% to 15%, until there is more clarity over the economy's trajectory, according to Chris Terry, vice-president at lending platform SmartFi.

"We could be in this stalled market for weeks and weeks."

On the flip side, if the United States enters a prolonged recessionary period and the Fed is forced to cut interest rates, bitcoin could benefit, said Russell Starr, CEO of Valour, which creates exchange-traded products for digital assets.

上一篇:澳洲幸运5官网:没人为了拉杆箱,再去办信用卡了

下一篇:皇冠管理端登3手机:Air New Zealand annual loss widens on lockdowns

网友评论

  • 2022-08-15 00:39:31

    皇冠博彩www.hg108.vip)是皇冠体育官方信用网线上直营平台。皇冠博彩开放信用网和现金网代理申请、信用网和现金网会员注册、线上充值线上投注、线上提现、皇冠官方APP下载等业务。皇冠博彩提供皇冠官网管理端登录线路、皇冠官网会员端登录线路,皇冠官网手机网址、皇冠官网最新网址导航等服务。大家聊什么呢

    • 2022-08-22 04:18:19

      @皇冠app(www.hg108.vip) 冯德莱恩宣布,拟议的制裁方案中包括进一步禁止俄罗斯产品进口。这预计将使俄罗斯额外损失70亿欧元(约合人民币485亿元)的收入。此外,对于用于军事领域的关键技术,如航空物品、电子元件和特定化学物质等将实施更多的出口禁令。哎呀,捡到宝了!