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Po'o toe fa'afo'isia aseta Crypto Laiti Laiti Se Fa'ailoga Fa'amata'u Fa'aituau Toe Fo'i Mai?
The crypto market just saw some slight recovery, but the performances are upside down. Opposite to the way sellouts usually play out, the Bitcoin dominance dropped dramatically as the asset is underperforming the Small Cap index.
Mai le $3 trillion maketi maketi ia Novema talu ai, o le maketi crypto ua paʻu nei i lalo i le $800 piliona:
Crypto total market cap down to $879.871 billion in the daily chart | Source: TradingView.com Smaller Altcoins Make A Strong ComebackLast week the crypto market saw its bottom, followed now by some slight recovery. As per Arcane Research’s latest weekly report, the smaller altcoins have also been seeing red numbers with the Small Cap index shedding 27%, but it has been the best performer overall.
I ata vaaia, Bitcoin had dropped 35%. Through this small window of relief during June, we have seen the blue-chip coin underperform all other indexes.
Bitcoin underperforms all crypto indexes in June | Source: Arcane ResearchO se taunuuga, o le pule a le BTC i le maketi na paʻu -1,51% i lenei vaiaso i le 43,5% aʻo pa'ū Eteru -0,31. O le vaega mulimuli ua faʻaitiitia talu mai Me mai le 19.5% i le 15%.
Bitcoin dominance sees a big decline while altcoins take the lead | Source: Arcane Research What’s Making This Crypto Winter ColderO le lipoti o loʻo taʻua ai o le avetaʻavale muamua o lenei faʻalavelave crypto o le faʻaputuga puipui o le Three Arrow Capital (3AC) ua paʻu. O le fa'aputuina o le sili atu i le $200 miliona i le fa'atauga a le Luna Foundation Guard, na i'u ai ina soloi'esea le fa'aletupe a le 3AC ma o lona vala'au pito i tua o le fa'atosina mulimuli lea mo le maketi ua fa'amalosia.
Related Reading | How Long Will The CryptoWinter Last? Cardano Founder Provides Answers
As per the Wall Street Journal, the crypto hedge fund hired legal and financial advisers to help work out a solution for its investors and lenders. The firm is looking for a way out, “including asset sales and a rescue by another firm”. The prognostic is not very positive at the moment, seeing the wave of liquidations and mitigations of losses by crypto exchanges that have followed the collapse.
"E le o matou muamua na lavea ... O vaega uma lava lea o le faʻamaʻi tutusa lea na aʻafia ai le tele o isi kamupani," o le tala lea a Kyle Davies, 3AC's co-founder, i se faatalanoaga.
Fa'amatala e Arcane Research e fa'apea "I vaitaimi o le le mafai ona totogiina, e fa'amavae muamua e tagata o lo'o nofo aitalafu ai le tele o aseta, lea e foliga mai o le mafua'aga o le le lelei o le BTC ma le ETH i le vaiaso talu ai."
O loʻo faʻaopoopo mai le lipoti e faapea "o altcoins illiquid e sili atu ona luitauina le faʻatau atu i le lapopoa, aemaise lava i taimi faigata, lea e faʻamatalaina ai le mafuaʻaga na oʻo ai i tupe siliva laiti le faʻaitiitia o le faʻatau atu i le vaiaso talu ai".
Meanwhile, Microstrategy CEO Michael Saylor described the events around this winter as a “parade of horribles” in which the consequences of lack of regulation in the crypto field have made it possible for wash trading and cross-collateralized altcoins to weigh down on Bitcoin.
“What you have is a $400 billion cloud of opaque, unregistered securities trading without full and fair disclosure, and they are all cross-collateralized with Bitcoin. "
"O tagata lautele e le tatau ona faʻatau mai faʻamalumaluga e leʻi resitalaina mai le au fai tupe e ono pe leai foi iina i le Aso Tofi a sau," o le faʻaopoopo mai lea a Saylor, ma faʻafefe i le paʻu talu ai nei ma fautua mai o gaioiga i le lumanaʻi a le au pulega e mafai ona taofia ai le maualuga o le fesuiaiga o le BTC i le taimi nei. aafiaga.
Related Reading | Crypto Investors Find Safety In Stablecoins, Bitcoin, Ditch Altcoins En Masse
Punavai autu: NewsBTC