Zero Bullish Catalysts For Cardano, Solana, XRP As Bitcoin Risks Crashing To $12,000

Saunia e ZyCrypto - 1 tausaga talu ai - Taimi Faitau: 2 minute

Zero Bullish Catalysts For Cardano, Solana, XRP As Bitcoin Risks Crashing To $12,000

O maketi crypto na faʻapipiʻiina mo vaiaso e ui lava i tau faʻalelei aʻo tumau pea popolega tau tamaoaiga. I le Aso Tofi, na toe solomuli ai maketi, soloia tupe maua na maua i nai aso talu ai.

Bitcoin Retreats Below $20k, Dragging Major Alts Along

E ui lava i le faʻaalia o le faʻamalosi malosi i le faaiuga o le vaiaso, o maketi crypto na paʻu i le Aso Tofi. O lo'o fa'aauau pea ona fealua'i maketi i se tulaga e feagai ma popolega tau tamaoaiga ma le le mautonu o tulafono faatonutonu.

The number one digital asset by market cap, Bitcoin again slipped lalo ole $20k tulaga tau, pa'u i le 6% ma fefa'ataua'iga i le $19,186 tau tau. Ethereum, o lona tauva vavalalata mo le pule, ua paʻu i lalo i le 8.45% i le 24 itula mulimuli, fefaʻatauaʻiga i le $ 1025 tau tau.

O isi altcoins tetele e pei o Cardano (ADA), Solana (SOL), ma le XRP o loʻo fefaʻatauaʻi i luga o le 10% maualalo e aunoa ma se faʻamalosi manino manino i luga o le tafailagi.

Notably, while some analysts believe that the bottom may be in for Bitcoin as it continues to trade within the tight range formed in mid-May, the markets appear to be lacking a catalyst to sustain a push to the upside. On the other hand, veteran trader Peter Brandt believes the markets can go even lower.

E pei ona lipotia mai e ZyCrypto, ua manatu le faioloa ua masani a 80% pa'u tau (e tusa ma le $12k) mo le taimi lona fa talu mai le 2011 e le o se fesili. I se tulaga talitutusa, i se tweet, na faʻamaonia ai foi e le faioloa o le Ethereum o loʻo faʻatulagaina se faʻataʻitaʻiga tafatolu paʻu i lalo e mafai ona vaʻaia le faʻaitiitia o aseta.

Crypto Firms Are Downsizing And Bitcoin Miners Are Selling

Aʻo faʻaauau pea le faʻasaʻoga o maketi, e feagai ai ma gau ma faʻamalosi mo le 'crypto winter,' e tatau i kamupani crypto ona faʻaitiitia le aufaigaluega. Gemini ma Coinbase o nisi o igoa tetele na faʻasalalau fuafuaga e faʻaititia i le feagai ai ma le vevesi o le tau o le tamaoaiga.

E faapena foi, Bitcoin miners with a reputation for ‘hodling’ a majority of their mined Bitcoin o loʻo i ai faamalosia e faatau atu, adding to the bearish pressure in the market. Consequently, mined Bitcoin flow to exchanges has reached January record highs.

However, it is not all gloom and doom for Bitcoin despite all of these. It is worth noting that Bitcoin ETFs have continued to see inflows in the last couple of weeks, with inflows last week totaling $129 million, a sign that investors still see some upside for the nascent market. Moreover, investment bank, JPMorgan, believes that BTC is currently undervalued, with crypto markets, in general, having more room for an upswing.

Punavai autu: ZyCrypto