Ngu-NewsBTC - 1 kunyaka ophelileyo - Ixesha lokufunda: imizuzu emi-3
Ngaba i-Crypto Assets encinci ye-Crypto Assets iphinda iphinde i-sign Risk appetite iyabuya?
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.
Ukusukela ngoNovemba odlulileyo kwi-3 yeetriliyoni zeedola, imarike ye-crypto ngoku iphantsi ukuya kuma-800 eebhiliyoni zeedola:
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.
Okuchasene, 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 ResearchNgenxa yoko, ukubusa kwe-BTC kwimarike kwawa -1,51% kule veki ukuya kwi-43,5% ngelixa i-Etere yawa -0,31. Le yokugqibela iye yehla ukususela ngoMeyi ukusuka kwi-19.5% ukuya kwi-15%.
Bitcoin dominance sees a big decline while altcoins take the lead | Source: Arcane Research What’s Making This Crypto Winter ColderIngxelo iphawula ukuba umqhubi oyintloko wale ngxaki ye-crypto ibe yi-hedge fund ye-Three Arrow Capital (3AC) ukuwa. Emva kokuba utyale imali engaphezulu kwezigidi ezingama-200 zeedola kwintengiso yophawu lweLuna Foundation Guard, ubukho bemali ye-3AC buphele bucinywa kwaye umnxeba wayo womda yaba sisidindi sokugqibela semarike esele icinezelwe.
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.
“Besingengabokuqala ukubethwa…Oku bekuyinxalenye yosulelo olufanayo oluchaphazele ezinye iifemu ezininzi,” utshilo uKyle Davies, umseki we-3AC, kudliwanondlebe.
Uphando lweArcane luchaze ukuba “Ngamaxesha okutshona, abatyalwayo bakhulula ezona asethi zolwelo kuqala, ekusenokwenzeka ukuba ngunobangela wokungaqhubi kakuhle kwe-BTC kunye ne-ETH kwiveki ephelileyo.”
Ingxelo yongeza ukuba "i-altcoins e-illiquid inzima kakhulu ukuthengisa ngobukhulu, ngakumbi ngexesha loxinzelelo, nto leyo echaza ukuba kutheni iimali ezincinci ziye zafumana uxinzelelo oluncinci lokuthengisa kwiveki ephelileyo".
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. "
"Uluntu ngokubanzi akufanele luthenge izibambiso ezingabhaliswanga kwiibhanki ze-wildcat ezinokuthi okanye zingabikho ngoLwesine ozayo," u-Saylor wongezelela, egxeka ngokuwa kwangoku kunye nokucebisa ukuba izenzo zexesha elizayo ngabalawuli zinokuthintela izinga lokuguquguquka ukuba i-BTC ngoku. namava.
Related Reading | Crypto Investors Find Safety In Stablecoins, Bitcoin, Ditch Altcoins En Masse
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