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The dollar value of the unlock amounted to 38% of the cryptocurrency's average 30-day trading volume and had potential to push prices lower, per one analyst.
Crypto traders anticipates a big move in bitcoin as Bollinger bands have tightened to the lowest level since early January.
ARK currently owns 11.03 million shares of Coinbase.
PLUS: Chinese Yuan-backed stablecoins are an impossibility.
Crypto investors now effectively lend $614 million to the U.S. government via different tokenized Treasury products, according to real-world asset data firm RWA.xyz.
While July has historically been one of Bitcoin’s strongest months, the largest crypto by market value’s price has remained range-bound so far this month.
Investors committed nearly 20% of all ETH tokens to lock up in staking contracts, according to blockchain data.
Open interest for MATIC trading pairs has risen from $109 million to $160 million in the past 24 hours.
The latest price moves in crypto markets in context for July 11, 2023.
"The dollar index futures act a robust complement to the long-only portfolio from both a thematic and empirical perspective," Marex's Mark Arasaratnam said.
- 20:45BTC breaks through $82,600The market shows that BTC has broken through $82,600, currently reported at $82,603.77, with a 24-hour drop of 1.47%. The market fluctuation is significant, please manage your risk well.
- 20:43The current Bitcoin holdings in El Salvador are 6131.1 coinsMempool data shows that El Salvador currently holds 6131.1 BTC, equivalent to approximately 505 million US dollars.
- 19:45ETH fell below 1800 USDTMarket data shows that ETH has fallen below 1800 USDT, currently reported at 1798.12 USDT, with a 24H drop of 4.14%.