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Bitcoin remains in a downtrend
Market pictureAccording to CoinMarketCap, the total capitalisation of the crypto market fell 7.6% over the week to $1.06 trillion, close to lows not seen since almost mid-March. Adding to the market's nervousness was a sharp sell-off in altcoins in light of the SEC's ongoing crusade against the crypto business.The biggest demand in such a market is for USDT, as issuer Tether decided to print an additional 1 billion stablecoins.Bitcoin once again briefly acted as a safe haven, temporarily enjoyin...
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Posted: Jun 12 2023, 10:53
Author Name: forexlive
Views: 081274