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Crypto Market Daily Highlights – BTC Ends Seven Day Losing Streak

From fxempire.com

It was a bullish Sunday for the crypto market. Bitcoin (BTC) ended its seven-day losing streak. While XRP found strong support, gains across the rest of the top ten were modest. The fallout from the crypto winter continued to hit the market, with news of exchanges reducing headcounts a reminder of market conditions. However, crypto market headwinds remained the primary drag, with inflation, Fed monetary policy, and the threat of a US recession testing investor appetite. With the US markets closed today, the NASDAQ 100 Mini will need considering, with the crypto market continuing to track the US market. At the time of ... (full story)

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  • Category: Fundamental Analysis