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The crypto market is rebounding: BTC needs $67K to reverse course
The crypto market is continuing its recovery, which coincided with the start of the calendar month. Market capitalisation has reached $2.14T, up from a low of $2.02T at the start of 1 July. Buying is taking place across the board. Amongst the individual performers over the last 24 hours, the leaders were Uniswap (+13.1%), SushiSwap (+6.8%) and Cardano (+6.5%), while Hedera (-1.9%) and IOTA (-1.7%) lost ground. The crypto market is edging up from below its 200-week moving average. However, we stand by our view that a dip below, or even an approach to, this line reflects a bearish sentiment in the cryptocurrency ... (full story)
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