Cryptocurrencies have been prone to fluctuations that have different effects on investments. Veteran traders pay attention to market data and look at analysis to intervene at the right time and support the right assets. This analysis looks at the latest market trends around two of the most important coins in the cryptocurrency market, Ethereum (ETH) and Bitcoin (BTC).
Cryptocurrencies have been prone to fluctuations that have different effects on investments. Veteran traders pay attention to market data and look at analysis to intervene at the right time and support the right assets. This analysis looks at the latest market trends around two of the most important coins in the cryptocurrency market, Ethereum (ETH) and Bitcoin (BTC).
We will also take a look at pushed (PUSHD), a newcomer that is bringing decentralization to global e-commerce and online marketplaces.
Pushd (PUSHD) supporters can participate in the pre-sale and purchase tokens here.
The Ethereum (ETH) community enjoys a new record
Ethereum (ETH), the second largest cryptocurrency in terms of market capitalization, is a popular decentralized asset for many traders. The network has a host of use cases, including smart contracts and DeFi. Its blockchain also serves as the basis for many other networks and tokens.
However, attentive observers would notice that Ethereum (ETH) has fallen by around 5.61% in the last 24 hours and around 6.26% in the last 7 days. It has also seen a significant decline in trading volume in that period. Analysts have attributed this trend to several factors, including a period of short-term profit-taking and price movements of other assets.
Bitcoin (BTC) Supporters Excited as SEC Showdown Continues
Bitcoin (BTC) is considered the pioneer of cryptocurrencies and has the highest market capitalization of any digital asset. However, it is still not immune to market volatility. The value of 1 Bitcoin BTC decreased by 4.46% in the last day, liquidating positions worth about $500 million.
This came in the wake of a report from Matrixport, a financial services firm, which predicted that the SEC would reject Bitcoin (BTC) spot ETF proposals. While some experts maintain that this value reversal is unrelated to the report, it appears to have affected confidence in the asset. Other analysts believe that technical price metrics are rather responsible for the decline in value.
Pushd (PUSHD) pre-sale gains ground
The innovative project that promises to revolutionize the functioning of online markets through blockchain technology, Pushd (PUSHD), has recorded a major milestone. pushed (PUSHD) registered more than 5,000 new users for pre-sale in just five days. This represents growing confidence in the world’s first decentralized online marketplace.
Key features such as no KYC verification and associated delays continue to make Pushd (PUSHD) stand out, in addition to its lower fees and faster transactions. It also has a unique rewards program, which allows users and investors to benefit in many ways, including by completing milestones. Coins can also be exchanged quickly and at no additional cost, an exclusive feature of pushed (PUSH).
For more information on the pre-sale of Pushd (PUSHD), visit their website.
