Cryptocurrencies have been affected by global markets
Hard sales in the global markets have also affected the cryptocurrency market. Resisting to exceed the $25,000 level, Bitcoin regressed a little due to the hard sales in the US stock indices and started the day at $24,000.
Bitcoin dropped to $24,000 due to the impact of global markets. Bitcoin, which has been pushing the $25,000 level in recent days but could not exceed it, has recorded a slight decline with the decreasing risk appetite after the US stock indices suffered a hard sell. While Bitcoin finds buyers around the $24,000 level, Ethereum is priced in the $1,630 region in the morning. With the effect of the declines, Bitcoin dominance rose to 44.2 levels, while Ethereum dominance decreased to 19.1. The total size of the crypto money market is trying to hold on to the levels of 1.1 trillion dollars. With the effect of the increase in dominance, the decreases in altcoins were a little harder. ANKR, REN and CTSI stand out as the highest risers of the day.
Cryptocurrencies have been affected by global markets
Today, the most important macro development of the week, FED minutes will be published. Before the minutes, sharp pullbacks of 2% to 2.5% in US stock indices attracted attention, and this withdrawal was reflected in many investment instruments, including the crypto money market. In the minutes today, the views and thoughts of the FED officials on considering an interest rate increase of more than 25 basis points will be followed. In addition, expectations regarding the inflation outlook will also be on the market's radar. False statements may cause negative pricing on the marke
