Market Wrap: Cryptos Decline Amid Choppy Trading, DeFi Tokens Underperform
Aversion to risk remains as volatility returns to stocks and cryptos.
Aversion to risk remains as volatility returns to stocks and cryptos.
BTC is roughly flat over the past week. Technical signals suggest a neutral to bearish outlook.
The latest moves in crypto markets in context for May 20, 2022.
BTC muestra una sobreventa, aunque las condiciones de trading han sido irregulares en los últimos días.
BTC is declining less than altcoins, indicating a lower appetite for risk among traders.
BTC appears oversold, although trading conditions have been choppy over the past few days.
The latest moves in crypto markets in context for May 19, 2022.
Bitcoin lost support at $30,000 as Chinese tech stocks sold off on earnings worries a day after hawkish comments from the U.S. Federal Reserve.
With money leaving stablecoins and the industry as a whole, is there any good news?
Traders continue to hedge against further price declines.