Bitcoin, ETHEREUM, and Dogecoin Slide as stock gathering: Analysts occupy a “good sign” for medium-term ETH expectations and long-term price-gray mini trust (BTC) common units of unpleasant fracture interest (Arca: BTC)

The leading cryptocurrencies fell on Tuesday, even as the stock market was raised to record levels.

What happened: Bitcoin He decreased to the lowest level in the two weeks at 93,388.83 dollars, and came out of the range price style.

ethereum He decreased to the lowest level of the day of $ 2,606.90 before recovering the losses later in the evening.

Bitcoin dominance increased above 60 %, while Ethereum represents a 10.3 % stake in the cryptocurrency market.

The encrypted currency qualifiers have increased to $ 344.95 million in the past 24 hours, with more than $ 278 million of bills.

Bitcoin’s open interest increased by 1.12 %. The rise in the open interest, in conjunction with the low prices, indicated the opening of new short sites.

However, more than $ 800 million will be filtered in short centers if Bitcoin prepares $ 100,000.

Market morale turned to the “fear” area, according to the Crypto Fear & Greed index, which may lead to an increase in short sites.

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The global market value of the cryptocurrency was 3.14 trillion dollars, as it contracted 0.90 % in the past 24 hours.

The shares rose sharply on the first trading day of the week. the S & P 500 Raise 0.24 % to close at a standard number of 6,129.58. the Dow Jon’s industrial average It was relatively silent, adding 10.26 points, or 0.02 %, ending at 44,556.34. Heavy technology Nasdak Earn 0.07 % to close at 20,041.26.

The Federal Reserve will issue a minutes of meetings last month on Wednesday, which helps investors to understand the central bank’s position on interest rates.

See more: Best scanners encrypted currency

The analyst notes: A pioneer in the analysis company on the series Santim Note a sharp decrease in the average ETHEREUM network, describing it as a “good sign” for medium -term and long -term prices.

“Just as the very high fees can push sometimes to push merchants away or cause short -term corrections, very low fees (as we see now) will motivate users often and allow the network tool to rise to a prosperous rate,” the analyst stated.

A well -known encryption expert and merchant Ali Martinez Distinctive levels of interest on the bitcoin price scheme.

“Bitcoin faces a 1.88 million BTC supply wall at $ 97,000, while support at $ 94500 is only backed by 695,000 BTC. This defect can play a major role in the next step,” Martinez predicts.