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Crypto News

XRP, BTC, ETH Prices predict as inflation data declines in American stocks

The launch of US inflation data has caused an immediate decrease in encrypted currency prices. All digital assets have witnessed the market correction due to this recent development in the encryption market. Bitcoin is trading less than $ 83,000 and ethereum less than $ 1,800 in the current market position. The maximum of the current Crypto Global market is 2.68 trillion dollars despite its decrease of 1.82 % over the last day.

Trading activities witnessed a significant decrease, as the market liquidity decreased to a 30 % decrease, which led to 62.18 billion dollars. Bitcoin dominates 61 %, as investors show the seized market morale across Encryption. The reason for the country’s decrease in the country was the marketing market variables and the decrease in customer optimism, which led to the liquidation of the encryption, totaling $ 450 million.

Xrp

XRP has witnessed a 12 % decrease in just 48 hours, making it the worst major cryptocurrency this week, although Ripple beat SEC. The price of encrypted currencies, especially XRP, was in a declining direction.

Chefir analyst indicated that if XRP is able to break over $ 3, it may nullify the current head and shoulder style, which may turn the upper view of the cryptocurrency.

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Bitcoin (BTC)

Bitcoin market has suffered a significant decrease in prices in the last 24 hours, which prompted its value to less than $ 83,000. Since the last height at 90,000 dollars, the leading cryptocurrency began to decrease in the price. The latest BTC market information reveals its condition at 82,324 dollars with a 2 % decrease in one day.

The encryption analyst noted the important Bitcoin Index, indicating that the percentage of the sale has decreased to 0.086 %. Previous price recovery signs appeared when the sale side rate decreased to less than 0.1 %.

Continuous land pressure is likely to lead to bitcoin for a short period to $ 80,000 in the coming period. The BTC price may increase to $ 90,000, provided that the bulls eventually recover the dominance of the bears.

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ETHEREUM (ETH)

ETHEREUM prices have faced a significant decrease over the past day, which led to a decrease in values ​​under $ 1900 due to the pressure pressure at the market level. During this period, 136.21 million dollars of liquidation occurred due to a low price.

ETH price He trades in a declining price movement, while market participants continue to predict that it will reach $ 2000. ETHEREUM may reach the main support area of ​​$ 1,800 if its declining movement continues. The whale made an impressive purchase of 3,195 ETH, which amounted to $ 5.97 million, at the rate of the distinctive code of $ 1868.

This whale spent 29,341 ETH at a value of $ 58.18 million, starting from March 26, $ 1983 per code.

conclusion

the Crossed currency market He is currently facing difficulties due to the basic economic market indicators. Market participants carefully notice how inflation data affects shares and cryptocurrencies simultaneously.

Related questions (common questions)

The issuance of inflation data in the United States has corrected the market.

The global market ceiling decreased by 1.82 %, now at $ 2.68 trillion.

If the percentage of sales in Bitcoin remains less than 0.1 %, it may refresh.

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Annah enjoys writing about encrypted technology and Blockchain technology. With more than 5 years of experience. For years, you followed their development, and now you think these technologies can revolutionize many industries. I specialized in technical analysis to help take encrypted currency traders in making more enlightened decisions.

Responsibility: Is market research before investing in encrypted currencies? The author or post does not bear any responsibility for your personal financial loss.

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