Crypto Market Analysis | 26 August 2024

Crypto Market Analysis | 15 July 2024   

After touching $65k on the weekend, Bitcoin bears have started to feel the pain as market volatility has decreased significantly, with the world’s largest crypto potentially looking for a breakout after a near-certain rate cut. 69k could be the level to watch next for bulls.

In a major development in the crypto world, Telegram’s co-founder Pavel Durov got arrested in France, causing Toncoin developed by Telegram to lose more than $3 billion. Famous play-to-earn coin NOT too lost 20% in quick time and is now trading below 1 cent.

Disclaimer: Crypto products and NFTs are unregulated and can be highly risky. There may be no regulatory recourse for any loss from such transactions. The information provided in this post is not to be considered investment/financial advice from CoinSwitch. Any action taken upon the information shall be at the user’s risk.

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