{"id":22700,"date":"2022-08-19T10:07:51","date_gmt":"2022-08-19T04:37:51","guid":{"rendered":"https:\/\/coinswitch.co\/switch\/?p=22700"},"modified":"2022-09-19T18:37:48","modified_gmt":"2022-09-19T13:07:48","slug":"market-update-august-19-2022","status":"publish","type":"post","link":"https:\/\/coinswitch.co\/switch\/crypto\/market-update-august-19-2022\/","title":{"rendered":"Crypto market update: 19 August 2022"},"content":{"rendered":"

After the week’s bullish trend, it is a mixed session for the broader crypto market. Bitcoin (BTC) is currently in the green, but it may fall short of $24,000 for the first time since 9 August. BTC fell 0.55% in yesterday’s session after falling 2.19% on Wednesday, extending its losing streak to five sessions.<\/p>\n

Dogecoin (DOGE), the top meme coin, is leading the way down. DOGE and Shiba Inu Coin (SHIB) traded in the red for the second day in a row. DOGE dropped by 6.85% to $0.07473, while SHIB fell 8.80% to $0.00001348.<\/p>\n

Total crypto market cap continued the downfall, going below $1,100 billion. Market cap hovered between $1,080 billion and $1,107 billion. Despite the four-day losing streak, the market cap recovered compared to the previous day and at the time of release, the total market cap stands at $1,093 billion.<\/p>\n

\"Source:<\/p>\n

Top gainers and losers<\/h2>\n

Kyber Network (KNC) and AirSwap (AST) are up by 4.03% and 0.62%, respectively, while USD Coin (USDC) and Tether (USDT) gained 0.03% and 0.06% respectively. However, Ethereum Name Service (ENS) fell 14.09%, along with Synthetix Network (SNX) which lost 12.84% and yearn.finance (YFI), which tumbled 12.62%.<\/p>\n

Crypto Fear and Greed Index<\/h2>\n

The Fear & Greed Index, a popular market sentiment indicator, rose from 30\/100 to 33\/100. Despite Bitcoin’s failure to revisit the $24,000 level, the Bitcoin Fear & Greed Index rose by 3%, suggesting resilience in investor sentiment. However, the index needs to return to 40 to support BTC\u2019s return to $25,000.<\/p>\n

\"Crypto<\/p>\n","protected":false},"excerpt":{"rendered":"

After the week’s bullish trend, it is a mixed session for the broader crypto market. Bitcoin (BTC) is currently in the green, but it may fall short of $24,000 for the first time since 9 August. BTC fell 0.55% in yesterday’s session after falling 2.19% on Wednesday, extending its losing streak to five sessions. Dogecoin […]<\/p>\n","protected":false},"author":70,"featured_media":22701,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_ayudawp_aiss_exclude":false,"footnotes":""},"categories":[460,6552,6530],"tags":[6467,6602,6536],"class_list":["post-22700","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-crypto","category-market-update","category-news-2","tag-crypto","tag-market-update","tag-news"],"acf":{"json_ld_schema":"\n[{\"@context\":\"https:\/\/schema.org\",\"@type\":\"FAQPage\",\"@id\":\"https:\/\/coinswitch.co\/switch\/us-stocks\/wall-street-jottings\/#FAQPage\",\"headline\":\"Wall Street jottings: A personal, guided tour to investing in US stocks\",\"keywords\":\"Personal Guide, US Investing, \",\"datePublished\":\"2022-07-22T13:28:55+05:30\",\"dateModified\":\"2022-07-22T13:28:55+05:30\",\"dateCreated\":\"2022-07-22T13:28:55+05:30\",\"author\":{\"@type\":\"Person\",\"name\":\"Praniket Nayka\",\"description\":\"\",\"url\":\"https:\/\/coinswitch.co\/switch\/author\/praniket\/\",\"sameAs\":[],\"image\":{\"@type\":\"ImageObject\",\"url\":\"https:\/\/secure.gravatar.com\/avatar\/4b22173b861c31fe922bbaf46c336561?s=96&d=mm&r=g\",\"height\":96,\"width\":96}},\"image\":[{\"@type\":\"ImageObject\",\"@id\":\"https:\/\/coinswitch.co\/switch\/us-stocks\/wall-street-jottings\/#primaryimage\",\"url\":\"https:\/\/coinswitch.co\/switch\/wp-content\/uploads\/2022\/07\/Wall-Street-Jottings.jpg\",\"width\":\"1800\",\"height\":\"1080\"},{\"@type\":\"ImageObject\",\"url\":\"https:\/\/coinswitch.co\/switch\/wp-content\/uploads\/2022\/07\/Wall-Street-Jottings-1200x900.jpg\",\"width\":\"1200\",\"height\":\"900\"},{\"@type\":\"ImageObject\",\"url\":\"https:\/\/coinswitch.co\/switch\/wp-content\/uploads\/2022\/07\/Wall-Street-Jottings-1200x675.jpg\",\"width\":\"1200\",\"height\":\"675\"}]}]\n","json_ld_custom_schema":"","youtube_vodeo_url":"","seo":{"title":"","keywords":"","description":"","canonical":""},"blog_banner_image":false,"blog_coin":false,"download_the_app":{"button_value":"","button_url":""},"twitter_card":{"twitter_title":"","twitter_description":"","twitter_link":""},"maturity_tag":"Beginner","post_author":false,"guest_author":false,"hide_toc":false,"key_takeways":false,"select_disclaimer":"Article Default Disclaimer"},"post_mailing_queue_ids":[],"_links":{"self":[{"href":"https:\/\/coinswitch.co\/switch\/wp-json\/wp\/v2\/posts\/22700","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/coinswitch.co\/switch\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/coinswitch.co\/switch\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/coinswitch.co\/switch\/wp-json\/wp\/v2\/users\/70"}],"replies":[{"embeddable":true,"href":"https:\/\/coinswitch.co\/switch\/wp-json\/wp\/v2\/comments?post=22700"}],"version-history":[{"count":2,"href":"https:\/\/coinswitch.co\/switch\/wp-json\/wp\/v2\/posts\/22700\/revisions"}],"predecessor-version":[{"id":22716,"href":"https:\/\/coinswitch.co\/switch\/wp-json\/wp\/v2\/posts\/22700\/revisions\/22716"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/coinswitch.co\/switch\/wp-json\/wp\/v2\/media\/22701"}],"wp:attachment":[{"href":"https:\/\/coinswitch.co\/switch\/wp-json\/wp\/v2\/media?parent=22700"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/coinswitch.co\/switch\/wp-json\/wp\/v2\/categories?post=22700"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/coinswitch.co\/switch\/wp-json\/wp\/v2\/tags?post=22700"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}