Broader crypto markets continued retracing for another day, as investors await the interest rate decision from the Bank of England and Federal Reserve\u2019s interest rate decision this week.<\/p>\n\n\n\n
With Grayscale\u2019s ETF having net $120 million outflows in the day, ETH also traded lower below the $3,300 mark. Ethereum, however, has major support around the $2,800 mark even if the downtrend continues.<\/p>\n\n\n\n
In another development, the world\u2019s second-largest stablecoin issuer Circle reportedly trades around the $5 billion mark, albeit much lower than the last failed listing attempt at 9 billion dollars.<\/p>\n","protected":false},"excerpt":{"rendered":"
Broader crypto markets continued retracing for another day, as investors await the interest rate decision from the Bank of England and Federal Reserve\u2019s interest rate decision this week. With Grayscale\u2019s ETF having net $120 million outflows in the day, ETH also traded lower below the $3,300 mark. Ethereum, however, has major support around the $2,800 […]<\/p>\n","protected":false},"author":93,"featured_media":40395,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_ayudawp_aiss_exclude":false,"footnotes":""},"categories":[14714],"tags":[6467,6602,6536],"class_list":["post-41420","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-market-analysis","tag-crypto","tag-market-update","tag-news"],"acf":{"key_takeways":false,"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":"","post_author":false,"guest_author":false,"hide_toc":true,"select_disclaimer":"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\u2019s risk."},"post_mailing_queue_ids":[],"_links":{"self":[{"href":"https:\/\/coinswitch.co\/switch\/wp-json\/wp\/v2\/posts\/41420","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\/93"}],"replies":[{"embeddable":true,"href":"https:\/\/coinswitch.co\/switch\/wp-json\/wp\/v2\/comments?post=41420"}],"version-history":[{"count":2,"href":"https:\/\/coinswitch.co\/switch\/wp-json\/wp\/v2\/posts\/41420\/revisions"}],"predecessor-version":[{"id":41423,"href":"https:\/\/coinswitch.co\/switch\/wp-json\/wp\/v2\/posts\/41420\/revisions\/41423"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/coinswitch.co\/switch\/wp-json\/wp\/v2\/media\/40395"}],"wp:attachment":[{"href":"https:\/\/coinswitch.co\/switch\/wp-json\/wp\/v2\/media?parent=41420"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/coinswitch.co\/switch\/wp-json\/wp\/v2\/categories?post=41420"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/coinswitch.co\/switch\/wp-json\/wp\/v2\/tags?post=41420"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}