Before Bitcoin tests the $58,500 level again, it’s worth noting that major US indexes performed well today, with the Nasdaq rising by 2.4% and the S&P 500 increasing by 1.6%. This indicates a bullish macroeconomic outlook. However, despite the positive movement in traditional markets, the cryptocurrency market is currently experiencing a decline.<\/p>\n\n\n\n
On the other hand, Binance, the world’s largest cryptocurrency exchange, has announced that it has successfully registered with India’s Financial Intelligence Unit (FIU). After months of being unavailable, Binance’s app is now back and accessible on both the App Store and Google Play Store.<\/p>\n\n\n\n
Among the notable gainers in the last 24 hours, Fantom\u2019s FTM stands out, especially with its upcoming Sonic upgrade. Meanwhile, the cryptocurrency market appears to have found support around a $2 trillion market cap.<\/p>\n","protected":false},"excerpt":{"rendered":"
Before Bitcoin tests the $58,500 level again, it’s worth noting that major US indexes performed well today, with the Nasdaq rising by 2.4% and the S&P 500 increasing by 1.6%. This indicates a bullish macroeconomic outlook. However, despite the positive movement in traditional markets, the cryptocurrency market is currently experiencing a decline. On the other […]<\/p>\n","protected":false},"author":93,"featured_media":40303,"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-41478","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\/41478","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=41478"}],"version-history":[{"count":2,"href":"https:\/\/coinswitch.co\/switch\/wp-json\/wp\/v2\/posts\/41478\/revisions"}],"predecessor-version":[{"id":41481,"href":"https:\/\/coinswitch.co\/switch\/wp-json\/wp\/v2\/posts\/41478\/revisions\/41481"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/coinswitch.co\/switch\/wp-json\/wp\/v2\/media\/40303"}],"wp:attachment":[{"href":"https:\/\/coinswitch.co\/switch\/wp-json\/wp\/v2\/media?parent=41478"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/coinswitch.co\/switch\/wp-json\/wp\/v2\/categories?post=41478"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/coinswitch.co\/switch\/wp-json\/wp\/v2\/tags?post=41478"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}