{"id":41584,"date":"2024-08-23T09:47:42","date_gmt":"2024-08-23T04:17:42","guid":{"rendered":"https:\/\/coinswitch.co\/switch\/?p=41584"},"modified":"2024-08-23T09:48:01","modified_gmt":"2024-08-23T04:18:01","slug":"23-august-2024","status":"publish","type":"post","link":"https:\/\/coinswitch.co\/switch\/market-analysis\/23-august-2024\/","title":{"rendered":"Crypto Market Analysis | 23 August 2024"},"content":{"rendered":"\n<p>Facing strong resistance around the $61k level, BTC seems to be taking a breather after a volatile week. However, it looks like the market is now waiting for Fed Chair Powell\u2019s speech today to estimate how aggressive the interest rate cuts are going to be.<\/p>\n\n\n\n<p>Talking about altcoin, Tron\u2019s ecosystem is in the news with its viral product, the SunPump dot meme generating more than half a million dollars in revenue within weeks of release. Tron\u2019s most popular Dex\u2019s token SUN was also the top gainer yesterday with 40% returns in the last 24 hrs.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Facing strong resistance around the $61k level, BTC seems to be taking a breather after a volatile week. However, it looks like the market is now waiting for Fed Chair Powell\u2019s speech today to estimate how aggressive the interest rate cuts are going to be. Talking about altcoin, Tron\u2019s ecosystem is in the news with [&hellip;]<\/p>\n","protected":false},"author":93,"featured_media":40455,"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-41584","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\/41584","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=41584"}],"version-history":[{"count":2,"href":"https:\/\/coinswitch.co\/switch\/wp-json\/wp\/v2\/posts\/41584\/revisions"}],"predecessor-version":[{"id":41587,"href":"https:\/\/coinswitch.co\/switch\/wp-json\/wp\/v2\/posts\/41584\/revisions\/41587"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/coinswitch.co\/switch\/wp-json\/wp\/v2\/media\/40455"}],"wp:attachment":[{"href":"https:\/\/coinswitch.co\/switch\/wp-json\/wp\/v2\/media?parent=41584"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/coinswitch.co\/switch\/wp-json\/wp\/v2\/categories?post=41584"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/coinswitch.co\/switch\/wp-json\/wp\/v2\/tags?post=41584"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}