{"id":42073,"date":"2024-09-16T09:57:54","date_gmt":"2024-09-16T04:27:54","guid":{"rendered":"https:\/\/coinswitch.co\/switch\/?p=42073"},"modified":"2024-09-16T09:59:08","modified_gmt":"2024-09-16T04:29:08","slug":"16-september-2024","status":"publish","type":"post","link":"https:\/\/coinswitch.co\/switch\/market-analysis\/16-september-2024\/","title":{"rendered":"Crypto Market Analysis | 16 September 2024"},"content":{"rendered":"\n

Unable to sustain above the 60k mark, BTC fell sharply with the Asian market opening on Monday morning, with the next big support round the $57.5k mark. On the other hand, the ETH\/BTC pair has reached June 2021 levels, with the world\u2019s second-largest crypto likely to breach the 2L INR per ETH mark.<\/p>\n\n\n\n

Even as Michael Saylor\u2019s MicroStrategy bought 18,300 more BTC worth more than $1.1 billion, BTC is yet to join the bull run stocks and gold witnessed on Friday. With the US Fed\u2019s monetary easing pivot less than 3 days away, the current week is one of the most important for broader markets in recent times.<\/a><\/p>\n","protected":false},"excerpt":{"rendered":"

Unable to sustain above the 60k mark, BTC fell sharply with the Asian market opening on Monday morning, with the next big support round the $57.5k mark. On the other hand, the ETH\/BTC pair has reached June 2021 levels, with the world\u2019s second-largest crypto likely to breach the 2L INR per ETH mark. Even as […]<\/p>\n","protected":false},"author":93,"featured_media":41486,"comment_status":"closed","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_ayudawp_aiss_exclude":false,"footnotes":""},"categories":[14714],"tags":[6467,6602,6536],"class_list":["post-42073","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\/42073","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=42073"}],"version-history":[{"count":2,"href":"https:\/\/coinswitch.co\/switch\/wp-json\/wp\/v2\/posts\/42073\/revisions"}],"predecessor-version":[{"id":42077,"href":"https:\/\/coinswitch.co\/switch\/wp-json\/wp\/v2\/posts\/42073\/revisions\/42077"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/coinswitch.co\/switch\/wp-json\/wp\/v2\/media\/41486"}],"wp:attachment":[{"href":"https:\/\/coinswitch.co\/switch\/wp-json\/wp\/v2\/media?parent=42073"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/coinswitch.co\/switch\/wp-json\/wp\/v2\/categories?post=42073"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/coinswitch.co\/switch\/wp-json\/wp\/v2\/tags?post=42073"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}