Why are Bitcoin, Ethereum and Dogecoin falling today?

Major cryptocurrencies experimented A decline on Tuesday evening, reflecting THE growth acceptance of THE notion of prolonged upper interest rates In financial markets.

Cryptocurrency Earnings +/- Price (Checked in 9:30 a.m. p.m. EDT) Bitcoin BTC/USD -0.40% $26,224 Ethereum ETH/USD -0.05% $1,590 Dogecoin DOGE/USD -0.60% $0.060

What Arrived: THURSDAY East together has bring more key inflation data, as investors strongly watch For any of them panels of A WE. recession And potential interest rate hiking.

THE Securities And Exchange Commission has announcement A decision has postpone THE decision on THE propose ARK 21Shares Bitcoin ETFs until following year. THE new deadline For This decision has has been together For January 10.

"THE Commission find that he East appropriate has designate A longer period In which has issue A order approving Or disapproving THE propose ruler change SO that he has sufficient time has consider THE propose ruler change," he said Tuesday In A deposit.

Will THE SECOND Finally Approve Highly anticipated Bitcoin Place ETF? Ask industry experts directly has by Benzinga Future of Digital Assets event event In new York on Nov. 14, 2023. Be A part of THE discussions Or You won't just be A passive spectator. Don't do it to leave This chance slide far – secure early bird At a reduced price tickets now!

High Winner (24 Time)

Cryptocurrency Earnings +/- Price (Checked in 9:30 a.m. p.m. EDT) Maker +6.22% $1,412.10 Frax Share +2.15% $5.83 GMX +1.84% $35.58

Currently, THE global crypto walk capitalization stands has $1.05 a thousand billion, A 0.89% increase In THE last day.

THE S&P 500 experimented A decline of 1.47%, closing has 4,273.53, which East below THE 4,300 brand For THE First of all time Since June 9. In the same way, THE Nasdaq Composite retreated by 1.57% has reach 13,063.61.

In the meantime, THE WE. Dollar hint, A measure of THE the greenback strength against A basket of six other currencies, flew has A 10 months high on Wednesday has 106.21 - THE The highest Since Nov. 30. This East in the middle of A background of surging 10 years treasures, which to have touch 16 years old tops, as economic data remains optimistic despite pupil interest rates, reported Reuters.

J.P. Morgan Hunting CEO, Jamie Dimon, has warned that THE Federal Reserve breeding THE rates has 7% could to spell disaster as he would be result In increase financial stress. He quoted Warren Buffett famous saying about discovery out WHO East swimming naked When THE tide go out. Dimon said, "That will be THE tide going out. »

See More: Best Cryptocurrency Scanners

Analyst Notes

Cryptocurrency analyst Michael Van of Poppe predicted that Bitcoin will experience a few weakness And can not to break crucial levels. "If It is not going has to break, I am supposing GOOD test $25,700-26,000 For any of them long positions."

...

Why are Bitcoin, Ethereum and Dogecoin falling today?

Major cryptocurrencies experimented A decline on Tuesday evening, reflecting THE growth acceptance of THE notion of prolonged upper interest rates In financial markets.

Cryptocurrency Earnings +/- Price (Checked in 9:30 a.m. p.m. EDT) Bitcoin BTC/USD -0.40% $26,224 Ethereum ETH/USD -0.05% $1,590 Dogecoin DOGE/USD -0.60% $0.060

What Arrived: THURSDAY East together has bring more key inflation data, as investors strongly watch For any of them panels of A WE. recession And potential interest rate hiking.

THE Securities And Exchange Commission has announcement A decision has postpone THE decision on THE propose ARK 21Shares Bitcoin ETFs until following year. THE new deadline For This decision has has been together For January 10.

"THE Commission find that he East appropriate has designate A longer period In which has issue A order approving Or disapproving THE propose ruler change SO that he has sufficient time has consider THE propose ruler change," he said Tuesday In A deposit.

Will THE SECOND Finally Approve Highly anticipated Bitcoin Place ETF? Ask industry experts directly has by Benzinga Future of Digital Assets event event In new York on Nov. 14, 2023. Be A part of THE discussions Or You won't just be A passive spectator. Don't do it to leave This chance slide far – secure early bird At a reduced price tickets now!

High Winner (24 Time)

Cryptocurrency Earnings +/- Price (Checked in 9:30 a.m. p.m. EDT) Maker +6.22% $1,412.10 Frax Share +2.15% $5.83 GMX +1.84% $35.58

Currently, THE global crypto walk capitalization stands has $1.05 a thousand billion, A 0.89% increase In THE last day.

THE S&P 500 experimented A decline of 1.47%, closing has 4,273.53, which East below THE 4,300 brand For THE First of all time Since June 9. In the same way, THE Nasdaq Composite retreated by 1.57% has reach 13,063.61.

In the meantime, THE WE. Dollar hint, A measure of THE the greenback strength against A basket of six other currencies, flew has A 10 months high on Wednesday has 106.21 - THE The highest Since Nov. 30. This East in the middle of A background of surging 10 years treasures, which to have touch 16 years old tops, as economic data remains optimistic despite pupil interest rates, reported Reuters.

J.P. Morgan Hunting CEO, Jamie Dimon, has warned that THE Federal Reserve breeding THE rates has 7% could to spell disaster as he would be result In increase financial stress. He quoted Warren Buffett famous saying about discovery out WHO East swimming naked When THE tide go out. Dimon said, "That will be THE tide going out. »

See More: Best Cryptocurrency Scanners

Analyst Notes

Cryptocurrency analyst Michael Van of Poppe predicted that Bitcoin will experience a few weakness And can not to break crucial levels. "If It is not going has to break, I am supposing GOOD test $25,700-26,000 For any of them long positions."

...

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