BTC halving will be reviewed soon! Do cryptocurrencies provide the opportunity to buy from the bottom?

Alonzo

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Jul 16, 2023
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BTC halving will be reviewed soon! Do cryptocurrencies provide the opportunity to buy from the bottom?



On Tuesday, April 2, cryptocurrency market criticism was shaken by a pullback. As sales increased, the crypto market cap dropped 5.68 percent over the last 24 hours, falling steadily from 2.64 to 2.48 exercise dollars. This sudden decline that shook the market started with the decline of leading digital assets Bitcoin and There were panic sales in meme coins along with altcoins. You will now be able to buy altcoins from 4 years to 11 years.

SAs shooting pressure increases, analysis firm coin glass The crypto market capitalization has experienced a significant decline in both long-term and short-term parameters. It was noted that there was no loss of 414 million in long-term positions.

Is there no decline in the cryptocurrency market?


According to analysts, the April 2 decline in cryptocurrencies is a sign of the upcoming Before Bitcoin halving part of the process. While there are only a few days until the halving, with the expiration of crypto variable options, the criticisms are withdrawn, the same patterns as in the past. Considering historical data, the market development is thought to be similar to previous halving period pullbacks.


The main reason for crypto depletion is thought to be Bitcoin’s rapid depreciation. The leading digital asset, which fell in the 65,200 area with a loss of 7.22 percent from $ 70, was the reason for the disappearance of the altcoin and meme coin.

2 tokens rise as losses grow in altcoins


Altcoins that did not mimic Bitcoin’s depreciation amid the broad bearish trend experienced an overall decline of 4 percent to 10 percent. You can buy crypto for ETH, paying $6.93, or $3,302 and $4 in BNB, Binance‘s currency token. Its price is $555 and binance Labs is also highly valued.

solana, the fifth largest digital currency, suffered a significant loss of 8.22 percent. The asset, which has achieved recovery in various ways, melted its one-week gain. Finally, XRP experienced a 4-point decline. The altcoin, which is traded at $0.58, shows a recovery feature according to market sentiment.

While there was a significant pullback in the cryptocurrency market, new meme coins such as Dogwifhat (WIF) and Book of Meme made a profit of 1 to 3 percent in the early trading hours of the day. On the other hand, Core (CORE) altcoins showed a very successful performance during the day.

CORE is 67 years old!


Core increased by 22 percent in the last 24 hours, rising from 2.53 to 3.25. You will have to pay the price for the increase in value recorded in the 19th period and according to CoinMarketCap systems, it became the 46th largest cryptocurrency. Transaction volume increased by 67 percent per day, indicating increased market liquidity and trade offering. The asset, which has viable growth potential in the long term, increased by 257 percent in one week.

1 good CORE price chart
MKR is in an uptrend


Maker (MKR) token was one of the winners of the day. MKR, which grew by 14.55 percent in the last week, is trading at $ 3,797, growing by 1 percent in the last day. This is 41 years old and his art is based on MKR art. Assets designed for use as stablecoins display a significant growth potential in April.

SMOG token maintains its weekly gain


Finally, Solana is one of the assets that maintains its weekly returns despite the daily loss of the SMOG token, which is traded on the local exchange jupiter. An asset that has lost 4 percent in the last day from $0.2034is being processed. Smog token, a large piece token project with high airdrop returns, attracts the attention of enthusiasts with mysterious events to win airdrop rewards. Smog tokens in February and growing rapidlyIt showed a monthly growth of 80 percent. However, potentially expected cryptocurrencies SMOG, one of them, also attracts attention as a play-win game.

Visit SMOG Token​

As a result, the Smog meme project becomes one of the earning tokens that can be purchased in falling cryptocurrency market conditions. Ethereum and USSD purchased assets can also be added to the budget with the card.


The information in the article is for informational purposes only. It does not constitute any investment advice. Neither your author nor cryptoparahaber.com is responsible for any profit or loss you derive from your investments. Ultimately, investment is based on a strong foundation such as knowledge, experience, research and personal decisions.


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