דאָגע, קסרפּ, קאַרדאַנאָ סקייראַקאַץ, בטק, עטה סלאַגיש

The Crypto market continues to remain sluggish due to aggressive monetary policies by global economies. The Bitcoin “Fear and Greed Index” still shows extreme fear as the sentiment around the largest cryptocurrency. Bitcoin went down by 1% in the last 24 hours and is currently trading at $19.1K. 

Ethereum continues to display bearish tendencies after the merge. ETH price fell close to 9% in the last 7 days and close to 1% in the last 24 hours. It is currently trading at $1.31K. 

The global crypto market cap decreased marginally in the last 24 hours and currently stands at $940.18 billion.

The Biggest Winners

Outside of Ethereum, the altcoin market has shown some strength. XRP continues its strong showing by increasing close to 6% in the last 24 hours. It has surged by more than 45% in the last 7 days. It is currently trading at $0.511.

Cardano (ADA) broke its downward movement and געוואקסן דורך קסנומקס% in the last 24 hours. It is currently trading at $0.462. On the other hand, Solana displayed strong sentiments and surged by 5% to trade at $33.69.

Dogecoin (DOGE) was one of the biggest winners of the  crypto market in the last 24 hours. DOGE surged by 8% in the last 24 hours and close to 2% in the last hour. DOGE is currently trading at $0.064.

Cronos(CRO), the token of Crypto.com, was another big winner of the crrypto market. CRO increased by 13.72% in the last 24 hours to trade at $0.1242.

Chainlink (LINK) continues to receive support from crypto traders and influencers. It surged by 5% to trade at $7.44. Major crypto trader Kevin Svenson believes that Chainlink at this price is a מאַסיוו געלעגנהייט. Michael van de Poppe, the CEO of Eight Global, had similar sentiments about LINK. 

What Is Driving The Crypto Market

The crypto market is not able to break through due to the hawkishness of the Federal Reserve. Meanwhile, the dollar continues to show incredible strength. The broader market, S&P 500 and NASDAQ-100, fell by 1.6%. 

The crypto market is strongly related to the broader market. 

Nidhish איז אַ טעכנאָלאָגיע ענטוזיאַסט, וועמענס ציל איז צו געפֿינען עלעגאַנט טעכניש סאַלושאַנז צו סאָלווע עטלעכע פון ​​די ביגאַסט ישוז פון געזעלשאַפט. ער איז אַ פעסט באַליווער פון דיסענטראַליזיישאַן און וויל צו אַרבעטן אויף די מיינסטרים אַדאַפּשאַן פון בלאָקקטשאַין. ער איז אויך גרויס אין כּמעט אַלע פאָלקס ספּאָרט און ליב צו שמועסן אויף אַ ברייט פאַרשיידנקייַט פון טעמעס.

די דערלאנגט אינהאַלט קען אַרייַננעמען די פערזענלעכע מיינונג פון די מחבר און איז אונטערטעניק צו די מאַרק צושטאַנד. טאָן דיין מאַרק פאָרשונג איידער ינוועסטינג אין קריפּטאָקוררענסי. דער מחבר אָדער די ויסגאַבע איז ניט פאַראַנטוואָרטלעך פֿאַר דיין פערזענלעכע פינאַנציעל אָנווער.