Bitcoin, Ethereum, Dogecoin Slide while actions come together: the analyst is “good sign” for medium -term and long -term prices of ETH – common units of gray Bitcoin Mini Trust (BTC) Undivide fractional beneficial interest (Arca: BTC)

The main cryptocurrencies fell on Tuesday, even though the stock market increased to record heights.

What happened:: Bitcoin Charti at a lower two weeks of $ 93,388.83, leaving its price model linked to the range.

Ethereum fell to an intraday hollow of $ 2,606.90 before recovering the losses later in the evening.

Bitcoin domination increased above 60%, while Ethereum represented a share of 10.3% of the cryptocurrency market.

Cryptocurrency liquidations have increased to $ 344.95 million in the last 24 hours, with more than $ 278 million in upwards that have been erased.

Bitcoin’s open interest increased by 1.12%. An increase in open interest, coinciding with a drop in prices, said the opening of new short positions.

That said, more than $ 800 million in short -term posts will be liquidated if Bitcoin will recover $ 100,000.

The feeling of the market has overturned in the “fear” area, according to the Crypto Fear & Greed index, potentially leading to an increase in short positioning.

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The global market capitalization of the cryptocurrency amounted to 3.14 dollars of dollars, contracting by 0.90% in the last 24 hours.

Actions have strongly joined the first day of negotiation of the week. THE S&P 500 0.24% to end at a record level of 6,129.58. THE Industrial average Dow Jones was compared to be silent, adding 10.26 points, or 0.02%, ending at 44,556.34. Technology Nasdaq Composite won 0.07% to close at 20,041.26.

The Federal Reserve will publish the minutes of the meeting last month on Wednesday, helping investors to understand the more The position of the central bank on interest rates.

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Analyst’s remarks: Meniation of the chain analysis company Santly noted a sharp drop in average costs of the Ethereum network, describing it as a “good sign” for the prices of mid-term and long-term price.

“Just as extremely high fees can sometimes push traders or cause short -term corrections, extremely low costs (as we see now) will often encourage users to return and allow the network to go to a Prosperous rhythm, “said the analyst.

Well-known cryptocurrency expert and merchant Ali Martinez The levels of interest have highlighted the Bitcoin price table.

“Bitcoin faces a supply wall of 1.88 million BTC at $ 97,000, while support for $ 94,500 is supported by only 695,000 BTC. This imbalance could play a key role in the next”, a predict Martinez.