The main cryptocurrencies have decreased sharply on Tuesday after the announcement of a new regulatory surveillance committee, total market liquidations reaching nearly $ 485 million in the last 24 hours.
| Cryptocurrency | Gains +/- | Price (recorded at 8:15 p.m. HE) |
| Bitcoin BTC / USD | -2.96% | $ 98,240.17 |
| Ethereum ETH / USD | -4.15% | $ 2,735.57 |
| Mastiff DOGE / USD | -7.19% | $ 0.2649 |
What happened: The main cryptocurrency fell to $ 97,924.27, its lowest level of the last 24 hours of negotiation, while the larger crypto market capitalization dropped from 2.92% to 3.23 billions of dollars .
The decline coincided with the newly named “Czar crypto” David Sacks announcing the training of a bicameral bipartite committee to establish a Regulatory framework for digital assets.
Ethereum has also been downward pressure despite the attention of social media in Eric Trump, Who suggested on X that “this is the ideal time to add $ ETH”.
The second drop in cryptocurrency followed Dogecoin’s retirement after its 15% rally on Monday.
The turbulence of the market has launched a significant commercial activity, with more than 161,000 traders faced with liquidations. The total interest of the cryptocurrency opened decreased by 5.61% to 113.45 billion dollars, while the negotiation volume dropped by 43.19% to 194.42 billion dollars, according to Coinglass.
The feeling of the market remains cautious, with the index of fear of crypto and the reading greed of 54 Tuesday, indicating a neutral position.
The best winners (24 hours)
| Cryptocurrency | Gains +/- | Price (recorded at 8:15 p.m. HE) |
| Same official (Melania) | + 11.56% | $ 1.65 |
| Fatty penguins (Pengu) | + 3.96% | $ 0.01374 |
| Hyperliquidal (THRESHING) | +2.04 | $ 25.55 |
The decline in the cryptocurrency market occurred in a context of mixed traditional performance. THE Industrial average Dow Jones won 134.13 points, or 0.30%, closing at 44,556.04, while the S&P 500 increased by 0.72% to 6,037.88.
Technology Nasdaq CompositeHowever, it dropped 1.35% to 19,654.02. Dow Futures showed minimal movement in trading after opening hours, down 7 points at 8:15 p.m. HAE.
See also: Shiba Inu Eyes 393% Rally, Dogecoin targets 333% of earnings: what happens?
Analyst’s remarks: GROUND CRYPTOTO-MANAGE Rekt Capital expects Bitcoin to be consolidated between $ 98,300 and $ 101,000 in the short term. “Bitcoin has revisited the level of $ 101,000 … but failed the following new break in a new support,” they noted.
Likewise, analyst Ali Martinez Suggested Bitcoin is negotiated in a larger range between $ 90,900 and $ 108,500, without clear directional trend.
Cryptocurrency analyst Michaël Van de Poppe Offered a counter-current opinion concerning the prospects of Ethereum following the comments of Eric Trump, declaring: “The most hated trade is generally the best trade to do. If Trump bets massively on $ ETH, it is almost stupid not to follow this path to these evaluations. »»
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