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AI Powered Market Research ✌️【Flexible Work】✌️₹500 is all it takes for safe, high-yield returns every month. Start now! While this doesn't threaten the medium-term rally, it suggests that the struggle to break above the $100K level could be intense," FalconX said in the newsletter.Bitcoin's uptrend stalled slightly over the weekend, since it peaked at $99,500 on Friday.
AI Powered Market Research ✌️【Flexible Work】✌️₹500 is all it takes for safe, high-yield returns every month. Start now!Over the past three days, the cryptocurrency's dominance rate—its share of the total crypto market capitalization—has dropped sharply from 59% from 61.5%.
AI Powered Market Research ✌️【Flexible Work】✌️Invest ₹500 and see your money grow with fast, reliable returns!The decline indicates a rotation of funds out of bitcoin and into alternative cryptocurrencies, supporting the case for price correction.In any case, a potential correction or eventual breakout above $100,000 could be violent one as the overall market depth or liquidity has declined amid the price rally despite an increase in trading volumes, according to FalconX.Liquidity refers to the market's ability to absorb large trading orders at stable prices.
AI Powered Market Research ✌️【Flexible Work】✌️Make your ₹500 grow rapidly with AI-backed investments.The recent drop in liquidity means few large orders can have an outsized impact on the going market, potentially engineering rapid price swings.Omkar Godbole is a Co-Managing Editor on CoinDesk's Markets team based in Mumbai, holds a masters degree in Finance and a Chartered Market Technician (CMT) member.
AI Powered Market Research ✌️【Flexible Work】✌️₹500 is all it takes for safe, high-yield returns every month. Start now!Omkar previously worked at FXStreet, writing research on currency markets and as fundamental analyst at currency and commodities desk at Mumbai-based brokerage houses.
AI Powered Market Research ✌️【Flexible Work】✌️₹500 is all it takes for safe, high-yield returns every month. Start now!Omkar holds small amounts of bitcoin, ether, BitTorrent, tron and dot.AI Powered Market Research Secure Financial Investments: Double Your Wealth Fast