Assalam O Allaikum! #bitcoin Bitcoin is showing bearish signs below the $20,000 support zone against the US Dollar. BTC could accelerate further lower below the $19,500 support zone. Bitcoin started a fresh decline and traded below the $20,000 support. The price is now trading below $20,200 and the 100 hourly simple moving average. There is a major bearish trend line forming with resistance near $20,050 on the hourly chart of the BTC/USD pair. The pair could start a substantial decline if it breaks the $19,500 support zone. #ethereum The Ethereum merge is among the most significant events since its blockchain and the industry emerged. The event will move the blockchain from Proof-of-work (POW) to proof-of-stake (POS). While everyone is waiting for the positive impacts of Merge. The effect of the transition is already resounding in the crypto market. The market saw a major decrease in Ethereum prices in the last 48 hours. Moreover, Crypto market analysis experts fear that there may be a further drop in Ethereum price after the merge. While everyone expects good results, there is yet a possibility that a hard fork may occur. If this happens, it will affect crypto prices negatively. Merge Hype May Be A Buy Rumour, Sell News Scenario Ether has already performed better than BTC in the past weeks, courtesy of the merge hype. However, some experts fear the merge hype might have a �buy the rumor and sell the news outcome. The buy the rumor and sell the news event happens in the capital markets. It is when high expectations of Merge events or economic reports cause a hike in asset prices. The hiked prices fall again after the event passes. Popular Cryptocurrency trader and influencer Lark Davis expressed his thought about the hype. In his tweet, he said the merge is a fundamentally bullish event. Davis outlined the features expected of the coming Ethereum POS. However, he also stated that they wouldn�t bring a significant impact immediately. #cryptocurrency Today's Cryptocurrency Prices by Market Cap The global crypto market cap is $962.31B, a 2.25% decrease over the last day. The total crypto market volume over the last 24 hours is $79.58B, which makes a 2.50% decrease. The total volume in DeFi is currently $5.45B, 6.85% of the total crypto market 24-hour volume. The volume of all stable coins is now $73.34B, which is 92.16% of the total crypto market 24-hour volume. Bitcoin Is Moving Sideways : https://youtu.be/2F9YWIa9qQU CPI Sinks Bitcoin : https://youtu.be/vnfW98DMONs Bitcoin�s dominance is currently 39.35%, an increase of 0.36% over the day.اطلاعات بیشتر