Today is Monday, 15th November, and this is Cointribune’s Crypto analytics. You will learn about everything that’s been going on in the market, as well as what to expect next in our new article! Make sure to have a look at the previous instalment. Off we go!
Bitcoin’s (BTC) wild jumps seem to have no influence over the fear and greed index – the cryptocurrency is on the rise but we can see the index retreating to fear. For one thing, this actually points to a stable market. Periods of such sentiment usually don’t lead to corrections and hopefully this won’t change any time soon.
Hopefully investors won’t become overly greedy in the near future since all signs point to Bitcoin continuing its rally.
The top altcoins are fighting to stay afloat – and some of them are doing a spectacular job at it. We wish to commend Solana (SOL) traders especially since the token has succesfully landed on its feet after the recent dip. SOL’s market cap has grown significantly in the past few weeks. The cryptocurrency will soon clash over the fourth place on the list with Tether (USDT).
Last week, Shiba Inu (SHIB), ‘the Dogecoin killer’, was listed on Gemini, one of the leading exchange platforms in the world. However, SHIB has lost more than 5% of its value over the past 24 hours. It’s risky to invest in the coin long-term but the news might cause it to surge again and reach another ATH.
WAX (WAXP) becomes the gainer of the day. The coin has risen by 30% in the last 24 hours.
Arweave (AR) becomes the loser of the day, shedding nearly 4%.
Don’t neglect risk management and don’t forget about stop losses. When one door opens another door closes so make sure to leave before it’s closed on you.
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The views, thoughts, and opinions expressed in this article belong solely to the author, and should not be taken as investment advice. Do your own research before taking any investment decisions.
|BITCOIN (BTCUSD) ₿||$18,940.25||-5.74%|
|ETHEREUM (ETHUSD) Ξ||$1,017.40||-7.38%|
|IMM. US (REIT)||$2,392.01||-0.23%|
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