The Market Dips and Fetch.ai Releases a Tool for DeFi Users
Apr 19, 2023
Market Update Crypto markets declined sharply late last night before finding some footing this morning. At the time of writing, $BTC is down 3.11%, and $ETH is down 4.93%. It's thought that this sell-off was triggered by a spot sale of 19.9k BTC (~$600M) on Binance over a span of 45 minutes. This is an unusually large sale to happen in such a short period of time. Altcoins have seen more significant declines than the majors - $SOL is down 5.64%, $LTC is down 6.22%, and $LDO is down 7.60%. The $ETH/BTC ratio, which had been rallying ever since the conclusion of Shapella has corrected a bit tod
Finish reading this report for free
Enter your email and we'll send the paywall-free report directly to your inbox
Articles Read: 2/2
In addition to your unlocked report, you will receive our weekly market newsletter Fundstrat Snapshot, as well as occasional updates and offers from Fundstrat Direct. You can unsubscribe at any time.
Get unlimited access to Tom Lee's Fundstrat research
Subscribe
Already a member?
Log in