The crypto market is drifting lower, with bitcoin BTC$66,182.39 losing 1% since midnight UTC while ether (ETH) is holding up marginally better, shedding 0.65% even as some other risk assets, like U.S. equity index futures, advance.
Futures on the Nasdaq 100 and S&P 500 indexes posted gains of 0.35% and 0.20%, respectively, expanding the divergence between crypto and stocks that has defined much of this year.
Gold is little changed, holding above $4,000, and the Dollar Index (DXY) also barely moved, leaving crypto without a clean macro narrative to lean on.
CoinMarketCap's Fear and Greed index sits at 34, deep in “fear” territory, while the average relative strength index (RSI) across crypto pairs has slipped to 44.07, nudging back toward the oversold conditions that set up July's relief rally.
CEX trading volumes rose for the first time in five months in June, with spot climbing 15.3% to $1.11T and RWA perpetual volumes surging to a record $311B.
CEX trading volumes rose for the first time in five months in June, with spot climbing 15.3% to $1.11T and RWA perpetual volumes surging to a record $311B.
CEX trading volumes rose for the first time in five months in June, with spot climbing 15.3% to $1.11T and RWA perpetual volumes surging to a record $311B.
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