Market makers – Chateau Langeais http://chateaulangeais.com/ Sat, 17 Sep 2022 07:59:32 +0000 en-US hourly 1 https://wordpress.org/?v=5.9.3 https://chateaulangeais.com/wp-content/uploads/2021/10/icon-92-120x120.png Market makers – Chateau Langeais http://chateaulangeais.com/ 32 32 Motilal Oswal MF to reopen two foreign ETFs for market makers https://chateaulangeais.com/motilal-oswal-mf-to-reopen-two-foreign-etfs-for-market-makers/ Fri, 16 Sep 2022 07:50:11 +0000 https://chateaulangeais.com/motilal-oswal-mf-to-reopen-two-foreign-etfs-for-market-makers/ NEW DELHI: Asset management company Motilal Oswal Mutual Fund is set to reopen two international programs, Motilal Oswal Nasdaq Q50 ETF and Motilal Oswal Nasdaq 100 ETF, from Monday for subscription or creation of units. Admittedly, the two exchange-traded funds (ETFs) would only be open to authorized participants or market makers from September 19 until […]]]>

NEW DELHI: Asset management company Motilal Oswal Mutual Fund is set to reopen two international programs, Motilal Oswal Nasdaq Q50 ETF and Motilal Oswal Nasdaq 100 ETF, from Monday for subscription or creation of units.

Admittedly, the two exchange-traded funds (ETFs) would only be open to authorized participants or market makers from September 19 until further notice.

Liquidity in ETFs is created by market makers called authorized participants, who are pre-appointed by AMCs to enhance the liquidity of ETFs.

In February, the Securities and Exchange Board of India (Sebi) advised mutual funds investing in foreign securities to stop new investments in foreign stocks to avoid exceeding overseas limits in India. industry scale.

The regulator specified an aggregate limit of $7 billion for mutual funds to invest in foreign securities and funds and a separate limit of $1 billion for investing in foreign ETFs.

The Association of Mutual Funds in India (Amfi) had notified in June that mutual funds could resume subscriptions and make investments in foreign funds/securities up to the available margin without breaching the investment limits. abroad on February 1, 2022.

“Now, as we have margin available with us, we are reopening direct creation in Motilal Oswal Nasdaq Q50 ETF and Motilal Oswal Nasdaq 100 ETF only for authorized participants/market makers,” Motilal Oswal Mutual Fund said in a notice.

“We will monitor the regulatory limits and once the limited margin is reached, we will have to restrict the subscription again,” he added.

Investors should note that the fund house maintains the subscription, purchase or SIP restriction for Motilal Oswal S&P 500 Index Fund, Motilal Oswal Nasdaq 100 ETF Fund of Fund and Motilal Oswal MSCI EAFE Top 100 Select Index Fund.

The fund house also stressed that it is constantly engaging with the regulator to tighten limits on overseas investment by mutual funds.

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An introduction to market makers and their importance https://chateaulangeais.com/an-introduction-to-market-makers-and-their-importance/ Fri, 09 Sep 2022 07:00:00 +0000 https://chateaulangeais.com/an-introduction-to-market-makers-and-their-importance/ Market markers are important for traders, crypto project founders, and exchanges in the crypto space. Market makers help provide liquidity for exchanges, which makes it easier to trade different tokens without having a massive impact on the price. They do this by submitting limit orders (at “bid” and “ask” prices), facilitating transparent and orderly transactions […]]]>

Market markers are important for traders, crypto project founders, and exchanges in the crypto space. Market makers help provide liquidity for exchanges, which makes it easier to trade different tokens without having a massive impact on the price. They do this by submitting limit orders (at “bid” and “ask” prices), facilitating transparent and orderly transactions between market participants. In the absence of market making, there may not be enough trades and less investment activity.

Gabriel Mangalindan

In technology, AI, startups and blockchain

Market markers are important for traders, crypto project founders, and exchanges in the crypto space. Market makers help provide liquidity for exchanges, which makes it easier to trade different tokens without having a massive impact on the price. In this article, we will explore market markers and their importance in crypto.

What are market makers?

Market makers, also known as liquidity providers, ensure that exchanges operate efficiently by providing liquidity and helping to control the price of traded assets. They do this by submitting limit orders (at “bid” and “ask” prices), facilitating transparent and orderly transactions between market participants. In addition, market makers help improve overall market efficiency by quoting prices across different trading venues and eliminating intermarket dislocations through arbitrage.

How Market Makers Work

To keep financial markets fluid, many market makers provide liquidity to exchanges and financial protocols in the blockchain space. For example, each market maker will post buy and sell quotes for a predetermined minimum amount of tokens. Additionally, the market maker will quickly liquidate their position in tokens from their inventory after a buyer gives them an order.

For this reason, they can complete the order. In a nutshell, market making improves the fluidity of financial markets by simplifying the buying and selling process for investors and traders. In the absence of market making, there may not be enough trades and less investment activity.

For example, DWF Labs is a web3 venture capital firm and market maker that provides liquidity for crypto projects. The organization currently works with over 800 trading pairs per day on 40 different exchanges. Crypto projects can get liquidity without paying onboarding fees, monthly fees, trading fees, cross market making fees, or additional fees. Some of the main benefits of using a market maker are easier access to popular exchanges and protection against pump and dump schemes.

Low liquidity makes it easier for malicious actors to manipulate the price of a cryptocurrency, as it won’t take a lot of capital to move the price. Market makers like DWF mitigate this by providing a high level of liquidity, allowing users to trade the token while making it very difficult for malicious actors to manipulate the price.

Crypto Market Marking

The ability of the general public to engage in market making in traditional financial markets is hampered by a high barrier to entry. On the other hand, these hurdles are removed in the blockchain industry, so the general public can participate more easily. To be more specific, independent traders have the same access as institutional traders to the protocols used by digital asset exchanges. This gives them the ability to submit quotes and execute transactions programmatically. There are also some digital asset markets that provide users with completely free access to market data sources.

Takers, also known as traders who fill market price quotes, are often responsible for paying higher fees on exchanges. On the other hand, maker fees are usually low or even non-existent in most cases (traders who provide price quotes).

Thanks to market makers, exchanges have several advantages. Above all, market makers facilitate trading, reduce transaction costs, and allow buyers and sellers easy access to the asset at a fair price. This means that market makers strive for narrow bid/ask spreads, as this indicates a strong order book. Stable token prices and low levels of volatility are the result of strong order books.

Due to the high volatility in the cryptocurrency market, traders risk losing money due to slippage when placing orders on a DEX. Additionally, a lack of liquidity can make a market more vulnerable to a flash crash, which occurs when a huge sell order cancels out the best buy offers in the order book, precipitating a sharp drop in price.

Cryptocurrency tokens need easy access to a regulated trading market. Token issuers who want to get the public to use their native token may lose support if their token is highly volatile and illiquid.

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Market makers back ex-Goldman Banker’s Crypto startup focusing on improving DeFi – 24/7 Wall St. https://chateaulangeais.com/market-makers-back-ex-goldman-bankers-crypto-startup-focusing-on-improving-defi-24-7-wall-st/ Thu, 01 Sep 2022 01:12:38 +0000 https://chateaulangeais.com/market-makers-back-ex-goldman-bankers-crypto-startup-focusing-on-improving-defi-24-7-wall-st/ A new crypto startup led by former Goldman Sachs and Robinhood veterans has raised $5 million in a seed funding round backed by key market decision makers, according to Bloomberg. The startup plans to use the funding to facilitate the development of its blockchain and accelerate DeFi transactions. Sei Labs claims it can reduce DeFi […]]]>

A new crypto startup led by former Goldman Sachs and Robinhood veterans has raised $5 million in a seed funding round backed by key market decision makers, according to Bloomberg. The startup plans to use the funding to facilitate the development of its blockchain and accelerate DeFi transactions.

Sei Labs claims it can reduce DeFi transaction times to 600ms

Sei Labs, a crypto startup founded by former Goldman banker Jeff Feng, pocketed $5 million in a seed company funding round led by Multicoin Capital. The fundraising was backed by top market makers Flow Traders and Hudson River Trading, joining other bigwigs such as Coinbase Ventures, GSR, Tangent, and Delphi Digital, among others.

The startup intends to use the new capital to further develop its blockchain technology which aims to accelerate decentralized finance (DeFi) transactions. To achieve this, Sei Labs will launch a protocol including an integrated order book that allows DeFi firms and institutional market makers to manage transactions at faster speeds.

Fast growing DeFi apps, primarily powered by Ethereum or Solana, frequently face network congestion issues that prevent market makers from being able to consistently place orders. Sei Labs is looking to solve this problem with its own technology, which is expected to launch later this year.

Sei Labs’ infrastructure is based on code from the Cosmos blockchain, which the startup claims will reduce transaction times to 600 milliseconds. This compares to 12-14 seconds it takes to make a transaction on Ethereum, the largest protocol in the world to develop DeFi applications.

Dan Edlebeck, ecosystem manager at Sei Labs, said current DeFi transaction speeds are “a deal breaker.” Since the startup’s infrastructure was built primarily for trade facilitation, its co-founder Feng hopes the protocol will overtake Solana in the future.

“Because we’ve built the whole chain around a backlog, all the things that Solana could but won’t do because it has a ton of other games and other use cases, we’re able to do.”

– Jeff Feng, co-founder of Sei Labs

A difficult year for DeFi

Sei Labs’ funding round comes amid a critical period for the DeFi space, which has faced serious challenges over the past year, primarily due to an increase in cyberattacks. A recent research report showed that attacks against DeFi protocols climbed 1330% in 2021.

Last month Solana-based protocol Nirvana Finance suffered a flash loan attack which resulted in a nearly $3.5 million feat. The attack led to a massive crash of Nirvana’s native ANA token and NIRV stablecoin, similar to that seen in TerraUSD and LUNA earlier this year.

Multicoin Capital, the funding leader of Sei Labs, is also a major investor in Solana. Other crypto projects in its portfolio include Aaave, Binance Coin, The Graph, Helium, and more.

This article originally appeared on The Tokist

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Ex-Goldman Banker’s Crypto Startup Backed by Major Market Makers https://chateaulangeais.com/ex-goldman-bankers-crypto-startup-backed-by-major-market-makers/ Wed, 31 Aug 2022 04:19:53 +0000 https://chateaulangeais.com/ex-goldman-bankers-crypto-startup-backed-by-major-market-makers/ (Bloomberg) — Market makers Flow Traders and Hudson River Trading have backed Sei Labs, a crypto startup founded by veterans of Goldman Sachs and Robinhood Markets Inc. that is developing a blockchain aimed at accelerating decentralized financial transactions. The investments are part of a $5 million seed round led by Multicoin Capital, with participation from […]]]>

(Bloomberg) — Market makers Flow Traders and Hudson River Trading have backed Sei Labs, a crypto startup founded by veterans of Goldman Sachs and Robinhood Markets Inc. that is developing a blockchain aimed at accelerating decentralized financial transactions.

The investments are part of a $5 million seed round led by Multicoin Capital, with participation from Coinbase Ventures and GSR, the founders of New York-based Sei Labs said Wednesday. The backers, which also include Delphi Digital and Tangent, will receive a mix of shares and future tokens from the platform.

DeFi applications — through which users trade, borrow, and lend crypto without a central intermediary — are typically built using popular blockchains such as Ethereum and Solana. These chains are often congested as the networks become busier, preventing market makers from being able to place orders consistently. Sei Labs’ protocol, which will launch later this year, will feature an integrated order book allowing DeFi projects and institutional market makers to process transactions and access liquidity faster.

The funding comes as the cryptosphere prepares for a major overhaul next month, when the Ethereum blockchain is about to begin a major upgrade process that could create myriad disruptions to its network. Crypto prices have been volatile in recent weeks before the change, while institutions have remained largely on the outside of the fray.

Listen: Anticipating the upcoming Ethereum merger

The cash injection will be used to fund the network’s growth, Sei Labs co-founder Jeff Feng said in an interview. Feng spent three years at Goldman as a technology investment banker before moving into venture capital investing for Coatue Management. Sei was also co-founded by Jay Jog, a former Robinhood software engineer, with most of the startup’s engineering talent coming from Robinhood’s compensation team.

Built using code from the Cosmos blockchain, Sei’s infrastructure will be able to complete transactions in as little as 600 milliseconds, it said in a statement. In comparison, it takes on average between 12 and 14 seconds to complete a transaction on Ethereum, a preferred protocol for building DeFi applications.

Current order execution speeds on blockchain networks are “a deal breaker” for institutional market makers looking to gain access to the space, company ecosystem manager Dan Edlebeck said in a statement. interview.

As Sei was developed specifically to facilitate trade, its creators hope the network will overtake Solana as one of the preferred protocols for building DeFi applications. Solana was also originally designed for commercial use, Feng said, but later expanded into games and collectibles.

“Because we’ve built the whole chain around a backlog, all the things that Solana could but won’t do because it has a ton of other games and other use cases, we’re able to do so,” Feng said.

©2022 Bloomberg LP

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Global Markets and Technology – Launch of the IFLR Africa Market Makers Special Focus https://chateaulangeais.com/global-markets-and-technology-launch-of-the-iflr-africa-market-makers-special-focus/ Wed, 03 Aug 2022 13:38:24 +0000 https://chateaulangeais.com/global-markets-and-technology-launch-of-the-iflr-africa-market-makers-special-focus/ Click here to read all chapters of IFLR’s Africa Market Makers Special Focus. First, CQ Legal discusses the state of Ghana’s economy in the wake of Covid-19 and opportunities for future development. The firm’s authors expect to see increased development in the fintech sector in Ghana as the Payment Systems and Services Act 2019 comes […]]]>

Click here to read all chapters of IFLR’s Africa Market Makers Special Focus.

First, CQ Legal discusses the state of Ghana’s economy in the wake of Covid-19 and opportunities for future development. The firm’s authors expect to see increased development in the fintech sector in Ghana as the Payment Systems and Services Act 2019 comes to full fruition.

Matouk Bassiouny in association with SH-Avocats shares how the reforms of the finance law passed at the end of 2019 help to encourage foreign investment in Algeria. The authors explore how the Algerian government is preparing to diversify its economy and consider the application of the 49/51 rule.

Meanwhile, IFLR correspondents from Matouk Bassiouny in Egypt offer readers a checklist of things to consider when conducting M&A deals involving data-intensive target companies.

In association with the law firm AIH, Matouk Bassiouny in Sudan discusses the law on public-private partnership, published in April 2021 and intended to establish a more flexible and efficient legal framework. The law will have a significant effect on multinationals entering into contractual partnerships.

Also in this special feature, our authors from Matouk Bassiouny in the United Arab Emirates examine the details and implications of Dubai’s digital services legislation, introduced in March 2022. The United Arab Emirates has been ranked among the best countries in the world for digital transformation in the World Bank’s 2021 GovTech Maturity Index. .

Click here to read all chapters of IFLR’s Africa Market Makers Special Focus.

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Bottom is near as data shows market makers and institutions have resumed accumulation: CryptoQuant ⋆ ZyCrypto https://chateaulangeais.com/bottom-is-near-as-data-shows-market-makers-and-institutions-have-resumed-accumulation-cryptoquant-%e2%8b%86-zycrypto/ Fri, 29 Jul 2022 07:00:00 +0000 https://chateaulangeais.com/bottom-is-near-as-data-shows-market-makers-and-institutions-have-resumed-accumulation-cryptoquant-%e2%8b%86-zycrypto/ Advertising &nbsp&nbsp In a blog post on Wednesday, CryptoQuant analyst Dan Lim writes that market makers and institutions have started accumulating Bitcoin again at levels similar to May 2021, indicating that the end of the current bear market is near. “After the peak in May 2021, the accumulation for a new cycle has started, and […]]]>

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In a blog post on Wednesday, CryptoQuant analyst Dan Lim writes that market makers and institutions have started accumulating Bitcoin again at levels similar to May 2021, indicating that the end of the current bear market is near.

“After the peak in May 2021, the accumulation for a new cycle has started, and now the proportion of medium and long-term volumes has increased to 68%, and the accumulation continues,” writes Lim. “Between 60% and 80% of this ratio, the bottom of the long-term cycle still appeared.”

According to the analysis, Lim expects the last bear market to end in the fourth quarter of 2022. However, Lim warns that the market may need to revisit the lows of the last crypto rally before sellers reach the bottom. exhaustion. “If the current short-term rebound ends within 1-2 months and crosses the previous low with a substantial decline, it is highly likely to be close to the bottom in terms of time and accumulated proportion,” writes Lim.

It should be noted that the question of when the crypto markets would form a bottom in the latest bear market has dominated the minds of crypto enthusiasts for the past few months. Several crypto firms crumbled under the pressure as cryptocurrencies fell more than 70% from their highs in November last year.

Meanwhile, in a tweet, CryptoQuant CEO Ki Young Ju said he expects the next bull run to start at the price of $30,000. “Imagine the price of Bitcoin reaching $30,000. That doesn’t seem strange to me since most people who joined the last bull run are still underwater at that price. $30,000 sounds like a starting point for the next bull run,” Ki tweeted.

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In particular, Ki Noted last Thursday that he was expecting a short major squeeze to start the next bull run. “To be clear, I didn’t say the parabolic bull run is about to begin. I’m just saying it looks close to bottom, and it’s time to wait for that short squeeze event to happen. It could take a few months or a few years for the next parabolic bull run; you never know,” Ki said.

Meanwhile, CryptoQuant isn’t the only company that believes the market bottom is months away. The latest report from Grayscale Insights reveals that it takes on average about a year for the Bitcoin price to bottom out every cycle. According to the report, the market will likely form a base in the next 5-6 months.

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Here’s what market makers have in store for the MATIC price https://chateaulangeais.com/heres-what-market-makers-have-in-store-for-the-matic-price/ Fri, 08 Jul 2022 07:00:00 +0000 https://chateaulangeais.com/heres-what-market-makers-have-in-store-for-the-matic-price/ MATIC price established another equal high at $0.595 on its way to collect liquidity above an existing equal high at $0.626. This development could suggest momentum is waning, but it remains to be seen what market makers might do next. A four-hour candlestick close below $0.477 will invalidate the bullish thesis. MATIC price has shown […]]]>
  • MATIC price established another equal high at $0.595 on its way to collect liquidity above an existing equal high at $0.626.
  • This development could suggest momentum is waning, but it remains to be seen what market makers might do next.
  • A four-hour candlestick close below $0.477 will invalidate the bullish thesis.

MATIC price has shown an incredible recovery over the past three weeks. The rebound from the recent pullback suggests that the bullish momentum is back. However, things could go awry with potential cash sweeps followed by a reversal.

Price MATIC and testing its limits

MATIC price fell 33% after its 100% rally that was triggered on June 18. This pullback appeared after the altcoin hit three equal highs at around $0.626. The correction stabilized around the $0.477 support level as Polygon bulls moved above.

So far, market makers or smart money have driven the price of MATIC up 43% in hopes of collecting the buy stop liquidity from above $0.626. However, this surge appears to be facing temporary resistance at $0.595, leading to another equal high.

While market makers have much more incentive to push the MATIC price higher, a reversal after the liquidity gathering could be in place. Additionally, the equal highs formed around $0.595 can be seen as a double top formation that signals the end of an uptrend.

Either way, the rise in the MATIC price is capped around the $0.626 level. Only a four-hour candlestick close that turns this hurdle into a support level will allow the altcoin to retest the long-term resistance barrier at $0.686.

MATIC/USDT 4 hour chart

On the other hand, if the MATIC price produces a four-hour candle near the $0.477 support level, it will turn it into a resistance barrier and invalidate the bullish thesis.

In such a case, the MATIC price might drop 20% to revisit the weekly support level at $0.381.

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GME and AMC: lawmakers concerned about the role of market makers https://chateaulangeais.com/gme-and-amc-lawmakers-concerned-about-the-role-of-market-makers/ Wed, 29 Jun 2022 10:30:37 +0000 https://chateaulangeais.com/gme-and-amc-lawmakers-concerned-about-the-role-of-market-makers/ The U.S. House Committee on Financial Services released a full and detailed report of a year-long investigation into what it dubbed the January 2021 Meme Stock Market Event (MSME). are said to be concerned about the role of market makers in trading stocks such as GameStop (EMG) – Get the GameStop Corporation report, AMC Entertainment […]]]>

The U.S. House Committee on Financial Services released a full and detailed report of a year-long investigation into what it dubbed the January 2021 Meme Stock Market Event (MSME). are said to be concerned about the role of market makers in trading stocks such as GameStop (EMG) – Get the GameStop Corporation report, AMC Entertainment (CMA) – Get the AMC Entertainment Holdings Inc. Class A Report.and other meme games.

Figure 1: GME and AMC: lawmakers concerned about the role of market makers

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Korea’s FSC advisory board finds $37m fine imposed on market makers too high https://chateaulangeais.com/koreas-fsc-advisory-board-finds-37m-fine-imposed-on-market-makers-too-high/ Wed, 22 Jun 2022 04:46:31 +0000 https://chateaulangeais.com/koreas-fsc-advisory-board-finds-37m-fine-imposed-on-market-makers-too-high/ [Source: The Financial Services Commission] A Financial Services Commission (FSC) review panel responsible for financial policy in South Korea has found the imposition of fines on nine local brokerages for allegedly unfair market-making activities to be excessive. The FSC’s Securities and Futures Committee received the final opinion of its capital markets advisory body on Monday […]]]>

[Source: The Financial Services Commission]

A Financial Services Commission (FSC) review panel responsible for financial policy in South Korea has found the imposition of fines on nine local brokerages for allegedly unfair market-making activities to be excessive.

The FSC’s Securities and Futures Committee received the final opinion of its capital markets advisory body on Monday after considering the independent financial watchdog’s recommendation to impose a combined fine of $48 billion. won ($37 million) to nine designated market makers.

The advisory body, made up of officials from financial authorities and capital market experts, reportedly found the proposed sanction too heavy.

The securities committee of the chief financial policy officer will decide on the amount of the sanction after taking into account the opinion of the advisory body.

The advisory body had considered the case for almost a month and a half, during which time the financial watchdog had failed to present solid evidence that could rationalize sanctions and possibly lead to a halt in the activities of the company. market making.

Nine securities firms acting as market makers in Korea have been charged with market abuse. As market makers, they are allowed to actively make calls to buy and sell stocks to facilitate a smoother flow of cash in the financial market.

Last September, the financial watchdog accused the nine market makers of manipulating share prices with frequent buy and cancel orders, as well as repeatedly adjusting price quotes. Such activities are considered illegal.

Currently, 14 stocks act as market maker for 332 stocks on the Kospi market and 341 stocks on the Kosdaq market.

By Park Yoon-ye, Kim Myung-hwan and Cho Jeehyun

[ⓒ Pulse by Maeil Business News Korea & mk.co.kr, All rights reserved]

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Market makers launched bots to sell BTC on Coinbase https://chateaulangeais.com/market-makers-launched-bots-to-sell-btc-on-coinbase/ Sun, 19 Jun 2022 09:00:00 +0000 https://chateaulangeais.com/market-makers-launched-bots-to-sell-btc-on-coinbase/ © Reuters. Market makers launched bots to sell BTC on Coinbase Data from CryptoQuant shows that market makers (MM) launched trading bots to sell (BTC) on Coinbase (NASDAQ:). According to CoinMarketCap, the price of BTC has fallen 11.13% in the past 24 hours. BTC’s price movement has caused prices for popular altcoins to decline over […]]]>

© Reuters. Market makers launched bots to sell BTC on Coinbase

  • Data from CryptoQuant shows that market makers (MM) launched trading bots to sell (BTC) on Coinbase (NASDAQ:).
  • According to CoinMarketCap, the price of BTC has fallen 11.13% in the past 24 hours.
  • BTC’s price movement has caused prices for popular altcoins to decline over the past 24 hours.

According to data from CryptoQuant, market makers (MMs) have launched trading bots to sell Bitcoin (BTC) on Coinbase in the past 45 days. The continued sell-off of BTC has seen its price drop even lower in the past 24 hours according to crypto market tracker CoinMarketCap.

Market makers sell BTC with bots on Coinbase Source: CryptoQuant

According to CoinMarketCap, the price of BTC has fallen 11.13% in the past 24 hours. This also adds to its decline of more than 30% over the past 7 days. The market leader’s market capitalization currently stands at around $344.91 billion, and at the time of writing, the price of BTC has fallen below $20,000 to $18,127.80.

This is the first time since 2020 that the price of BTC has broken below the $20,000 level, which is a level that was set as an all-time high in 2017.

Looking at other stats for the largest crypto by market capitalization, its 24-hour trading volume increased by 78.01% to bring the total to $44,605,716,357.

The drop in BTC prices is causing prices to drop across the rest of the crypto market, as the major altcoins have all also seen price declines in the past 24 hours. Ethereum (ETH) price fell 11.58%, (BNB) is down 9.54%; (ADA) is also down 8.82% and 5.29%.

(DOGE) and (SOL) are also down during this time. However, SOL is only down 1.68%.

Disclaimer: The views and opinions expressed in this article are solely those of the author and do not necessarily reflect the views of CoinQuora. Nothing in this article should be construed as investment advice. CoinQuora encourages all users to do their own research before investing in cryptocurrencies.

Continue reading on CoinQuora

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