Minh Nhi
Minh Nhi
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The cryptocurrency market today is experiencing a noticeable correction. The global market capitalization is currently hovering around the $2.4 trillion mark, down about 1.1% in the past 24 hours. The fear and greed index has retreated to a neutral level as investors begin to take profits after a period of rapid growth. Notably, Bitcoin's (BTC Dominance) market share is rising to 58.5%, indicating that capital is flowing out of higher-risk Altcoins in search of safety in the leading asset.
Key currency movements
• Bitcoin (BTC): Trading in the range of $68,000 - $69,000. After failing to maintain higher levels, BTC is striving to establish a new support zone for accumulation.
• Ethereum (ETH): Showing a slightly less pronounced decline compared to the overall Altcoin market, currently hovering around $2,150. The ETH/BTC exchange rate is indicating a slight weakening of the buying side on this largest smart contract network.
• Market highlights: While most of the market is in the red, some individual projects are still experiencing strong breakthroughs. EdgeX has recorded an impressive growth of over 20%, reflecting the appeal from community campaigns and its own ecosystem. Anonymous coins like Zcash (ZEC) have also seen a slight recovery of about 5%.
#DailyOrbit #OKXOrbitTopics
X's algorithm is the funniest thing on earth.
This creator @Foxynh285 is super lazy, sometimes posts then comments a few things and disappears, but still keeps getting Search Suggestion Ban continuously for spamming comments (grok check says so). Meanwhile, many bot accounts or those using comment tools are fine, it's really frustrating.
At this point, the only option is to pray to the X ancestors so the algorithm doesn't notice, otherwise with this kind of ban, sooner or later it will be over 😭
