📢 Cryptocurrency Market Overview 📢
12 July
Market Metrics:
🔻Market Cap: $2.11 trillion (-1.41%)
🔻BTC Dominance: 53.44% (-0.08%)
🔺Fear and Greed Index: 40 (fear)
Key Events:
Compound (COMP): Jayson Hobby launched a new DeFi protocol, Legendı.
US Producer Price Index (PPI):
Disclosed: 0.2%
Expectation: 0.1%
Previous: -0.2%
🟢Stock Market Opening:
S&P 500: +0.22%
Nasdaq: +0.16%
Dow Jones: +0.10%
------Additional Insight------
🔴 Ethereum Activity: Increased network activity and higher gas fees.
🔴Regulatory Developments: Stricter global regulations on crypto trading and DeFi.
🔴Emerging Trends: Growth in NFTs, especially in gaming and digital art.
