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Is US Politics IMPACTING Crypto Again? (TWIC June 28th)
Aviso legal: Se incluyen opiniones de terceros. Esto no respresenta una asesoría financiera. Puede haber contenido patrocinado.
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🐂🤞 Traders mainly have a bullish outlook toward top caps as the calendar has turned to August. Expect the FOMO to die down a bit before BTC, ETH, XRP, and SOL go on major runs. BNB is one of the few large caps seeing less bullish narratives than average at the moment.
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📊 July's crypto markets were capped off with an aggressive slide that has shifted many FOMO buyers into panic sellers. Political news sparked a mini bull run, then whales decided to come in like a wrecking ball. Enjoy our monthly recap here as we turn our views ahead to a potential August rebound. 👇 https://t.co/R8ZULKSm9R To enjoy this monthly report and view all of Santiment's exclusive pro reports and real-time metrics, consider a free 2-week trial to see what others in crypto can't. If you aren't already part of our growing community of happy members, try it out risk-free here! 👇
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📊 XRP Ledger, among one of the best performers in July, has been powered by high on-chain activity. Major whale transaction levels and network growth helped propel the coin's +35% month, and social dominance is now sky-high as the asset has mildly retraced.
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🧑💻 Here are crypto's top ERC-20 coins by notable development activity in the past 30 days. Directional indicators represent each project's ranking rise or fall since last month: 1) @chainlink $LINK 🥇 2) @ethstatus $SNT 🥈 3) @ethereum $ETH 🥉 4) #susd $SUSD 5) @synthetix_io $SNX 6) @safe $SAFE 7) @dYdX $DYDX 8) @decentraland $MANA 9) @realmasknetwork $MASK 10) @ninechronicles $WNCG With this watchlist, filter for the top rising projects in the ERC-20 space to optimize your portfolio according to your strategies: https://t.co/2KHA4IaMVt Read our latest explanation of our methodology for pulling github activity data from project repositories, and why it is so useful for crypto trading: https://t.co/hPpga2LHWZ Grab a free 2-week trial to Sanbase PRO and see what others in crypto can't here:
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🇺🇸😐 The FOMC decided to hold US interest rates steady today, resulting in an initial drop to crypto prices. Traders had some hope that Jerome Powell may opt to cut rates this time, which would have been the first time this happened since March 15, 2020. If and when a rate cut finally occurs, this would be a bullish signal for crypto traders and would theoretically lead to a higher potential for both stocks and crypto to thrive for the rest of 2024. As for how we can expect things to proceed now, after a bit of the emotional selloffs calm down, expect for markets to flatten out barring another large event that could shake crypto. Aggressive whale accumulation and increased crowd negativity would be the ideal recipe for a big market-wide bounce. 📈
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