Market overview on August 3
đ24-hour price movements:
- BTC price plummeted more than 5k from $65k to $60k due to the impact of bad Non-farm news, escalating war and the impact of Genesis paying more than 4 billion USD to creditors
- Many altcoins have reached a new bottom, the market is again immersed in fear
- Market psychology returns to fear
- More than 252 million USD netflow was withdrawn from exchanges in the past 24 hours
đStrongest increase/decrease:
- $FLOW (-14.0%)
- $WIF (-12.5%)
- $BRETT (-11.5%)
đProminent cash flows on Binance:
The cashew market should not have outstanding cash flows
đWhat news in 24 hours:
- Genesis begins paying out $4 billion in crypto and cash, Bitcoin price continues to fall
- MicroStrategy continued to buy more Bitcoin in July
- Fantom changes its name to Sonic, will issue new tokens
