#bitcoin #Dogecoin #DOGEUpdate #Ethereum $BTC $ETH $DOGE
The crypto asset market is currently correcting itself due to the slowing economy in the United States. However, investors can still take advantage of this momentum to invest in currencies that have the potential to generate profits.
In trading Friday (24/5/2024) afternoon, the most popular cryptocurrency, Bitcoin, weakened 3.3 percent to a price of 67,261.30 United States dollars (US) per coin. The transaction volume was 44.14 billion US dollars with a market capitalization of 1.32 trillion US dollars. As for next week, market analysts predict Bitcoin will open fluctuating, but weaken in the range of 65,439.30 US dollars to 69,838.50 US dollars per coin.
The prices of Altcoins or alternative currencies mostly also decreased on Thursday (May 23rd). For example, Solana (SOL) currency decreased by 2.5 percent, XRP lost 1 percent, SHIB decreased by 0.5 percent, while DOGE increased by 0.3 percent.
"High interest rates for the long term have been a bad sign for the crypto market considering that this sector usually thrives in markets with low interest rates and high liquidity," said Forexindo Berjangka Profit Director Ibrahim Assuaibi in his analysis report, Friday.
Orb, an iris scanner tool used by Tools for Humanity Company to collect biometric data of Worldcoin crypto currency owners, was showcased in Santa Monica, California, the United States, on August 3, 2023.
Orb, an iris scanner tool used by Tools for Humanity Company to collect biometric data of Worldcoin crypto currency owners, was showcased in Santa Monica, California, the United States, on August 3, 2023.
