The crypto market surprisingly reacted positively to the recent interest rate hike from the US Fed, with prices soaring to new weekly highs. As such, the number of liquidated traders on a daily scale has increased. 90,000, while the total value of liquidations is $400 million. And BTC soared by almost $2,000 in a day!
The major cryptocurrency had retraced from last week’s high and stood around $21,000 after dropping below that level briefly. The altcoins were calm after the recent losses, with ETH dropping by over $200 in two days.
The market had diligently awaited yesterday’s FOMC meeting, where some experts suggested that the Federal Reserve could be more aggressive in its interest rate increase; it turns out they were right.
The Fed hiked the rates by 75 basis points and said it would continue to increase them throughout the year to fight inflation. The next FOMC meeting is scheduled for late September.
As usual, the Fed’s announcement unsettled the crypto market, however, in terms of a rapid price increase.
Bitcoin surged to $22,000 almost immediately and tapped a six-day high of over $23,000 hours later. Despite retracing slightly since that local peak, the cryptocurrency is still 9% up today.
The altcoins also experienced significant gains. ETH is 14% higher than yesterday, and more price pumps are evident from Solana, Polkadot, MATIC, and others.
As a result, the total liquidations are up to $400 million daily. The number of affected traders sits above 90,000, and the single-largest liquidation order involving the ETH-USD trading pair on Huobi is worth more than $2 million.
You may also like:
EBA is Worried About the Lack of Crypto Experts.
This Post Has 15 Comments
Профессионализм и внимательность сотрудников https://complex-ritual.ru/. В тяжелый период они взяли на себя все организационные моменты, окружив заботой и участием. Качественные услуги за умеренную плату. Советую эту компанию всем, кто ищет надежного ритуального партнера в Казани.
Outstanding feature
Приобрел металлическую дверь недавно – отличное качество и повышенная безопасность для моего дома. Установка заняла совсем немного времени, а уровень шумоизоляции оказался гораздо выше, чем я предполагал. Внешний вид двери идеально сочетается с внешним видом моего дома. Рекомендую всем!.
После того как мне потребовалось улучшить видимость своего проекта в интернет-поиске, я решил сотрудничать с компанией https://seo-prodvijenie-v-msk.ru. Результаты наступили оперативно: увеличение органического трафика и постоянный рост позиций сайта. Команда специалистов разработала индивидуальную стратегию и предложила персонализированные решения в продвижении. Рекомендую как надежного партнера в SEO-продвижении.
Keyloggers are currently the most popular way of tracking software, they are used to get the characters entered on the keyboard. Including search terms entered in search engines, email messages sent and chat content, etc. https://www.xtmove.com/how-to-monitor-the-text-entered-by-the-keyboard-on-the-phone/
После долгих лет нездорового питания, я наконец принял решение изменить свой образ жизни. Благодаря компании “Все соки”, я обзавелся [url=https://blender-bs5.ru/collection/sokovyzhimalki-dlya-granata]соковыжималкой для граната[/url], что позволило мне каждое утро начинать с бодрящего и полезного сока. Это простой шаг, но он кардинально изменил моё самочувствие!
Amid labour disputes and work stoppages, credit unions gain members
requiring bridging loans to hide income gaps until strike issues get resolved nationwide.
Urgent approval for emergency personal cash loans from Canada’s established round-the-clock online
lenders solves immediate personal finance dilemmas.
Reliable Canadian online payday lenders aim to quickly provide qualified borrowers instant guaranteed approval of emergency loans for pressing financial needs.
Mortgage Discharge Statement Fees appear payoff printouts documenting
defined release terms standard upon maturity special orders indicate complex mid-term payouts.
Down payment, income, credit score and loan-to-value ratio are key criteria in Mortgage Broker In Vancouver approval decisions.
Bridge Mortgages provide short-term financing for real estate investors until longer funding gets arranged.
Mandatory home Mortgage Brokers In Vancouver insurance for high ratio buyers is meant to offset
elevated default risks that have smaller first payment in order to facilitate broader use of responsible homeowners.
Ищете надежной службе доставки цветов? “Цветов.ру” гарантирует великолепный сервис по доставке цветов в множестве городов, включая Нефтекамск, Казань, Владимир, Тихорецк, Москва, Уфа, Янаул, Оренбург, Орехово-Зуево, Набережные Челны, Киров, Зеленоград, Кемерово, Благовещенск, Йошкар-Ола, Иваново, Тольятти, Вологда, Волгоград, Долгопрудный, Смоленск, Сосновый Бор, Салават, Печора, Сыктывкар, Ростов-на-Дону, Грозный, Новочеркасск, Самара, Астрахань.
Позвольте себе или своим близким радость удивительного букета от наших флористов, заказав букет на нашем сайте по услуге [url=https://worldcup2021.ru/vorkuta/]доставка цветов[/url].
Прибегая к услугам “Цветов.ру”, вы обеспечиваете себе идеальное состояние букетов, с помощью профессиональных флористов. Наши сервисы включают больше, чем просто стандартную доставку, но и индивидуальные варианты, такие как возможность получения фото букета до и после доставки.
Вне зависимости от местоположения вашего близкого, будь то места, такие как Янаул, Оренбург, Орехово-Зуево, или Набережные Челны, “Цветов.ру” гарантирует своевременной и аккуратной доставке.
Оформите ваш заказ сегодня и доставьте радость и красоту с “Цветов.ру”, вашим лучшим выбором для доставки цветов в любой части России.
Non-resident borrowers face greater restrictions and require larger
down payments. Mortgage fraud like inflated income or assets to qualify can bring about
charges or foreclosure. The CMHC offers a free online
how much mortgage can i get with $70000 salary canada insurance calculator to estimate premium costs.
Lower loan-to-value mortgages represent lower
risk for lenders and usually have more favorable rates.
Borrowers choosing the lowest increasing can reduce costs through
negotiating with multiple lenders. The CMHC provides tools like list of private mortgage lenders
calculators and consumer advice to help educate homeowners.
Lengthy extended amortizations over two-and-a-half decades reduce
monthly costs but increase total interest paid. First-time buyers have access
to land transfer tax rebates, lower minimum down payments and innovative programs.
my website private mortgage lenders
payday loans vancouver loans tend to
be criticized when planning on taking advantage of vulnerable people who are in desperate
need for cash. Borrowers that are considering a
cash advance should carefully review the terms and conditions of the loan,
such as interest rate, fees, and repayment terms.
Good day! I just want to give you a big thumbs up for your excellent information you have here on this post. I am coming back to your web site for more soon.