Disclaimer: The findings of the following analysis are the sole opinions of the writer and should not be considered investment advice.
USDT Dominance, a measure of the crypto market cap possessed bThe post This area can be used to buy Monero [XMR] with a longer-term time horizon appeared first on AMBCrypto.
In November of 2021, the crypto market cap reached a peak of 2.8 trillion USD, putting it on par with Apple’s market cap and bigger than Microsoft’s, sending a clear message to the world; Crypto is here to stay.
A study undertaken by two assistant professors at American University in Cairo (AUC) has suggested that an increase of 10% in the crypto market cap causes the market value of “African micro-entities” to drop by 0.76%.
Despite only one coin among the top 80 declining over the past week, Tether and futures premiums show a lack of excitement in the market.
Cryptocurrencies failed to break the 42-day long downtrend after the $1.95-trillion capitalization resistance was rejected on March 20.