Bitcoin Slumbers as ETF Hopes Simmer; PEPE Leads Altcoin Gains
Meme coin and low-caps remain favorite plays among traders as bitcoin investors look to a swift ETF judgment.
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Meme coin and low-caps remain favorite plays among traders as bitcoin investors look to a swift ETF judgment.
The latest price moves in bitcoin (BTC) and crypto markets in context for August 2, 2023. First Mover is CoinDesk’s daily newsletter that contextualizes the latest actions in the crypto markets.
An inverse head-and-shoulders pattern, one of the most trusted indicators known to presage major price rallies, is building in the altcoin market.
The tokens were up as much as 5% in the past 24 hours, bucking a market-wide trend.
The index has a solid track record of shifts in the bitcoin market trend.
As the price of SAND slid 4% in August, the Sandbox Genesis smart contract had already emitted 60 million SAND tokens prior to the upcoming token unlocked scheduled for Aug. 14.
The top 22 depositors to Base as of July 31 have allocations in a telegram trading bot token, several meme tokens and an on-chain casino token.
APT has decreased by over 3.2% in the past 24 hours performing worse than bitcoin (BTC) and ether (ETH), per CoinDesk market data.
The latest price moves in bitcoin (BTC) and crypto markets in context for August 2, 2023. First Mover is CoinDesk’s daily newsletter that contextualizes the latest actions in the crypto markets.
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