Market Analysis | ForkLog

ForkLog 10 18.09.2023

Bitcoin dominance tops 50% as altcoins slump

Bitcoin dominance returned to the 50% mark after declines in August and early September. At the same time, the overall crypto market capitalization and the altcoin sector are slipping.

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ForkLog 11 14.09.2023

CRV price falls below $0.40 amid transfers of tokens to Binance

CRV price fell below $0.40 amid transfers of tokens from founder Michael Egorov to Binance.

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ForkLog 9 12.09.2023

Glassnode: Bitcoin metrics fall to 2020 levels

Volatility, liquidity, trading activity, and the volume of on-chain value transferred by Bitcoin are at historical lows. This increases the likelihood that the market has entered a period of extreme apathy and exhaustion, according to Glassnode.

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ForkLog 10 12.09.2023

Matrixport analysts warn of altcoin crash amid FTX asset sales

By year-end, Ethereum could fall to as low as $1,000, and Solana's downside targets sit at $15 and $10 due to FTX's supply overhang. Matrixport Technologies analysts forecast.

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ForkLog 7 11.09.2023

SEC policy and dollar strength supported outflows from crypto funds

Outflows from cryptocurrency investment products in the period from September 2 to 8 totaled $59 million, compared with $11.2 million a week earlier. CoinShares analysts calculated these figures.

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ForkLog 8 11.09.2023

Kaiko estimates AI-token activity amid Worldcoin hype

In August, the trading volume of AI tokens reached $870 million, up from $570 million a month earlier, according to Kaiko analysts.

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ForkLog 10 06.09.2023

Report: Bitcoin trading volume falls to its lowest since October 2020

Bitfinex: trading volume of Bitcoin on centralized platforms in August was the lowest since October 2020 at $423 billion.

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ForkLog 10 05.09.2023

Analyst flags Bitcoin risk as stochastic oscillator fades

In late August, Bitcoin's price on the monthly chart confirmed a move out of the stochastic oscillator's overbought zone, which could spell disappointment for Bitcoin bulls. Analysts at Fairlead Strategies reached this conclusion, according to CoinDesk.

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ForkLog 7 04.09.2023

Crypto fund outflows slow as volumes rise

Outflows from crypto investment products in the period from August 26 to September 1 fell from $168 million (the highest since March 2023) to $11.2 million. Analysts at CoinShares said.

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ForkLog 10 04.09.2023

FTX-linked wallet activity raises fears of an altcoin dump.

A transfer from the FTX-linked wallet of assets totaling about $10.2 million sparked concerns about a wave of depletion of its holdings in the bankruptcy proceedings.

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ForkLog 8 29.08.2023

Crypto funds log largest outflow in six months

Outflows from their cryptocurrency investment products during the period of August 19–25 were the largest since March 2023 — $168 million.

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ForkLog 10 29.08.2023

Experts assess the reliability of Bitcoin exchanges through on-chain indicators

Based on indicators derived from analysis of the collapse of FTX, Glassnode experts judged some caution warranted regarding Huobi’s status and its standing relative to Coinbase and Binance.

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