Cryptocurrency News

Price analysis 4/11: BTC, ETH, BNB, SOL, XRP, ADA, LUNA, AVAX, DOT, DOGE

2022.04.12 01:06

Price analysis 4/11: BTC, ETH, BNB, SOL, XRP, ADA, LUNA, AVAX, DOT, DOGE
Price analysis 4/11: BTC, ETH, BNB, SOL, XRP, ADA, LUNA, AVAX, DOT, DOGE

Bitcoin (BTC) and most major altcoins have broken key support levels to start the week on a weak note. The crypto markets seem to be following the U.S. equity markets, which are being pulled down as investors reduce exposure to risky assets because of rising rates.

Arthur Hayes, ex-CEO of derivatives giant BitMEX, said that with rates moving higher and the Fed tapering its asset purchases, the equity markets could witness a meltdown. If that happens, Hayes expects the crypto markets to continue lower and Bitcoin to drop to $30,000 and Ether (ETH) to $2,500 by June of this year.

AVAX/USDT daily chart. Source: TradingView

Source

Related Articles

Leave a Reply

Back to top button
bitcoin
Bitcoin (BTC) $ 104,079.89 1.87%
ethereum
Ethereum (ETH) $ 3,853.69 2.11%
xrp
XRP (XRP) $ 2.48 3.87%
tether
Tether (USDT) $ 1.00 0.00%
bnb
BNB (BNB) $ 712.36 1.07%
solana
Solana (SOL) $ 217.43 0.03%
dogecoin
Dogecoin (DOGE) $ 0.384549 3.18%
usd-coin
USDC (USDC) $ 0.999913 0.01%
staked-ether
Lido Staked Ether (STETH) $ 3,850.52 2.20%
cardano
Cardano (ADA) $ 1.02 3.90%
tron
TRON (TRX) $ 0.272502 3.73%
avalanche-2
Avalanche (AVAX) $ 46.39 4.56%
chainlink
Chainlink (LINK) $ 27.03 1.99%
wrapped-steth
Wrapped stETH (WSTETH) $ 4,572.32 2.70%
shiba-inu
Shiba Inu (SHIB) $ 0.000026 3.26%
the-open-network
Toncoin (TON) $ 5.72 3.09%
wrapped-bitcoin
Wrapped Bitcoin (WBTC) $ 103,795.81 2.13%
sui
Sui (SUI) $ 4.56 3.21%
stellar
Stellar (XLM) $ 0.428595 1.85%
polkadot
Polkadot (DOT) $ 8.19 4.40%
hedera-hashgraph
Hedera (HBAR) $ 0.294466 4.90%
weth
WETH (WETH) $ 3,851.70 2.27%
bitcoin-cash
Bitcoin Cash (BCH) $ 515.90 2.32%
uniswap
Uniswap (UNI) $ 15.64 0.77%
pepe
Pepe (PEPE) $ 0.000021 5.80%
leo-token
LEO Token (LEO) $ 9.67 1.84%
litecoin
Litecoin (LTC) $ 116.55 1.14%
hyperliquid
Hyperliquid (HYPE) $ 25.36 6.61%
near
NEAR Protocol (NEAR) $ 6.16 8.44%
wrapped-eeth
Wrapped eETH (WEETH) $ 4,068.36 2.22%
aptos
Aptos (APT) $ 12.83 3.53%
bitget-token
Bitget Token (BGB) $ 4.34 14.97%
ethena-usde
Ethena USDe (USDE) $ 1.00 0.12%
internet-computer
Internet Computer (ICP) $ 11.90 2.70%
aave
Aave (AAVE) $ 369.04 1.46%
usds
USDS (USDS) $ 0.999418 0.02%
crypto-com-chain
Cronos (CRO) $ 0.187588 4.10%
ethereum-classic
Ethereum Classic (ETC) $ 31.47 3.80%
polygon-ecosystem-token
POL (ex-MATIC) (POL) $ 0.54962 4.87%
vechain
VeChain (VET) $ 0.054307 5.25%
render-token
Render (RENDER) $ 8.30 4.36%
fetch-ai
Artificial Superintelligence Alliance (FET) $ 1.58 2.41%
monero
Monero (XMR) $ 220.05 2.21%
mantle
Mantle (MNT) $ 1.18 2.29%
arbitrum
Arbitrum (ARB) $ 0.931541 3.23%
bittensor
Bittensor (TAO) $ 523.42 0.26%
mantra-dao
MANTRA (OM) $ 4.05 6.37%
filecoin
Filecoin (FIL) $ 6.08 4.35%
whitebit
WhiteBIT Coin (WBT) $ 25.00 0.91%
kaspa
Kaspa (KAS) $ 0.13622 2.72%