LockMeta
  • News
    • Bitcoin
    • Ethereum
    • Altcoins
    • NFTs
    • Metaverse
    • Business
    • Policy
  • Market Cap
  • Buy Crypto
Facebook Twitter Telegram
Trending
  • The Alameda wallet address transferred about 30.68 million USDC to the FTX exchange
  • Grayscale Bitcoin Trust’s negative premium reached 29.26%, a record low
  • PeckShield: XCarnival attackers suspected of returning 1467 ETH
  • Celsius CEO tried to flee US but was stopped by authorities
  • Horizon cross-chain bridge attacker address just transferred 18,036 ETH
  • ULTRADX has reached a deep strategic cooperation with MastersDAO and MoreMeta metaverse platform
  • The total locked volume of DeFi protocols reached $76.82 billion, down 0.61% within 24 hours
  • Analyst: El Salvador’s Bitcoin holdings have fallen 53% in value
Monday, June 27
LockMeta
  • News
    • Bitcoin
    • Ethereum
    • Altcoins
    • NFTs
    • Metaverse
    • Business
    • Policy
  • Market Cap
  • Buy Crypto
Facebook Twitter Telegram
LockMeta
Twitter Telegram
Home»Crypto News Flash»Altcoins»Vijay Ayyar: May see current bearish sentiment continue into next week

Vijay Ayyar: May see current bearish sentiment continue into next week

Altcoins June 12, 2022
Facebook Twitter Pinterest LinkedIn Tumblr Email
Share
Facebook Twitter LinkedIn Pinterest Email

Data shows that U.S. inflation has hit a new 40-year high, and the cryptocurrency as a whole has experienced a broader decline. Ethereum once fell 5% to its lowest level since March 2021, and Bitcoin fell below $28,000, a more than one-year low. U.S. inflation data beat expectations, dashing hopes that price increases may have peaked.

Vijay Ayyar, vice president of corporate development and international at crypto trading platform Luno, said the current bearish sentiment could be seen to continue into next week, with bitcoin typically falling over 80% and altcoins over 90% if looking back at previous bear markets .

If the situation continues, Bitcoin prices will be much lower in the next month or two.

Share. Facebook Twitter Pinterest LinkedIn Tumblr Email

Related News

The Alameda wallet address transferred about 30.68 million USDC to the FTX exchange

June 27, 2022

The total locked volume of DeFi protocols reached $76.82 billion, down 0.61% within 24 hours

June 27, 2022

TRON’s joint reserves put $10 million in USDD and TRX as reserves

June 25, 2022

The Latest

The Alameda wallet address transferred about 30.68 million USDC to the FTX exchange

June 27, 2022

Grayscale Bitcoin Trust’s negative premium reached 29.26%, a record low

June 27, 2022

PeckShield: XCarnival attackers suspected of returning 1467 ETH

June 27, 2022

Celsius CEO tried to flee US but was stopped by authorities

June 27, 2022

Horizon cross-chain bridge attacker address just transferred 18,036 ETH

June 27, 2022
Facebook Twitter Telegram
  • About Us
  • Contact Us
  • Privacy Policy
  • Terms of Service
© 2022 LockMeta.

Type above and press Enter to search. Press Esc to cancel.