[뉴욕 코인시황/마감] Bitcoin intraday $60,000… returning the rise in interest rate surge

[뉴욕=박재형 특파원] # Bitcoin intraday $60,000 # Ethereum futures decline

On the 18th (local time), the cryptocurrency market ended in an overall mixed trend, with the number of stocks turning to a decline in the intraday, centering on major stocks. Six of the top 10 stocks have fallen, and 56 of the top 100 have green lights indicating an increase.

# Bitcoin intraday $60,000

According to CoinMarketCap, the price of bitcoin was $58110.31 as of 4 p.m. New York time, up 1.98% from the previous 24 hours.

Ethereum fell 1.60%, Cardano 0.25%, Uniswap 1.82%, Binance Coin 0.17%, Polkadot 0.95%, XRP 1.00%, and prices rose.

At this time, the market capitalization of the cryptocurrency market was $ 1.778.8 billion, and the share of Bitcoin was 61.0%.

Source: Coin Market Cap (as of March 8th, 4pm New York Time)

# Ethereum futures downtrend

Bitcoin futures prices on the Chicago Merchandise Exchange (CME) ended at a strong flat. March, which is the most actively traded, rose by $75 to $58,855, April to $45, up to $58,855, and May to $35, up to $59,425.

The Ethereum futures price fell by $46.50 in March to $1790.00, and in April by $28.75 down to $1833.00 and May by $42.25 down to $1843.75.

# Bitcoin momentum recovery signal… Return of the increase in the rising interest rate

According to Cryptopotato, bitcoin rose more than 7% during the intraday to reach $60,000, but the decoupling of cryptocurrency and the stock market is reappearing as the New York stock market fell 1-2% at the same time.

Bitcoin formed a negative wedge pattern during the day, but this pattern soon broke into the bullish side, hitting an intraday high of $683.

Again Bitcoin’s daily Relative Strength Index (RSI) is rising above 60, which translates to a strong bullish momentum within the market. However, as time goes by, the rate of increase decreases, and most of the increase is returned due to the effect of the soaring interest rates in the legacy financial market.

The blockchain-based sports platform Chiliz (CHZ), which continues to be strong in recent years, is leading the altcoin market with an uptrend that outperforms Bitcoin and Ethereum.

Cointelegraph reported that Chiliz continued its surge in March and recorded an increase of 1600%, citing data from Market Pro.

YouTube reported that centralized cryptocurrency exchanges such as Binance and Coinbase have more Ethereum than Bitcoin and other cryptocurrencies.

According to the data, centralized exchanges hold 17.5% of the circulating supply of Ethereum, 17% of AAVE tokens and 19.5% of BAT (Basic Attention Token).

In comparison, centralized exchanges were estimated to have 12.7% of the circulating supply of bitcoins.

The US New York Stock Market fell 0.46% for the Dow, 3.02% for the Nasdaq, and 1.48% for the S&P 500. The US 10-year Treasury yield exceeded 1.7%.

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