Daily review
— Capitalization of the crypto market: $0.914 trillion (-$20 billion);
- Dominance: BTC - 39.2%, ETH - 17.2%;
- Index of fear and greed: 20 (extreme fear) against 20 the day before.
Bitcoin on Tuesday, September 27, at the end of the day, Bitcoin fell by 0.77%, to $19,079. An attempt at a rebound in the US stock market failed. Stock indices closed lower amid capital flight from risky assets. At the moment, the indices showed an increase of 1.5%, after which they fell sharply. The S&P500 fell 0.21%. The Nasdaq rose 0.25%. S&P500 has updated at least a year.
Campaign markets are not ready to recover. Buyers are being held back by a rally in the dollar and a sharp rise in 10-year US government bonds. Today, the yield has grown to 3.98% per annum. S&P 500 futures fell. If the picture does not change during the day, the fall will intensify during the main session of the US market. Bitcoin has no choice but to follow futures and indices. Cryptocurrency sales resumed from the trend line. The key support level remains at $18,000. You have to wait until the beginning of October.
The ETH/USDt pair fell by 0.61% to 1328. On Wednesday, the exchange rate fell to 1272 in Asian trading. The price fell by 4.21%. When the flight from risky assets begins, investors immediately begin to sell altcoins. If index futures continue to fall, the pair will keep moving south to $1,150.