• About
  • Landing Page
  • Buy JNews
SB Crypto Guru News- latest crypto news, NFTs, DEFI, Web3, Metaverse
  • HOME
  • BITCOIN
  • CRYPTO UPDATES
    • GENERAL
    • ALTCOINS
    • ETHEREUM
    • CRYPTO EXCHANGES
    • CRYPTO MINING
  • BLOCKCHAIN
  • NFT
  • DEFI
  • WEB3
  • METAVERSE
  • REGULATIONS
  • SCAM ALERT
  • ANALYSIS
No Result
View All Result
  • HOME
  • BITCOIN
  • CRYPTO UPDATES
    • GENERAL
    • ALTCOINS
    • ETHEREUM
    • CRYPTO EXCHANGES
    • CRYPTO MINING
  • BLOCKCHAIN
  • NFT
  • DEFI
  • WEB3
  • METAVERSE
  • REGULATIONS
  • SCAM ALERT
  • ANALYSIS
No Result
View All Result
SB Crypto Guru News- latest crypto news, NFTs, DEFI, Web3, Metaverse
No Result
View All Result

Crypto Market Reveals No Indicators Of Optimistic Motion, Is ‘Uptober’ A Delusion?

SB Crypto Guru News by SB Crypto Guru News
October 12, 2022
in Crypto Updates
0 0
0
Crypto Market Reveals No Indicators Of Optimistic Motion, Is ‘Uptober’ A Delusion?


The crypto market woes from September look to have spilled onto October and going in opposition to the historic development of October being a relatively bullish month. September had seen the crypto market shut with muted performances, however there has not been a lot change for the brand new month. Virtually two weeks into the month, and it’s beginning to appear like the much-awaited “Uptober” will disappoint traders.

Poor performances All-Round

The entire indexes within the crypto market are seeing poor performances from market individuals. The primary two weeks of the month have come again with damaging motion and the declines have continued. The dimensions of a cryptocurrency has not mattered both since they’ve all suffered carefully related fates.

The Small Cap Index got here out because the worst performing for the primary two weeks of October with -4.7%. That is comprehensible given small cap altcoins have been identified to take actions a few steps additional; recoveries run larger and declines run decrease.

Giant Cap cash adopted because the second-worst performer in the identical time interval with returns of -2.4%. A bit extra stunning on condition that they carefully comply with bitcoin value nevertheless it didn’t fall an excessive amount of behind the Mid Cap Index which noticed a decline of -2.1%.

Crypto market performance

Market efficiency stays unhealthy | Supply: Arcane Analysis

Bitcoin emerged as the very best performer for this time interval with solely -1.5% in losses. It additionally follows the development that traders are turning extra in direction of bitcoin throughout this time and profiting from the decline in value.

Crypto Market Deviates From Norm

The entire performances highlighted above solely go to indicate that the crypto market is just not performing as anticipated. Despite the fact that traders are transferring again into bitcoin, the market share of stablecoins remains to be on the rise, so there’s nonetheless a flight to security amongst traders.

Crypto total market cap chart from TradingView.com

Whole market cap beneath $900 billion | Supply: Crypto Whole Market Cap on TradingView.com

For the final week, the crypto market dominance of bitcoin fell by one other 0.20%, and ETH fell 0.24%, with recorded losses from others within the high 10 corresponding to BNB, ADA, and SOL. Most of this misplaced dominance went to stablecoins corresponding to USDT, USDC, and BUSD, all of which noticed a rise of their dominance.

Crypto market sentiment nonetheless stays low within the excessive concern territory, which means that there is no such thing as a anticipated restoration available in the market throughout this time. Except there’s a reversal on this transfer to stablecoins, the market will proceed to see damaging charges.

Featured picture from NASDAQ, charts from Arcane Analysis and TradingView.com

Observe Best Owie on Twitter for market insights, updates, and the occasional humorous tweet…





Source link

Tags: Bitcoin NewsCryptoCrypto NewsCrypto UpdatesLatest News on CryptoMarketmovementMythPositiveSB Crypto Guru NewsShowsSignsUptober
Previous Post

Head Chef Of SushiSwap Says All Accusations Are Baseless

Next Post

Binance-Backed Blockchain Completes Laborious Fork to Mitigate Future Cross-Chain Bridge Hacks – Bitcoin Information

Next Post
Binance-Backed Blockchain Completes Laborious Fork to Mitigate Future Cross-Chain Bridge Hacks – Bitcoin Information

Binance-Backed Blockchain Completes Laborious Fork to Mitigate Future Cross-Chain Bridge Hacks – Bitcoin Information

Leave a Reply Cancel reply

Your email address will not be published. Required fields are marked *

  • Trending
  • Comments
  • Latest
How to Get Token Prices with an RPC Node – Moralis Web3

How to Get Token Prices with an RPC Node – Moralis Web3

September 3, 2024
AI & Immersive Learning: Accelerating Skill Development with AI and XR

AI & Immersive Learning: Accelerating Skill Development with AI and XR

June 4, 2025
Meta Pumps a Further  Million into Horizon Metaverse

Meta Pumps a Further $50 Million into Horizon Metaverse

February 24, 2025
The Metaverse is Coming Back! – According to Meta

The Metaverse is Coming Back! – According to Meta

February 7, 2025
Samsung Unveils ‘Moohan’ to Compete with Quest, Vision Pro

Samsung Unveils ‘Moohan’ to Compete with Quest, Vision Pro

January 29, 2025
NFT Rarity API – How to Get an NFT’s Rarity Ranking – Moralis Web3

NFT Rarity API – How to Get an NFT’s Rarity Ranking – Moralis Web3

September 6, 2024
Trump seeks to defund Institute of American Indian Arts – The Art Newspaper

Trump seeks to defund Institute of American Indian Arts – The Art Newspaper

0
Revised Elliott Wave Count Reveals When To Sell Bitcoin — It’s Above 0,000

Revised Elliott Wave Count Reveals When To Sell Bitcoin — It’s Above $300,000

0
Bitcoin Price Coiling Up — Is a Surge Past 0K on Deck?

Bitcoin Price Coiling Up — Is a Surge Past $110K on Deck?

0
Can Crypto Perpetuals Challenge This?

Can Crypto Perpetuals Challenge This?

0
Senator Lummis’ New Bill Enables Tax-Exempt Bitcoin Spending — But Thresholds Are Too Low

Senator Lummis’ New Bill Enables Tax-Exempt Bitcoin Spending — But Thresholds Are Too Low

0
4 Keyword Mistakes That Are Killing Your SEO — and What to Do Instead

4 Keyword Mistakes That Are Killing Your SEO — and What to Do Instead

0
Revised Elliott Wave Count Reveals When To Sell Bitcoin — It’s Above 0,000

Revised Elliott Wave Count Reveals When To Sell Bitcoin — It’s Above $300,000

July 4, 2025
Bitcoin Price Coiling Up — Is a Surge Past 0K on Deck?

Bitcoin Price Coiling Up — Is a Surge Past $110K on Deck?

July 4, 2025
Toncoin Walks A Tightrope At .80 As Market Tension Builds

Toncoin Walks A Tightrope At $2.80 As Market Tension Builds

July 3, 2025
Summer Curtailments Slash Bitcoin Production for US Miners Amid Grid Pressures

Summer Curtailments Slash Bitcoin Production for US Miners Amid Grid Pressures

July 3, 2025
Trump seeks to defund Institute of American Indian Arts – The Art Newspaper

Trump seeks to defund Institute of American Indian Arts – The Art Newspaper

July 3, 2025
Senator Lummis’ New Bill Enables Tax-Exempt Bitcoin Spending — But Thresholds Are Too Low

Senator Lummis’ New Bill Enables Tax-Exempt Bitcoin Spending — But Thresholds Are Too Low

July 3, 2025
SB Crypto Guru News- latest crypto news, NFTs, DEFI, Web3, Metaverse

Find the latest Bitcoin, Ethereum, blockchain, crypto, Business, Fintech News, interviews, and price analysis at SB Crypto Guru News.

CATEGORIES

  • Altcoin
  • Analysis
  • Bitcoin
  • Blockchain
  • Crypto Exchanges
  • Crypto Updates
  • DeFi
  • Ethereum
  • Metaverse
  • Mining
  • NFT
  • Regulations
  • Scam Alert
  • Uncategorized
  • Web3

SITE MAP

  • Disclaimer
  • Privacy Policy
  • DMCA
  • Cookie Privacy Policy
  • Terms and Conditions
  • Contact us
  • Disclaimer
  • Privacy Policy
  • DMCA
  • Cookie Privacy Policy
  • Terms and Conditions
  • Contact us

© 2025 JNews - Premium WordPress news & magazine theme by Jegtheme.

Welcome Back!

Login to your account below

Forgotten Password?

Retrieve your password

Please enter your username or email address to reset your password.

Log In
No Result
View All Result
  • HOME
  • BITCOIN
  • CRYPTO UPDATES
    • GENERAL
    • ALTCOINS
    • ETHEREUM
    • CRYPTO EXCHANGES
    • CRYPTO MINING
  • BLOCKCHAIN
  • NFT
  • DEFI
  • WEB3
  • METAVERSE
  • REGULATIONS
  • SCAM ALERT
  • ANALYSIS

© 2025 JNews - Premium WordPress news & magazine theme by Jegtheme.