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BTC, ETH, BNB, XRP, ADA, SOL, DOGE, DOT, AVAX, SHIB -Breaking


Analysis of price 5/13: BTC.ETH.BNB. XRP. ADA. SOL. DOGE. DOT. AVAX. SHIB.

(BTC) After dropping to its real price, the market rebounded quicklyThe dip was $24,000 at May 12th, suggesting that some bulls bought the dip against the grain. CryptoQuant on-chain analytics platform says the average daily transaction was $24,000 exchange balances declinedThere were more than 243,355 Bitcoins on May 11, 12 and 13, which suggests that bulls could have been bottom-fishing.

Raoul Pal, however macro investor, does not believe that there is a bottom. Exclusive interview with CointelegraphPal indicated that, if equity markets experience a capitulation period, then crypto markets may also plunge before reaching a bottom. According to Pal, the bear phase will end when the United States Federal Reserve ceases hiking interest rates.

The cryptocurrency market is performing daily. Source: Coin360