The total crypto market cap drops under $1.2T, but data show traders are less inclined to sell -Breaking
However, the crypto market’s total cap is below $1.2T. Data shows that traders are more likely to buy than sell.
For the last 29 days, the total cryptocurrency market capitalization traded in a downward channel and is currently supported at $1.17 trillion. The last seven days have seen (BTCEther () showed a slight drop of 2%.ETHThe correction was 5% for ).
Reports on consumer prices (CPI), June 10, showed an 8.6% rise year-on–year. Crypto and stock markets felt this immediately. Still, it’s not certain whether the figure will convince the United States Federal Reserve to Future interest rate rises may be a reason to be cautious.