After several weeks of growth, the cryptocurrency market has succumbed to bearish pressure. coin market cap The total market capitalization of cryptocurrencies is now $1.14 trillion, up just 0.20% from yesterday, the report said.
The main reason is the economic uncertainty affecting the U.S. stock market.Therefore, investors are advised to avoid cryptocurrencies such as Conflux (CFX) and Decide(ARB), as they suffered the most significant losses during the major cryptocurrency decline.Investors are now pushing for more stable and promising altcoins like spark (SPRK) is currently in the pre-sale phase.
Conflux (CFX) down 23% this last week
Like Ethereum, Conflux (CFX) has also seen a significant drop in value compared to Bitcoin. coin market cap Data shows that the token is down 23% over the past week, pointing to a challenging week for Conflux (CFX) investors.
Meanwhile, investors need to proceed with caution, as a bearish break above $0.2847 could lead the price of Conflux (CFX) down to $0.1471. The likelihood of this bearish scenario becoming a reality is high, as on-chain data shows strong bearish signs for Conflux (CFX).
Meanwhile, Conflux (CFX) rallied over the past hour to trade at $0.293576 today. However, the token is still 22.51% below its all-time high over the past seven days.
Decide (ARB) continue arrive plummeted
As of press time, coin market cap Data Display Decide (ARB) has fallen about 21% over the same time frame. Given that the two largest cryptocurrencies, Bitcoin and Ethereum, are also experiencing declines, Decide (ARB) Investors are keeping a close eye on market sentiment.
therefore, Decide (ARB) is experiencing a more pronounced bearish trend as more sellers enter the market.Investors and traders should exercise caution before committing more money Decide (ARB).
According to the current trajectory, Decide (ARB) could rise towards $1.1930. In this case, more buyers will have to enter the market to defend this key support level.
spark (SPRK) Offers New Investment Opportunities exist precious metal
spark (SPRK) is revolutionizing the cryptocurrency and NFT investing space with a unique approach that will allow investors to purchase silver, platinum and gold bars by acquiring fragmented NFTs backed by these metals. This strategy has the potential to disrupt the cryptocurrency and NFT markets as it offers a new way to invest in precious metals.
Historically, the high cost of buying precious metals has been a significant hurdle for many investors. However, spark Innovative approaches have been taken to overcome these obstacles. As a result, some investors predict that the project will generate a 5,000-fold return by the end of 2023.
In order to ensure the safety of user funds, Worldwide internet The network has been reviewed Sparklow’s (SPRK) Reserve.this First Pre-Sale Phase of Tokens Already started, offering investors the opportunity to purchase SPRK at $0.015 per token.
Learn more about presales:
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