What Happened in the Crypto Market While Everyone Was Sleeping – July 4 Review
Date: 2023-07-04 Author: Karina Ziganova Categories: BLOCKCHAIN
Nasdaq added Coinbase to the application for the launch of the BlackRock spot bitcoin ETF, crypto funds report a significant inflow of assets for the second week in a row, TON users were offered to exchange messages
Behavior of capitalization— leaders of capitalization
Bitcoin (BTC), according to CoinMarketCap, started Tuesday with growth. As of 06:05 (Moscow time), the cryptocurrency is trading at $31,232 (1 token in rubles — ₽2,773,494). Bitcoin's minimum in 24 hours is $30,586, and the maximum is $31,375.
Ethereum, the second largest cryptocurrency by capitalization, started the day sideways. As of the time of writing, the coin is trading at $1955 (1 token in rubles is ₽173,663).
In the top 10 most capitalized cryptocurrencies, Bitcoin (+1.56%) recorded the best result per day, and Litecoin (+21.28%) per week. At the same time, the coin lost more actively than others in price within 24 hours (-5.01%). For seven days, all cryptocurrencies showed positive dynamics.
In the top 100 most capitalized cryptocurrencies, the best result for the day (+38.41%) and week (+884.86%) was recorded by the Global Currency Reserve. Over the past 24 hours, Flow has been losing the most in price (-9.77%). The largest losses for the week were recorded in Conflux (-8.93%).
The main news of cryptocurrencies on the morning of July 4
The Open Network (TON) crypto project has offered users functionality for on-chain encrypted messaging. Information about this appeared in the microblog of the project.
To send a message, you need to specify the user's address - his identifier on the network.
Investors are increasing their investments in crypto funds for the second week in a row. In the period from June 26 to July 2, funds focused on digital assets raised over $120 million, the result of the previous week was over $200 million, according to data from CoinShares.
Over 98% of the assets that the funds managed to attract are directed to investment products tied to the most capitalized cryptocurrency - bitcoin.
Nasdaq has made changes to the application on Form 19b-4 for the launch of the iShares Bitcoin Trust spot bitcoin ETF with investment giant BlackRock. In the updated document, there was a mention of the Coinbase crypto exchange. The trading platform will oversee the product and share observations with the Nasdaq.
