POKKET: Crypto Market Update (July 13)
Bitcoin is -3.8% to $33k, ETH is -5.3% to $2035, barely holding on to $2k level. Movers are PUNDIX +12%, SAND -13%, AUDIO -12%, rest are in between and quiet.
Some think the sink in crypto is due to the upcoming June CPI report, waiting for the inflation numbers to print.
Binance was dropped by European payment processor Clear Junction, which will stop processing transactions for the exchange following Barclays and Santander.
Goldman Sachs calls Coinbase a ‘Tactical Trade’ as it predicts the exchange will beat Q2 earnings.
As Elon Musk goes through trial over the solar roof deal, he tweeted his son is a holder of DOGE; the meme-coin barely moved and actually moved lower, -3% to just below 21 pennies.
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