POKKET: Crypto Market Update (May 30)
Bitcoin price continues to grind lower, -5.4% to $33800 while ETH is lower -9.5% to $2200. Movers are NMR +31%, OAX +19%, REN ALICE BZRX -19%, CTSI FET -18%, REEF -17%, UNI DENT LINK OCEAN -15%, and the list goes on with the rest lower.
In general the market is trending lower on thinner than usual volumes on little news flow, though a few sources report selling pressure from OTC flow and larger ask sizes on FTX.
Joe Exotic is launching his own cryptocurrency called Tiger King, ticker TKING, and will soon sell NFTs to help settle legal fees. As you see, slower news cycle over this weekend.
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