BTCNEXT Exchange Update #33

Two weeks have passed in the blink of an eye! Our tireless team continues to improve the BTCNEXT Exchange: we have continued to expand the coins list and much more! Check out all the updates below.

The price of gold again fell slightly to the resistance level of $1,770 per troy ounce. The quotes rose after the Fed’s interest rate decision as the yield on 10-year US Treasuries climbed to a new weekly high of 1.68%. At the same time, rising inflation puts the precious metals market under pressure.

By the end of the week, WTI crude oil rose in price to the level of $63.3 per barrel. Last Thursday, e quotes climbed to their highest levels in the last month and a half on signals of increased demand in key markets. The US oil product demand indicator rose to a high in more than two months.

Key indices are moving up to new heights despite the pullback in recent days. The S&P 500 is at the $4,180 mark. The Dow Jones is trading at around $34,100.

The crypto market capitalization has risen by 14.2% over the last 7 days. MATIC grew the most: +65% in one week. BTC grew less than the others — +7%. The QDAO price dropped by 13.7%, BNX grew by +1.8%, NOAHP by +14.9%.

The past 2 weeks were full of important events. Bitcoin’s price experienced a correction. At first, BTC fell below $50,000. At the lowest point, the price dropped to $47,000. This was followed by the same sharp rise in quotations. Today, Bitcoin is trading at around $56,500. It seems quite logical that it will grow beyond $60,000. At the same time, the dominance of Bitcoin continues to decline and has already dipped to 46%. This is eagerly welcomed by traders of altcoins, whose quotes have climbed up.

The BTCNEXT team continues its hard work. We had a lot of exciting updates in the past two weeks. We have:

Daily volumes and statistics on BTCNEXT Exchange:

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