Value Evaluation 7/17: SPX, DXY, BTC, ETH, XRP, BNB, SOL, ADA, DOGE, MATIC

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It’s nonetheless caught in a decent vary, making it tough to foretell the path of the following doable breakout. (DXY) typically strikes inversely with Bitcoin (BTC), and fell under 100, however that didn’t make Bitcoin larger. This implies that Bitcoin is heading in its personal path within the quick time period.

So, whereas this week’s huge company earnings season might rock the US inventory market, it could not have the identical affect on Bitcoin. It’s turning into more and more tough to pinpoint the occasion or information stream that can trigger the Bitcoin worth to interrupt out of a spread.

Every day cryptocurrency market efficiency. sauce: coin 360
SPX every day chart. Supply: TradingView
DXY every day chart. Supply: TradingView
BTC/USDT every day chart. Supply: TradingView
ETH/USDT every day chart. Supply: TradingView
XRP/USDT every day chart. Supply: TradingView
BNB/USDT every day chart. Supply: TradingView
SOL/USDT every day chart. Supply: TradingView
ADA/USDT every day chart. Supply: TradingView
DOGE/USDT every day chart. Supply: TradingView
MATIC/USDT every day chart. Supply: TradingView

Learn extra on Cointelegraph

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