Cryptocurrency markets fell on Wednesday, with total market cap dropping by around $16 billion to around $1.1 trillion, Bitcoin (BTC) dropping 1.5% to around $28,700 and Ether (ETH) dropping 1.1% to just above $1,800, where it is now finding support from its 200DMA.
Downward moves in the crypto market come amid macro headwinds, with US stock markets falling while long-dated US government bond yields and the US dollar rise in wake of the latest Fed minutes release.... Read More: Best Crypto to Buy Now August 16 – SEI, THORChain, Toncoin