🔺The market is in the green zone: BTC and ETH are steadily gaining +3.3%, setting the mood for all altcoins. The top and mid-tier coins are rising equally: by +5..11%, and a number of coins (HBAR, Hype, and Grass) surged by +16..20% overnight.
🔺The S&P index also bounced back by +2.2%, against the backdrop of the US announcing the start of negotiations to ease trade policies. However, Trump stated that if China does not cancel its 34% tariffs by today, the US will impose additional tariffs of +50% on all Chinese goods; foreign analysts have begun to suggest a drop in SP500 to 4500 points, or another -11%.
🔺During yesterday's altcoin plunge, Bitcoin dominance reached 64%, and the ETH/BTC pair (once again) broke a new low at 0.018. The unfortunate Ether dropped to 1411$, and analysts claim there is a chance of going lower: down to 1200$.
🔺In the last 2 days, traders lost -1.8 billion $ on margin trades. Mainly long traders were affected, but yesterday (due to news leaks) short traders were also shaken. The week is expected to be extremely dangerous for trading: be careful with futures!
🔺Coins from the top 100 ranking that reached new historical lows yesterday👇
