Bitcoin (BTC): BTC has fallen below the $16,000 mark, bringing huge selling pressure to miners. Miners' income continues to be sideways in and , while asset prices plummeted.
Although Bitcoin (BTC) has a $14 million inflow, if short investment is considered, the net inflow is negative $4.3 million. The short bitcoin assets currently managed are $173 million, close to the peak of $186 million.
Therefore, there is a lot of pressure to lower the price of the original cryptocurrency. Therefore, this situation may provide newcomers with the opportunity to buy cheap bitcoins.
As of press time, BTC was trading at $15,839.15, down 2.5% in the past 24 hours.
Litecoin (LTC): Litecoin (LTC) is currently the best performing token in the past 7 days. The token rose 9.6% last week. As Solana (SOL) takes a hit by the FTX crash, investors may withdraw their SOL investment and invest it in LTC.
In addition, the number of LTC wallets reached 162 million, close to Ethereum's 166 million.
As of press time, LTC was trading at $62.01, up 1.7% in the past 24 hours.
Cronos (CRO): Crypto.com is one of the official sponsors of 2022 Qatar World Cup , and Cronos (CRO) is its native token. FIFA The World Cup is one of the largest sporting events on the planet, so the world's attention will be focused on Crypto.
