Here is what you need to know on Tuesday 22, September BTC/USD is trading at $10,517 after plummeting towards $10,296 following a breakout of the U.S. dollar. ETH/USD had a massive 12% crash and has only recovered slightly, currently trading at $348. XRP/USD has established a new monthly low at $0.2295 as bulls are struggling to defend the critical $0.23 support level. Chart of the day: ETH/USD 4-hour chart Market The entire crypto market suffered today erasing more than $22 billion in total market capitalization. Ethereum alone managed to delete $4 billion of its mcap in just a few hours after a tremendous drop. Bitcoin is also down 4% while XRP is down 6%. Only 8 cryptos out of 100 are in green today with the biggest loser being Celo followed by Aave and Arweave. The recent drop also came followed by a notable increase in trading volume from an average of $106 billion to a current peak of $130 billion indicating that bears are quite strong in the short-term. The rise in the U.S. dollar also affected European and U.S. stocks with the S&P 500 dropping 1% after an extremely weak open. Industry BitFlyer, one of the biggest Japanese cryptocurrency exchanges has now integrated PayPal deposits into its platform. Andy Bryant, COO of BitFlyer Europe stated: We’re proud to offer users the opportunity to use their PayPal accounts to deposit funds for purchasing crypto. The integration of PayPal adds a new funding source for bitFlyer users. Thousands of bitFlyer users already use PayPal for fiat transactions. Now, users can purchase bitcoin and other cryptocurrencies in the same way too Quote of the day We are seeing more managed money and, to an extent, institutional money entering the [crypto]space. Anecdotally speaking, I know of many people who are working at hedge funds or other investment managers who are trading cryptocurrency personally, the question is, when do people start doing it with their firms and funds? – Olaf Carlson-Wee FX Street FX Street FXStreet is the leading independent portal dedicated to the Foreign Exchange (Forex) market. It was launched in 2000 and the portal has always been proud of their unyielding commitment to provide objective and unbiased information, to enable their users to take better and more confident decisions. View All Post By FX Street Crypto News share Read Next Wall Street Close: Benchmarks start off the week in the red FX Street 1 year Here is what you need to know on Tuesday 22, September BTC/USD is trading at $10,517 after plummeting towards $10,296 following a breakout of the U.S. dollar. ETH/USD had a massive 12% crash and has only recovered slightly, currently trading at $348. XRP/USD has established a new monthly low at $0.2295 as bulls are struggling to defend the critical $0.23 support level. Chart of the day: ETH/USD 4-hour chart Market The entire crypto market suffered today erasing more than $22 billion in total market capitalization. Ethereum alone managed to delete $4 billion of its mcap in just a few hours… Top Forex Brokers All Brokers Sponsored Brokers Broker Benefits Min Deposit Score Visit Broker 1 $100T&Cs Apply 0% Commission and No stamp DutyRegulated by US,UK & International StockCopy Successfull Traders 9.8 Visit Site FreeBets Reviews$100Your capital is at risk. 2 T&Cs Apply 9.8 Visit Site FreeBets Reviews$100Your capital is at risk. 3 Recommended Broker $100T&Cs Apply No deposit or withdrawal feesTrade major forex pairs such as EUR/USD with leverage up to 30:1 and tight spreads of 0.9 pips Low $100 minimum deposit to open a trading account 9 Visit Site FreeBets ReviewsYour capital is at risk. 4 T&Cs Apply Visit Site FreeBets ReviewsYour capital is at risk. 5 Recommended Broker $0T&Cs Apply Trade gold, silver, and platinum directly against major currenciesUp to 1:500 leverage for forex trading24/5 customer service by phone and email 9 Visit Site FreeBets ReviewsYour capital is at risk.
