The cryptocurrency market digest (BTC). Overview for 22.03.2023

March 22, 2023

By RoboForex.com

The BTC stopped at 28,147 USD. Prices for digital assets are growing slowly because the market is saving power for the end of the March meeting of the Fed. The intrigue is whether the Fed will lift the interest rate or not.

Investors are ready to attack 29,000 USD, which will open a pathway to 35,000 USD. However, further events will directly depend on what and how the Fed will say.

The capitalisation of the crypto market on Wednesday is estimated as 1.179 trillion USD. The share of the BTC has dropped to 46.2%, while the ETH occupies 18.6% of the market.

Oasis Origin launches metaverse

The issue of metaverses remains topical: the Oasis Origin platform announced integrating GPT4-based AI in it to create an absolutely new metaverse. In it, users will be able to create avatars with the help of AI or interact with it directly.

Polygon network will get in game

Nexon, a game giant from South Korea, will use the features of the Polygon network for its new digital universe. At the moment, it is necessary for supporting NFT inside the MapleStory Universe game.


Free Reports:

Sign Up for Our Stock Market Newsletter – Get updated on News, Charts & Rankings of Public Companies when you join our Stocks Newsletter





Get our Weekly Commitment of Traders Reports - See where the biggest traders (Hedge Funds and Commercial Hedgers) are positioned in the futures markets on a weekly basis.





Article By RoboForex.com

Attention!
Forecasts presented in this section only reflect the author’s private opinion and should not be considered as guidance for trading. RoboForex LP bears no responsibility for trading results based on trading recommendations described in these analytical reviews.

InvestMacro

Share
Published by
InvestMacro

Recent Posts

GBP Strength Holds Despite Dovish Bank of England Signals

By Analytical Department RoboForex GBP/USD shrugged off the impact of Bank of England Governor Andrew…

12 hours ago

Natural gas prices are rising amid increasing electricity consumption

By JustMarkets  By the end of the day, the Dow Jones Index (US30) rose by…

1 day ago

USD/JPY at 40-Year High: Multiple Factors Weigh on the Yen

By Analytical Department RoboForex USD/JPY soared to 162.78 in the middle of the week, reaching…

1 day ago

Gold Declines: Fed Policy and Geopolitics Weigh

By Analytical Department RoboForex Gold prices fell below 4,000 USD per troy ounce on Tuesday,…

2 days ago

Oil prices have once again risen above 70 dollars per barrel. The Australian dollar has updated a three‑month low

By JustMarkets  The US stock markets on Monday showed confident growth, breaking a five‑day losing…

2 days ago

This website uses cookies.