Bitcoin price prediction. Investors are worried about the final match of the FIFA World Cup 2022 in Qatar, because the cryptocurrency market was unchanged on Sunday. Considering this, the Bitcoin price forecast has not changed much throughout the day as BTC remains above the important support level of $16,550. Following the collapse of FTX and the fear that Binance is at risk, many crypto trading platforms are stopping payments due to financial problems.
Giant DCG Freezes Nearly $300 Million In Crypto Due To Financial Crisis
Bitvavo, a cryptocurrency trading platform based in the Netherlands, says that the Digital Currency Group (DCG) is blocking hundreds of millions of dollars due to financial problems. Bitvavo announced in a recent statement that DCG, which provides Bitvavo with off-chain services, has suspended the bailout until the company’s current financial situation is resolved.
Bitvavo maintains that the problems encountered by DCG will not affect its operations in any way. Bitvavo says that the problems encountered by DCG will not affect its operations in any way.
According to Bitvavo, which manages 1.6 billion euros in crypto assets, DCG will eventually repay its debt of around $280 million. The cryptocurrency exchange also says it will not prevent withdrawals for customers due to DCG defaults.
Market panic continues to keep Bitcoin and other cryptocurrencies under pressure. bitcoin price forecast
Bitcoin’s current price is $16,747 and the 24-hour trading volume is $11 billion. Bitcoin has fallen 0.10% in the last 24 hours. CoinMarketCap is currently number one, with a live market value of $322 billion. It has a total supply of 21,000,000 BTC coins and a circulating supply of 19,236,818 BTC coins.
On Sunday, BTC/USD may find initial support near $16,560. With RSI and MACD in the oversold zone, BTC price can reach the 23.6% Fibonacci retracement level of $17,000. Going forward, the 38.2% Fibonacci retracement point at the 50-day simple moving average at $17,250 will provide further stability for the BTC/USD pair. However, if the price of BTC falls below $16,570, the $16,150 support level may quickly become available.
Another Area Of High Value
The current risk perception in the global crypto market is keeping the price development in check, but few coins are making the news.
Why Not Check Them Out? FightOut (FGHT) – Presale Release
From the beginning of its sales, FightOut, a new channel of fitness and exercise equipment (M2E) that aims to bring a healthy lifestyle to the web3, has attracted the attention of investors who see the service as a revolutionary potential. The current web3 M2E landscape.
While existing M2E apps like StepN only measure the process and require the purchase of an expensive non-fungible token (NFT) to participate, FightOut offers a comprehensive system for tracking and rewarding its users for exercise. body and work. As the presale raised more than $2.86 million in a few days, interested investors are encouraged to act quickly to secure their FGHT tokens at the current price of 60.06 USDT per 1 USDT.
FightOut crypto environment will be supported by FGHT coin. Visit FightOut now.
Dash 2 Trade (D2T) – Presale Enters It’s Final Phase
Dash 2 Trading is a fun cryptocurrency trading startup to invest your money in. Social research and the next marketing trend are set to take the crypto business industry by storm with its unique features. Features include branding, social and chain impact indicators, a pre-sale branding system, a brand-list alert system, and a back-order analysis tool.
The D2T token, in which users will buy and hold the use of the platform, will strengthen the Dash 2 Trade environment. The Dash 2 business is now running a token presale at a heavily discounted price, with sales exceeding $10 million.
These tokens are currently available for purchase at $0.0533 per token and will be available on most exchanges mid-next month. Visit Dash 2 Trade here
Calvaria (RIA) – Final Presale Process Now
RIA, the new crypto war card game to be won, could be real. Calvaria’s mission is to increase cryptocurrency acceptance by creating a bridge between the real world and cryptocurrency in the form of fun and simple crypto games. Investors may be interested in Calvaria’s RIA token presale.
Calvaria has now raised $2.48 million and is nearing the end of its fundraising campaign, with only 20% of tokens remaining.