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- #1 Macro Markets - 4th June, 2023
#1 Macro Markets - 4th June, 2023
Institutional Money Flow, Top Movers, Narratives, Regulations and everything about the crypto Economy,
The Sixth Sense
June 06, 2023
1# Macro Markets - 4th March 2023
Curated feed sharing Alpha, events and insights into the crypto economy...
Crypto Markets declined by 1.91% with an overall marketcap of $1.18T:
The global #crypto market cap today is $1.18T, a -1.91% change in the last 24h.
Total trading volume in the last 24h is at $39.8B.
#BTC dominance is at 44.34% and #ETH - 19.01%.01.06.2023 2:54:51 (UTC)
#DeFi#NFT#BSC#Tether#AVAX#XRP#TRX#Solana
— СryptoBubblesDaily (@cryptobubbles24)
2:57 AM • Jun 1, 2023
Bitcoin today:
#Crypto at the moment 🔴
— CoinMarketCap (@CoinMarketCap)
3:21 AM • May 31, 2023
Ethereum today:
Are you buying #Ethereum today?
🔼 41.08% in past 6 months
#ETHbit.ly/3vXzQ6q
— Blockchain.com (@blockchain)
1:47 PM • May 31, 2023
Daily Top gainers list:
DAILY GAINERS LIST
31 May 202324 Hours Price Change:
$TLOS +24.9%
$RAY +23.2%
$POND +20.9%
$PRQ +17.8%
$STIK +17.7%
$KEY +15.4%
$AKT +12.7%@HelloTelos@RaydiumProtocol@MarlinProtocol@parsiq_net@staika_official@SelfKey@akashnet_
— 🇺🇦 CryptoDiffer - StandWithUkraine 🇺🇦 (@CryptoDiffer)
2:32 PM • May 31, 2023
Gold and silver showing resilience when other Commodities, Crude are down:
Over the last 90-days, Crude Oil (WTI) declined -4.0%, whilst Gold (XAU) and Silver (XAG) have rallied 7.5% and 12.7%, respectively.
#Bitcoin however, continues to outperform, remaining 14.5% above the February close. #Bitcoin performance is weaker than the peak first quarter… twitter.com/i/web/status/1…
— glassnode (@glassnode)
11:52 AM • May 30, 2023
Fear and Greed Index:
Bitcoin Fear and Greed Index is 51. Neutral
Current price: $27,747— Bitcoin Fear and Greed Index (@BitcoinFear)
12:00 AM • May 30, 2023
Volatility in crypto markets:
The Crypto Volatility Index is at 47.85 📊
The CVI ranges between 0-200
0-85 ≈ Low volatility
85-105 ≈ Medium volatility
105-200 ≈ High volatility
Trade #volatility ($CVI):
Platform 👉🏻 cvi.finance
Sushiswap 👉🏻 sushi.com/swap?token0=0x…@official_CVI
$CVI $GOVI— CVI Daily (@CVIdaily)
7:54 AM • May 31, 2023
Moving to major events in the centralized crypto world.
USDC regaining market-share after the depeg:
Even though #USDC is the dominant stablecoin in DeFi, the majority of volume actually happens on CEXs.
Why?
👉 CEX volumes are magnitudes greater than DEX volumes.
👉The addition of USDC pairs on @Bybit_Official contributed to the recent surge.
👉 Binance just re-listed USDC— Kaiko (@KaikoData)
4:50 PM • May 31, 2023
Falling liquidity in the markets after the closure of market-makers post FTX:
Coin-denominated liquidity for BTC/ETH remains low, leaving the market susceptible to higher price impact for large buys/sells and thus increased volatility.
Read more in our latest free report with @KaikoData on the state of Crypto Market Structure: docsend.com/view/w3deqvxti…
— Reflexivity Research (@ReflexivityRes)
1:14 PM • May 30, 2023
Gate.io being investigated:
Rumors: @gate_io is being investigated by police and has had $130 million (10% of $1.26 billion in reserves) outflow in 24 hours.
Gate says all transactions and withdrawals are ok.
defillama.com/cexs
gate.io/es/article/309…— ICO Drops (@ICODrops)
4:46 AM • Jun 1, 2023
Falling Trade volumes in the market:
Daily crypto trading volume is now the lowest that it's been since 2020
Market in aggregate is in a period of apathy and capitulation through time -- lack of speculative interest from the masses sparks opportunity for those with strong belief
— Will Clemente (@WClementeIII)
5:40 PM • May 31, 2023
Lido ($LDO) being a top-performer in the last year with Binance listing ànd volumes moving to CEX:
1/11 $LDO has been a standout performer over the past year, albeit with unusual price action.
So, let's take a look at its market structure and how it has changed.
The biggest change: when Binance listed LDO, DEX volumes dropped from 98.7% share to just 25% in a few days.
— Riyad Carey (@riyad_carey)
5:15 PM • May 31, 2023
Binance stops support for privacy coins in Europe:
Binance to block privacy coins in four European countries theblock.co/post/232751/bi…
— The Block (@TheBlock__)
4:43 PM • May 31, 2023
Liquidity drying up for riskier assets:
1/4 Debt ceiling summary and implications.
They have reached have an agreement in principle BUT we now need both sides to actually vote and pass it.
— Tom Dunleavy (@dunleavy89)
12:29 PM • May 28, 2023
China lays down its whitepaper for AI and Metaverse:
Animoca’s Yat Siu: Beijing white paper lays groundwork for crypto renaissance in China theblock.co/post/232737/an…
— The Block (@TheBlock__)
4:03 PM • May 31, 2023
Monthly Spot volumes show alarming levels of decline:
Monthly Spot Exchange Volume Decreased by 23% in May
In May 2023, the monthly spot exchange volume (adjusted) of major exchanges showed a decrease of 23% compared to April 2023: $450B —> $347B. htttwitter.com/i/web/status/1…t
— CryptoRank Platform (@CryptoRank_io)
1:11 PM • May 31, 2023
Top events in Crypto-sphere:
Crypto Events Recap, May 30-31
👉 cryptodiffer.com/project-update…
— 🇺🇦 CryptoDiffer - StandWithUkraine 🇺🇦 (@CryptoDiffer)
4:06 PM • May 31, 2023
CEX-market Statistics:
Centralized markets saw $78M worth of liquidations with majorly longs ($60M) being at the receiving end:
The long-short skew is showing negative downward momentum in the markets:
Long:Short in the market
Options trading & Open Interest in the centralized markets:
Options, Open Interest
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