Price Analysis 5/20: BTC, ETH, BNB, XRP, ADA, SOL, DOGE, DOT, AVAX, SHIB
Bitcoins (Bitcoin) The close correlation with legacy markets continues to be a drag, especially as US stock markets remain in a firm downtrend. It’s on track for its eighth consecutive negative week and the S&P 500 is about to do so immersion into bear market territory.
Celsius (CEL) CEO Alex Mashinsky believes that the Short sellers on Wall Street look for vulnerabilities in crypto companies to “short and destroy” them. Mashinsky blamed “the sharks of Wall Street” for the fall (LUNA) and try to destabilize (USDT) and manufacturer (MKR) and “many other companies”, including Celsius.
Daily performance of the cryptocurrency market. Source: Coin360BTC/USDT daily chart. Source: TradingViewETH/USDT daily chart. Source: TradingViewBNB/USDT daily chart. Source: TradingViewXRP/USDT daily chart. Source: TradingViewADA/USDT daily chart. Source: TradingViewSOL/USDT daily chart. Source: TradingViewDOGE/USDT daily chart. Source: TradingViewDOT/USDT daily chart. Source: TradingViewAVAX/USDT daily chart. Source: TradingViewSHIB/USDT daily chart. Source: TradingView
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