BTC, ETH, BNB, XRP, SOL, ADA, LUNA, AVAX, DOGE, DOT By Cointelegraph

Price Analysis 4/22: BTC, ETH, BNB, XRP, SOL, ADA, LUNA, AVAX, DOGE, DOT

(Bitcoin) fell sharply on April 21 and maintained its close correlation with US stock markets, which reversed direction after Federal Reserve Chair Jerome Powell suggested that a 50 basis point rate hike in May was “on the table”. The sale continuedm April 22 as investors trim risky assets in anticipation of an aggressive stance from central banks to curb rising inflation.

Veteran trader Peter Brandt said in a recent tweet that the (NDX) is showing a similar formation as before fall in 2000.

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: TradingViewSOL/USDT daily chart. Source: TradingViewADA/USDT daily chart. Source: TradingViewLUNA/USDT daily chart. Source: TradingViewAVAX/USDT daily chart. Source: TradingViewDOGE/USDT daily chart. Source: TradingViewDOT/USDT daily chart. Source: TradingView

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