Цена биткоина опускается ниже $23K после того, как отчет о доходах показал, что Tesla продала 75% своих BTC
Easy come, easy go was the story on July 20 as the day started on a positive note with Bitcoin (BTC) climbing above $24,300, only to end the official trading day in the red after less than stellar Q2 earning news showed Tesla sold 75% of its Bitcoin and Minecraft reversed course by deciding to ban NFTs on its platform.
Daily cryptocurrency market performance. Source: Coin360
A potential source of the afternoon downturn can be traced to Tesla’s Q2 earnings data, which showed that the electric car company sold off 75% of its Bitcoin holdings in order to add $963 million in cash to its balance sheet.
Quote.
So, not only forced selling from 3AC, $LUNA & $UST, but also Voyager, BlockFi and Celsius have been causing the markets to crash.
On top of that, Tesla did sell 75% of their #Bitcoin purchases towards cash.
That’s what caused the crash.
That’s also why we’re close to bottom.
— Michaël van de Poppe (@CryptoMichNL) July 20, 2022
End of Quote.
Shortly after the Tesla news broke, Bitcoin price pulled back from its daily high at $24,280 to $22,900 before stabilizing around $23,500.
Traders bullish estimates may have been premature
Today’s unexpected pullback may have also helped to bring a little bear market perspective to crypto traders who were ready to call for an end to the bear market.
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Lots of you guys haven’t gone through the early months of a bear market and it shows.
You get excited over dead cat bounces and bull traps, act as if a quick pump is the end of the bear cycle.
Sadly, there is only one way to learn.
— Vlad «BTCTKVR.com» Costea ⚡️ (@TheVladCostea) July 19, 2022
В то время как откат биткоина до сих пор был относительно мягким, многие альткоины испытали более резкое падение, поскольку недавние скачки цен создали хорошую возможность для трейдеров зафиксировать прибыль.
Эфирное решение Polygon (MATIC) на базе Ethereum (ETH) упало на 11,5% после недели, в течение которой токен вырос на 87%. Цена токена Arweave (AR) упала на 10,84%, а Filecoin (FIL) — на 10,2%.
С другой стороны, единственными токенами в топ-100, которым удалось удержать положительную динамику за день, стали Steem (STEEM) и Reef (REEF), которые продемонстрировали небольшой рост в 6. 27% и 3,15% соответственно.
Общий объем криптовалютного рынка сейчас составляет $1,035 трлн, а доля биткоина — 42,7%.