Crypto Market Trend: Neutral
Trend Insight
The cryptocurrency market is currently experiencing a neutral trend, with a balanced sentiment among investors. This is supported by the analysis of various indicators and news in the market.
Looking at the Fear and Greed Indicators, the values for the latest dates show a consistent level of fear and greed sentiment, indicating a relatively stable market sentiment. The values for the Bitcoin Address Indicators also suggest a balanced activity in wallet addresses and balances, with no significant fluctuations.
Examining the Economic Events, the most relevant events in the past 24 hours have had a moderate impact on the market. These events include housing starts and permits, German Buba Mauderer speaking, and Treasury International Capital Net Long-Term Securities Transactions. While these events can influence market sentiment to some extent, they have not shown any clear direction for the overall market trend.
Market capitalizations and volumes of major cryptocurrencies have also remained relatively stable in the past 24 hours, with no significant variations. This indicates a lack of major buying or selling pressure in the market.
The analysis of exchanges shows mixed trends in trading volumes, with some exchanges experiencing slight declines while others maintain stability. This suggests a balanced trading activity among different platforms.
In terms of mining, the difficulty, mined blocks, block rewards, and hash rate have shown minimal variations, indicating a consistent level of mining activity in the cryptocurrency market.
Considering the positive and negative keywords mentioned in the news, there is a mix of sentiments. Positive keywords such as “bitcoin,” “crypto,” and “price increase” indicate positive market sentiment, while negative keywords like “hong kong,” “regulatory scrutiny,” and “crypto fraud” reflect some concerns and challenges in the market.
Important News
- XRP´s Rival Emerges: How Bitcoin Spark is Revolutionizing the Digital Payment Space – This news highlights the emergence of Bitcoin Spark as a potential rival to XRP in the digital payment space. The positive sentiment indicates the market’s interest in innovative payment solutions.
- Crypto Community Skeptical of Blackrock´s XRP Pivot Rumors – The skepticism surrounding Blackrock’s rumored pivot towards XRP indicates cautious sentiment among the crypto community. This news reflects the importance of monitoring institutional involvement in the market.
- TON Coin: The Rise of The Open Network´s Native Cryptocurrency – The rise of TON Coin, the native cryptocurrency of open networks, is a positive development in the market. This news highlights the potential of decentralized networks and their impact on the cryptocurrency ecosystem.
Positive Keywords
| Occurrences | Keyword |
|---|---|
| 16 | bitcoin |
| 11 | cryptocurrency market |
| 9 | september 17, 2023 |
| 7 | xrp |
| 6 | price increase |
| 5 | binance |
| 3 | bitcoin spark |
| 3 | crypto |
| 3 | cryptocurrency |
| 3 | ethereum |
Negative Keywords
| Occurrences | Keyword |
|---|---|
| 8 | cryptocurrency market |
| 7 | hong kong |
| 5 | jpex |
| 5 | price decline |
| 5 | september 17, 2023 |
| 4 | crypto |
| 3 | insights |
| 3 | north korea |
| 3 | polkaworld |
Fear and Greed Indicators
| Date | Value | Variation | Source |
|---|---|---|---|
| 18/09/2023 06:00:00 | 46pt | 0pt | Alternative.me |
| 18/09/2023 06:00:00 | 68pt | 0pt | BtcTools.io |
| 18/09/2023 06:00:00 | 46pt | 0pt | Coinstats.app |
| 18/09/2023 06:00:00 | 46pt | 0pt | LookIntoBitcoin.com |
| 18/09/2023 06:00:00 | 46pt | 0pt | Milkroad.com |
Bitcoin Address Indicators
| Date | Value | Variation | Address |
|---|---|---|---|
| 17/09/2023 00:00:00 | 1,096,784 | -0.14% | Bitcoin Active Addresses |
| 17/09/2023 00:00:00 | 12,423,715 | 0.07% | Addresses with Balance > 0.01 Bitcoin |
| 17/09/2023 00:00:00 | 4,485,340 | 0.04% | Addresses with Balance > 0.1 Bitcoin |
| 17/09/2023 00:00:00 | 1,019,524 | 0.02% | Addresses with Balance > 1 Bitcoin |
| 17/09/2023 00:00:00 | 157,171 | 0.01% | Addresses with Balance > 10 Bitcoin |
Economic Events
| Date | Impact | Event |
|---|---|---|
| 19/09/2023 12:30:00 | High | Housing Starts and Permits Permits – Annual Rate |
| 19/09/2023 12:30:00 | High | Housing Starts and Permits Starts – Annual Rate |
| 18/09/2023 21:00:00 | Moderate | German Buba Mauderer Speaks |
| 18/09/2023 20:00:00 | Moderate | Treasury International Capital Net Long-Term Securities Transactions |
| 18/09/2023 20:00:00 | Moderate | TIC Net Long-Term Transactions (Jul) |
Prices
| Date | Price | Price Variation | Cryptocurrency |
|---|---|---|---|
| 18/09/2023 00:00:00 | 26,527.51 | -0.12% | Bitcoin |
| 18/09/2023 00:00:00 | 1,622.48 | -0.73% | Ethereum |
| 18/09/2023 00:00:00 | 216.50 | 0.74% | Binance Coin |
Market Capitalizations and Volumes
| Date | Cryptocurrency | Capitalization | Capitalization Variation | Volume | Volume Variation |
|---|---|---|---|---|---|
| 18/09/2023 00:00:00 | Binance Coin | 33,301,477,713 | 0.76% | 436,744,387 | -11.76% |
| 18/09/2023 00:00:00 | Bitcoin | 517,241,786,085 | -0.04% | 4,789,980,536 | -39.41% |
| 18/09/2023 00:00:00 | Ethereum | 195,216,428,674 | -0.63% | 4,461,184,199 | 5.84% |
| 18/09/2023 00:00:00 | Tether | 83,068,058,628 | 0.03% | 11,010,447,559 | -13.77% |
Exchanges
| Date | Exchange | Volume | Variation |
|---|---|---|---|
| 18/09/2023 00:00:00 | Binance | 106,451 | -13.69% |
| 18/09/2023 00:00:00 | Binance US | 155 | -24.48% |
| 18/09/2023 00:00:00 | Bitfinex | 979 | -14.07% |
| 18/09/2023 00:00:00 | Bybit | 13,026 | -6.60% |
Mining
| Item | 18/09/2023 | 17/09/2023 | 16/09/2023 | 15/09/2023 |
|---|---|---|---|---|
| Difficulty | 54.15T | 54.15T | 54.15T | 54.15T |
| Difficulty Variation | 0.00% | 0.00% | 0.00% | 0.00% |
| Blocks | 808.20K | 808.05K | 807.89K | 807.71K |
| Blocks Variation | 0.02% | 0.02% | 0.02% | 0.02% |
| Reward BTC | 6.25 | 6.25 | 6.25 | 6.25 |
| Reward BTC Variation | 0.00% | 0.00% | 0.00% | 0.00% |
| Hash Rate GB | 401.08B | 417.23B | 503.37B | 436.07B |
| Hash Rate GB Variation | -4.03% | -20.65% | 13.37% | 9.88% |
Disclaimer – Informational Content, Not Investment Advice: Content provided herein is solely for informational purposes and should not be construed as a recommendation, endorsement, or suggestion to engage in any form of investment activity. The information presented in this post is not intended to serve as financial, legal, tax, or investment advice.
Author: CryptoTrends Team – With over five years of diving deep into cryptocurrencies and blockchain, we’ve cemented our position as experts in the digital currency realm. Our team has not only contributed to a multitude of pioneering blockchain projects but has also enlightened thousands with our incisive articles CryptoTrends. Always at the cutting edge of crypto trends, we proudly collaborate with CryptoBotStation, ensuring our readers stay one step ahead in this dynamic space.
