Data shows Bitcoin and altcoins at risk of a 20% drop to new yearly lows - Cointelegraph

The total crypto market cap dropped to the $1 trillion support. Weak stablecoin demand and the funding rate reflect negative sentiment.

After the rising wedge formation was broken on Aug. 17, the total crypto market capitalization quickly dropped to $1 trillion and the bulls' dream of recouping the $1.2 trillion support, last seen on… [+5310 chars]

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