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Crypto Update | Binance Congestion, Long-Term Bitcoin Accumulation, Gold Rush and Bitcoin's Latest Trends

Markets Outlook

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The Coin Desk Market Index: Cryptocurrency and the Pepe Crash

More than $62,300 Ether worth about $116 million have been burned over the past seven days alone. Both BTC and ETH haven't tested near-term support since the rally we saw in mid-March. In Asia, stocks are mixed, with Hong Kong saying Senginex leading the losses at 2.1%. And the Shanghai Composite Index lost 1.1% while Japan's Nikai 225 bucked the trend and gained 1%.In commodities markets, Brent crude, the global benchmark for oil, lost 1.25%, trading at $76 per barrel. Gold, meanwhile, gained just under 1.3% of a point, trading at $2,036 per troy ounce

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