There was a five point jump in sentiment but no change in $BTC (+0.29%) which is still trading at 20.1k. The was a brief drop yesterday, falling to 19.7k but that was recovered quickly.
The top 100 is far more in the green as we head into the weekend, but the outsiders, $CEL (-0.36%) and $USTC (why exactly?) are the biggest movers overnight.
Have a good weekend!
We keep on falling in sentiment, but slowly. $BTC (+0.29%) has weekend-levelled out for a short while at 21.2k which puts more people at a current loss thus slowing the decrease slightly. This also slows the recovery a little more too as even slight movements now put some pockets in near-term profits. Conversely the alt-market, although largely red did have a few stand-outs in the top 100. $EOS (+0.55%) lead the charge with an 8% rally, $CHZ (+0.56%) and $QNT (+0.01%) both topped over 6% and $XMR (-0.38%) and $DCR (-3.44%) both added 4%.
(none of them are in my portfolio, grml)
The other end saw $CEL (-0.36%) drop by around 10% overnight and is now trading at $2.50. $APE (+0.42%) fell below the $5 mark and is holding at $4.98 currently, 26% down on the last 7 days.
Are we going to see a nice recovery next week?
For crypto to continue to spread and gain traction we’ve got to bring the next 100m people into the crypto community. In order to do that, real products built by real teams have to provide real utility to the public. We’re building Celsius to bring a new wave of financial products to the market designed, for the first time, to always do what’s in the best interest of its members instead of trying to make as much profit as possible. Members will be able to borrow USD against their crypto holdings in their wallet which will be used as collateral. Our goal is to allow anyone who’s in need of cash to easily borrow from the Celsius platform without having to sell their crypto holdings. In the future, through the Celsius Network, cryptocurrencies deposited by members into their Celsius Wallet will be available on the network for immediate borrowing and shorting.
