Bitcoin failed to produce any notable gains over the past week, and the same can be said about the entire cryptocurrency market. It appears that the most recent regulatory clampdown in China and talks of legislation in other countries continue to take their toll.
At the time of this writing, BTC is trading at around $33,500, which is more or less exactly where it was last Friday. It started pushing forward over the past weekend, but the advance was halted on Monday, at around $36K, when bears once again stepped in and brought the price down.
Most altcoins are more or less in the same boat as BTC, with ETH charting insignificant gains of around 2%, ADA – 2%, DOT – 2%, and so forth. There are a few exceptions, however. On the negative side, DOGE is down about 11%, but on the flip side – BNB is up over 9%, whereas UNI surged by almost 20%.
In general, the sentiment remains rather negative. According to the Fear and Greed Index, the market is presently riddled with extreme fear – a
Źródło: https://cryptopotato.com/crypto-regulations-in-the-news-as-bitcoin-amid-30k-the-weekly-market-recap/
