Kvarn X

Pulse

Read the latest news, market data and expert analyses from the world of crypto and macroeconomics - all the information you need to support your investment decisions.

The past week in the cryptocurrency market has been marked by strong upward trend. The price of the largest cryptocurrency, Bitcoin, rose by approximately eight percent, and the price of the second-largest cryptocurrency, Ether, increased by about nine percent. The total market cap of the rest of the crypto market (excluding major stablecoins) soared by an impressive twenty-five percent.
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The last week in the cryptocurrency market has been interestingly mixed. The price of the largest cryptocurrency, Bitcoin, fell by about two percent. In contrast, the price of the second-largest cryptocurrency, Ether, rose by about seventeen percent, and the total market cap of the rest of the cryptocurrency market (excluding the largest stablecoins) increased by about fourteen percent.
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The past week in the cryptocurrency market has mirrored the previous one with strong upward momentum. The price of Bitcoin, the largest cryptocurrency, rose by approximately 8%, and the price second-largest cryptocurrency, Ether, increased by about 2%. The total market cap of the rest of the cryptocurrency market (excluding major stablecoins) increased by roughly 10%.
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The past week has seen a very strong move up in the cryptocurrency market. The price of Bitcoin, the largest cryptocurrency, rose by approximately 21%, while price of Ether, the second-largest cryptocurrency, increased by about 13%. The total market cap of other cryptocurrencies (excluding major stablecoins) increased by about 22%.
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The most significant event in the crypto market over the past week was, of course, Bitcoin reaching a new all-time high (ATH).
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The past week has seen strong upward movement in the cryptocurrency market. The price of Bitcoin, the largest cryptocurrency, rose by about eight percent, while Ether, the second-largest cryptocurrency, gained around four percent. The combined market cap of the rest of the cryptocurrency market (excluding major stablecoins) increased by approximately one percent.
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During the past week, the crypto market has moved sideways without a clear trend. The largest cryptocurrency, Bitcoin, declined by about half a percent, while the price of the second-largest cryptocurrency, Ether, dropped by a little over three percent. In contrast, the total market cap of the rest of the crypto market (excluding major stablecoins) increased by approximately two percent.
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The past week has seen a strong surge in the cryptocurrency market. The price of the largest cryptocurrency, Bitcoin, rose by about ten percent. The price of the second-largest cryptocurrency, Ether, increased by around nine percent, and the total market cap of the rest of the cryptocurrency market (excluding major stablecoins) rose by approximately seven percent.
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During past seven days, the cryptocurrency market has moved sideways without a clear direction. Cryptocurrency prices rose over the weekend, peaking on Monday. Following this, prices dropped back close to the levels seen a week prior.
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Over the past week, the cryptocurrency market has moved sideways without a clear trend. The price of Bitcoin, the largest cryptocurrency, rose by about two percent, while Ether, the second-largest cryptocurrency, fell by about one percent. Total value of the cryptocurrency market (excluding the largest stablecoins) increased by approximately one percent.
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Last week has seen a sharp downward trend in the cryptocurrency market. The price of the largest cryptocurrency, Bitcoin, fell by about six percent. The price of the second-largest cryptocurrency, Ether, dropped by around eleven percent, as did the total market value of other cryptocurrencies (excluding the largest stablecoins).
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The last week has seen a downward trend in the cryptocurrency market. The prices of cryptocurrencies rose until Saturday, after which they turned sharply downwards. During the week, the price of the largest cryptocurrency, Bitcoin, fell by about three percent, and the price of the second-largest cryptocurrency, Ether, fell by about five percent. The total value of the rest of the cryptomarket (excluding the largest stablecoins) decreased by about two percent
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Last week has been an upward trend in the crypto market. The price of the largest cryptocurrency, Bitcoin, rose by about three percent, while the price of the second-largest cryptocurrency, Ether, increased by about eight percent. The combined total market cap of the rest of the crypto market (excluding the largest stablecoins) rose by around nine percent.
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Past week in the crypto market has seen a slight upward trend. The price of the largest cryptocurrency, Bitcoin, rose by about three percent, and the combined market value of altcoins (excluding ether and the largest stablecoins) increased by about five percent. On the other hand, the price of the second-largest cryptocurrency, Ether, fell by around two percent, contrary to the overall market trend.
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The price of the largest cryptocurrency, Bitcoin, fell by approximately four percent, price of the second-largest cryptocurrency, Ether, by about two percent, and the total value of other cryptocurrencies (excluding the largest stablecoins) decreased by about six percent.
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Last week has been marked by a downward trend in the cryptocurrency market. The price of the largest cryptocurrency, Bitcoin, fell by about two percent, and the price of the second-largest cryptocurrency, Ether, by about 4.5 percent. The total value of the rest of the cryptocurrency market (excluding the largest stablecoins) decreased by about 5.5 percent.
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The past week has seen a slight uptrend in the market. The price of the largest cryptocurrency, Bitcoin (BTC), increased by about four percent, while the price of second-largest cryptocurrency, Ethereum (ETH), rose by around two percent. Total value of the broader cryptocurrency market (excluding the largest stablecoins) (TOTAL3-USDT-USDC) rose even more, by about eight percent.
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After recovering from the sharp drop seen at the beginning of last week, the crypto market has spent the last week in a sideways movement with no clear direction.
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The financial markets saw quite a drop during Monday, as both the stock and crypto markets came down with a rush. The price of the largest cryptocurrency bitcoin, which was already in a downward trend, fell by about twenty percent in one day, falling below 50,000 dollars.
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During the last week, the crypto market has been on a strong move up. The price of the largest cryptocurrency bitcoin rose by approximately eight percent, the price of the second largest cryptocurrency ether by approximately five percent, and the total value of the rest of the crypto market by approximately seven percent.
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As Kvarn Pulse takes a slightly altered publishing schedule for July, in this newsletter we would like to offer some of our views on the prospects of the crypto market in the coming weeks.
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The last week has gone in a clear downward direction on the crypto market. The price of the largest cryptocurrency bitcoin (BTCUSD) fell by about seven percent, and the price of the second largest cryptocurrency ether (ETHUSD) by about five percent.
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Wednesday saw a particularly interesting day in macroeconomics. Consumer Price Index, which indicates about the development of consumer prices in the United States during May, was published in the afternoon, and later in the evening, the US Federal Reserve's Open Market Committee (FOMC) gave the latest decision regarding the central bank's interest rate.
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As expected, the European Central Bank announced on Thursday that it will lower its key interest rate. It was the ECB's first policy rate cut since 2019, and this decision can be seen as definitively ending the historic cycle of steep interest rate hikes, which was triggered by steep rise in inflation, triggered by the stimulus measures stemming from the corona pandemic.
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This time we look at the bull market of the last year and a half from a slightly different angle, through the lens provided by the relationship between the euro and the US dollar.
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The market reacted to the CPI figures with rally, and both the S&P 500 stock index and the Nasdaq index, which indicatess the performance of technology stocks, rose to new highs. The crypto market also reacted strongly positively, with bitcoin price rising about seven percent in 24 hours.
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The past week has seen crypto markets move sharply downwards. The price of the largest cryptocurrency bitcoin fell by about ten percent, the price of the second largest cryptocurrency ether by about seven percent, and the total value of the rest of the crypto market by about six percent.
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The last week has seen a slightly upward trend on the crypto market. The price of the largest cryptocurrency, bitcoin, rose by approximately five percent, the second largest cryptocurrency, ether, by approximately six percent, and the total value of the rest of the crypto market by approximately ten percent.
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During the last week, the crypto market has been in a strong downward direction. The price of the largest cryptocurrency bitcoin fell by approximately 12 percent, the second largest cryptocurrency ether by approximately 15 percent, and the total value of the rest of the crypto market also by 15 percent.
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Despite the strong days seen in between, the correction movement that started after bitcoin's new ATH in mid-March is not yet convincingly over.
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Bitcoin's strong price rally of the past few weeks reached a significant milestone on Tuesday, as the price briefly crossed the previous all-time high (ATH) of $69,000.
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