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Crypto Pulse Daily: Crypto Braces for Volatility Ahead of Key Macro Events

Crypto Moves Faster. Stay Ahead With Bold Insights, Every Day.

Michael Saylor has insisted that Strategy was built to withstand extreme market declines. He said the treasury firm was built to survive up to 80-90% of a Bitcoin crash. 

Bitcoin, Ethereum, XRP and other altcoins pare gains as the crypto market braces for another potential selloff. New macro jitters are unlocking ahead of key events such as Nvidia earnings, FOMC minutes release, and Nonfarm payroll jobs data this week..

The cryptocurrency market is very weak right now and the Fear and Greed Index is currently pointing to “Extreme fear.” It is moments like these that make high-caps quite unlikeable, pivoting capital to low to mid-cap assets that continue to show promise.

Such is the tale of FUNTOKEN. A crypto whose narrative is essentially a concoction of utility and memes has continued to topple market expectations and show growth on the intraday charts that no one expects. Granted that much of the growth has been the result of clever tokenomics, but that still unveils the strength that this project possesses.

CRO, STRK & MYX rallied today as the broader crypto market attempted a modest recovery. The three tokens gained momentum despite recent consolidation, showing stronger interest from traders. 

The market registered an increase of 0.88% in the last day following a series of high losses in a few weeks. Bitcoin price hovered over $91,000, and Ethereum Price remained over $3,000 as it continued to consolidate. Most altcoins performed laterally, but these two outstanding performers generated new demand.