08/02/2022
⭕️ Feb 8, 2022 Crypto Market Report
➡️ Marketcap Rm8.31 Trillion (-2.00%)
➡️ 24h Vol Rm738.18 Billion (+34.81%)
➡️ BTC Dominance 41.29% (+0.63%)
- price rallied above the 45,000 resistance zone before correcting lower.
- failed to stay above USD 3,200, is consolidating near USD 0.85.
- and are 9% and 19%, respectively.
⚡️ Cryptonews:
- New measures would involve tax hikes on electricity, a crackdown on unregistered , a tax on mining hardware, and VAT charges on mining-related equipment sales.
- If imposes a tax on transactions that involve , it could reportedly generate 13.3bn in revenue for the state budget.
- If history is a guide, February should be better for investors, according to Kraken.