{"id":133061,"date":"2024-07-14T08:30:18","date_gmt":"2024-07-14T05:30:18","guid":{"rendered":"https:\/\/cryptodnes.bg\/en\/?p=133061"},"modified":"2024-07-16T14:10:01","modified_gmt":"2024-07-16T11:10:01","slug":"ark-invest-trims-coinbase-holdings-before-q2-report","status":"publish","type":"post","link":"https:\/\/cryptodnes.bg\/en\/ark-invest-trims-coinbase-holdings-before-q2-report\/","title":{"rendered":"Ark Invest Trims Coinbase Holdings Before Q2 Report"},"content":{"rendered":"

This decision follows a drop in Bitcoin<\/a><\/strong> prices and negative market sentiment, which led to lower trading volumes on Coinbase. The stock has averaged around $230 over the past six months.<\/p>\n

The Crypto Fear and Greed Index dropped to 25 (extreme fear) from 70 (greed), with Bitcoin and other cryptocurrencies hitting their lowest levels since February.<\/p>\n

Despite this, there is optimism for a recovery due to potential Fed rate cuts in September. Historically, the third quarter is slow for crypto markets, explaining ARKF\u2019s recent selloff.<\/p>\n