Market Guide: The US Dollar Drives the Market
2026-08-21 18:00:17
According to CoinMeta, the market guide published by Glassnode Insights indicates that the US dollar has played a significant role in driving the crypto market. The current comprehensive rating is 25/100 (defensive), which is an improvement from 21 a week ago and 22 a month ago, and it has remained in a risk-averse state for eight consecutive trading days. The long-term decline of the US dollar has provided support for the market; the current spot price is close to $63,900, which represents a premium over the average cost benchmark of $52,800. The daily net inflow of US spot ETF remains at $95 million, showing a positive trend for the eighth consecutive trading day.
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Source:Internet
This content is for market information only and does not constitute investment advice.