The crypto market saw a broad pullback today, with BTC briefly dipping below $81,500 and ETH falling under $2,500. Events such as uncertain prospects for a Russia-Ukraine energy ceasefire and attacks on oil tankers in the Strait of Hormuz have heightened energy supply concerns, temporarily driving Brent crude up to $107.25/barrel and WTI crude above $94/barrel. Rising oil prices, combined with the upcoming release of US CPI and PPI data this week, have brought inflation expectations back into focus.
Meanwhile, sell-offs in memory chip stocks triggered sharp declines in the South Korean stock market along with forced margin liquidations; Tom Lee noted that related deleveraging pressures could spill over into the crypto market.
According to CoinGecko data, BTC is currently trading at $82,364.84, down 2.8% over the past 24 hours; ETH is currently trading at $2,460.86, down approximately 4.6% over the past 24 hours.
Tokenlon supports single transactions of up to 1,000 ETH/USDT or 100 WBTC, with support for over 150 tokens on ETH mainnet. For larger trades, Tokenlon web features Smart Order Routing and Limit Orders, effectively reducing slippage and meeting the diverse needs of both high-net-worth individuals and everyday users. Choose Tokenlon as your one-stop decentralized exchange for full self custody of your on-chain assets, and highly secure execution.
Tokenlon supports trading on multiple chains. Simply navigate to the Market page in the latest imToken wallet version, 2.20.0, to start trading.
Tutorial
Tokenlon Multi-chain swap tutorial
How to use Tokenlon instant swap
How to use limit order on Tokenlon
Note
Digital assets are highly volatile and unpredictable, do your research before trading.