$84,297.00
0.74%$1,588.17
-0.59%$2.08
-0.73%$583.81
0.32%$131.89
4.43%$0.999983
0.01%$0.245984
-2.32%$0.155927
0.42%$0.61477
-0.17%$1,585.61
-0.73%$84,311.00
0.80%$9.44
1.09%$12.42
0.36%$18.93
0.06%$2.95
1.66%$0.236353
-0.15%$1.00
0.00%$0.00001195
1.83%$1,906.31
-0.41%$2.06
-1.94%$0.157444
-0.24%$331.05
3.77%$74.75
-2.07%$3.58
0.58%$16.09
5.73%$4.32
1.51%$0.999552
-0.05%$0.999323
0.03%$1,589.93
-0.42%$0.61322
-1.51%$219.65
1.03%$27.76
0.42%$1,692.92
-0.46%$84,264.00
0.67%$5.21
-0.69%$51.65
-1.13%$0.00000711
-0.28%$4.64
-0.96%$22.50
0.35%$33.65
-0.61%$0.830845
-0.14%$1.048
0.06%$1.00
0.00%$1.97
-3.97%$0.697926
-0.92%$4.71
-1.97%$0.082959
0.06%$14.87
-0.75%$1.17
0.01%$135.59
-0.28%$232.23
-0.81%$0.076084
0.48%$0.022206
-1.90%$3.67
-0.86%$4.22
0.68%$4.02
-0.72%$84,122.00
0.77%$0.998345
-0.05%$2.40
-1.58%$0.181457
-0.77%$0.17912
-1.99%$7.72
-2.60%$0.271589
-1.97%$0.466273
-1.77%$3.80
1.72%$2.28
-6.86%$84,211.00
0.92%$0.280025
-1.08%$10.29
-0.97%$0.461815
-0.45%$1,350.39
-0.99%$0.070761
2.27%$137.92
4.51%$0.999988
0.03%$3.97
-2.55%$0.639407
-1.07%$0.363979
0.70%$1.022
0.80%$1,588.01
-0.67%$64.80
-0.27%$0.01482927
-2.84%$1,655.88
-0.40%$0.610507
1.83%$0.00001181
-1.10%$0.901537
5.86%$0.582703
-0.38%$0.692768
-3.57%$0.1684
-1.45%$0.999778
-0.06%$1.00
0.04%$3,349.73
2.01%$0.62423
2.20%$583.79
0.21%$0.999868
0.02%$13.72
1.37%$3,357.53
2.22%$1,792.44
-0.55%$7.72
-1.35%$83,809.00
0.87%$0.076462
-2.56%$0.406498
0.42%$0.997785
0.00%$84,207.00
0.70%$0.693484
-9.63%$0.01368488
-3.96%$2.24
6.54%$3.59
7.42%$145.35
4.46%$0.635369
-5.52%$0.999464
0.02%$1,689.21
-0.39%$0.687738
-1.13%$169.49
4.50%$0.0137513
-3.79%$0.244698
-1.67%$0.00000061
-0.15%$1.10
-0.35%$0.01766309
-5.45%$0.240813
-11.91%$0.588423
9.59%$0.099571
-1.05%$0.155909
-1.81%$27.97
0.27%$0.346249
0.52%$0.00005422
-0.22%$1.79
-3.57%$3.20
2.34%$0.489073
-2.97%$0.40557
-2.42%$1.58
-3.10%$85,260.00
2.70%$31.14
-1.79%$0.265058
-2.06%$1,662.53
-0.53%$0.998878
0.02%$0.999976
0.01%$0.067767
-0.89%$82,152.00
1.33%$1.69
1.09%$0.429156
0.69%$13.78
-1.33%$0.999983
0.01%$0.125009
-0.36%$2.05
10.31%$0.00466319
-0.51%$84,270.00
0.68%$0.451817
0.35%$0.549346
-0.63%$0.00000042
-1.62%$3.77
-2.66%$1.00
0.26%$1.08
0.00%$110.71
0.01%$1,655.53
-1.29%$0.156219
0.77%$1.12
1.21%$0.0068282
-5.13%$5.47
-1.32%$83,087.00
-0.29%$1,689.67
-0.39%$13.58
-1.65%$84,096.00
0.74%$0.00001907
-2.65%$0.376507
-1.47%$22.97
-0.44%$0.999838
0.00%$1,588.43
-0.10%$39.32
-1.80%$1,588.31
-0.71%$0.999581
-0.06%$0.53473
-3.52%$2.17
-1.26%$0.119097
-5.76%$0.131122
2.01%$1,588.18
-0.71%$1,589.35
-0.65%$0.03532545
-3.16%$1.001
0.06%$0.999603
0.02%$0.413898
-0.21%$0.064111
-5.71%$4.94
-3.86%$0.998759
-0.37%$0.161129
2.51%$0.01664074
-2.12%$0.999731
-0.03%$0.03181708
-5.29%$0.387862
-1.82%$0.00005773
0.65%$0.179167
-1.93%$0.744322
-0.48%$0.03044618
-0.93%$0.714864
-1.31%$0.483349
2.41%$3.78
-2.50%$0.065788
-4.98%$0.255488
0.10%$1.00
0.10%$0.0056467
-2.29%$0.00348914
-2.15%$1.00
-0.01%$0.00456094
0.44%$1,601.67
-0.69%$108.74
-0.55%$0.00000135
-0.20%$84,270.00
0.79%$3,230.01
0.01%$0.284594
-4.75%$0.127929
-8.65%$84,263.00
0.98%$2.34
-4.37%$1.025
-2.39%$0.253832
-0.30%$1,570.29
-0.58%$2.72
-0.99%$0.555408
-2.01%$20.23
-0.96%$3.81
2.33%$0.199271
-3.90%$0.248611
6.16%$0.999942
0.00%$0.03519958
6.41%$1,587.91
-0.64%$0.236836
-4.46%$0.00038769
2.26%$21.18
-1.65%$1,676.80
-0.59%$0.50891
-4.26%$0.165785
-1.68%$1,692.91
0.71%$0.02683057
-1.35%$18.87
-0.60%$0.451112
-3.08%$0.396219
-5.31%$0.998751
-0.09%$0.095574
-1.40%$0.01105411
-0.14%$1,740.34
-0.71%$0.00240571
-11.60%$1.14
0.45%$1.00
0.01%$84,100.00
0.77%$1,728.11
-0.36%$0.615457
-3.71%$2.62
-0.88%$1.95
-0.60%$0.859515
-2.11%$0.241056
1.02%Reading
Several key cryptocurrencies fell dramatically Sunday evening as traditional markets dropped heading into a new trading week.
Bitcoin (BTC), Ethereum (ETH), XRP, Cardano (ADA), Solana, and meme coin Dogecoin (DOGE) all saw values fall sharply within a two-hour window as the sun set on the U.S. East Coast, many logging drops of over 3% over the prior 24 hours.
Bitcoin fell to $19,617 on Sunday evening, below the last dip to $19,323 seen on July 13, according to CoinGecko. The decline continued a slide that began Friday, which brought brief hope of a recovery when BTC bumped briefly north to $21,743.
Bitcoin (BTC) continued its bearish action on Friday night and slipped below the key $20,000 mark to $19,907, according to CoinMarketCap. It's a monthly low for August and the first time Bitcoin went below $20k since July 14. The top cryptocurrency has been in free fall since Federal Reserve Chair Jerome Powell’s remarks in Jackson Hole about raising interest rates further to control raging inflation. The market capitalization of Bitcoin has tumbled from $1.27 trillion in November 2021 to under...
Ethereum, meanwhile, dipped to $1,431, a low not seen since July 26. Similarly, Dogecoin fell to $0.06154, where it was during coming out of another dip that same day, per CoinGecko.
Things didn't look much better for the sixth, seventh, and eighth largest cryptocurrencies by market cap. XRP fell to $0.3217, Cardano (ADA) to $0.4279, and Solana to $30.15, according to CoinMarketCap. That marks new lows over the past year for Cardano and Solana, and leaves XRP dancing near its 365-day low of $0.31 seen in June.
The declines come as financial analysts and commentators predicted a rough Monday on the stock market. Trading platform provider IG Group reported distinct "jitters in the U.S. futures market" on Twitter, advising investors to "get your tin hats on."
Disctinct jitters in the US futures markets here....#DOW 31996 -0.90%#SPX 4014 -1.08%#NASDAQ 12430 -1.42%#RUSSELL 1868 -1.24%#FANG 5331 -1.40%
Get your tin hats on.
— IGSquawk (@IGSquawk) August 28, 2022
Many attributed the slide to fears of aggressive U.S. Federal Reserve rate hikes promised by Powell last week. The market closed down across the board on Friday, CNBC reported, with the Dow Jones Industrial Average falling over 1,000 points.
At least some of that downward pressure appears to have carried through the weekend.
And we are off… pic.twitter.com/MKKO5Kq59C
— Tom Hearden (@followtheh) August 28, 2022
The stock market activity tracker on the website of Nasdaq, the largest online securities trading marketplace, showed red, downward-pointing arrows across the board twelve hours before the U.S. stock market was set to open on Monday.
There’s a wry humor in the fact that Bitcoin has at times been very closely correlated with traditional markets. Bitcoiners generally prefer that BTC not have a high correlation with traditional assets, like stocks and bonds. After all, one of the core tenets of the world’s largest cryptocurrency by market capitalization—$379 billion as of this writing, according to CoinGecko—is that it bypasses traditional finance. That’s why self-avowed Bitcoin fans, like Gemini co-founder Cameron Winklevoss,...
People moving on from the “speculative bubble” that is crypto, NFTs, and meme stocks is a positive sign for the U.S. economy, according to Wall Street heavyweight Ken Griffin. Miami-based trading firm Citadel Securities’ founder said in a Wednesday interview with CNBC that government handouts in 2020, in response to the COVID-19 lockdowns, led to investors pumping their cash into “speculative assets” like NFTs, crypto, and meme stocks. So-called meme stocks, shares of companies that gain a fol...
Institutional investor Bitcoin sentiment turned pessimistic on Friday as short Bitcoin inflows hit an all-time high, according to a new report from CoinShares. Short Bitcoin funds give investors exposure to derivatives, like futures and options, that bet against the price of Bitcoin. While investors can enter into those contracts directly, the CoinShares report tracks the flow of funds for exchange-traded products. By the end of last week, short Bitcoin investment products hit an all-time high...
