$104,765.00
-0.13%$2,500.72
-0.35%$2.15
0.91%$643.19
0.35%$149.15
4.41%$0.99977
0.01%$0.272327
0.64%$0.172245
-2.48%$2,501.90
-0.24%$0.62287
0.73%$104,892.00
-0.06%$40.36
2.71%$3,007.80
-0.57%$2.98
3.36%$460.47
8.62%$13.03
-0.09%$9.26
2.00%$0.255527
0.44%$18.83
-0.34%$2.95
0.46%$0.00001185
-0.95%$0.999898
0.02%$2,502.97
-0.21%$2,670.64
-0.48%$85.27
0.45%$0.15138
-0.92%$1.00
0.01%$1.00
0.02%$312.99
1.39%$3.75
0.15%$39.54
1.15%$4.51
-0.15%$104,721.00
-0.19%$0.00001085
0.64%$0.595837
-0.59%$7.00
-2.91%$267.87
-1.95%$1.18
0.00%$358.01
-0.42%$51.50
0.16%$1.00
0.00%$5.37
-1.56%$4.45
0.54%$0.089808
-0.74%$2.18
-0.42%$32.84
15.59%$180.48
4.57%$16.41
-1.07%$0.778083
0.36%$1.055
0.01%$1.002
0.16%$0.614388
-3.34%$16.67
-0.84%$9.91
-0.50%$4.45
0.03%$0.072062
-1.06%$0.02197022
0.44%$0.086085
-0.94%$4.02
-0.91%$104,913.00
0.07%$0.294707
1.67%$0.195903
-0.43%$0.674264
2.63%$3.39
1.69%$2.38
-1.11%$0.321008
-2.96%$0.960832
-0.32%$0.999209
-0.10%$105.66
2.37%$4.41
1.60%$2,505.72
-0.06%$0.99344
-0.69%$0.171662
-2.14%$0.999794
-0.02%$11.16
-0.59%$1.43
4.77%$157.97
4.62%$0.420618
4.03%$0.0179804
-1.66%$1.21
0.33%$1.81
0.93%$2,848.91
-0.16%$1.16
1.80%$2,618.49
-0.30%$1.70
-3.73%$0.00001469
0.77%$11.08
-2.42%$0.325152
-2.55%$0.999933
-0.03%$3.48
-2.52%$1.001
0.16%$0.578476
-1.84%$0.174052
0.19%$0.999512
0.00%$0.059077
-1.12%$0.60919
-1.74%$2,674.58
-0.18%$0.01461417
7.19%$2,623.66
-0.57%$104,575.00
-0.32%$0.148501
0.70%$644.20
0.57%$104,584.00
-0.09%$3,459.57
-0.19%$3,483.10
-0.10%$2,630.51
-0.36%$0.447958
-1.41%$0.829953
0.40%$107,123.00
0.00%$0.085266
-1.24%$0.518125
-0.57%$0.577696
-1.61%$166.70
4.60%$0.00007666
-0.49%$2.29
-1.73%$194.18
4.66%$2.15
12.79%$0.797082
-0.85%$111.43
0.00%$2,702.05
-0.33%$43.06
-1.22%$0.684559
-1.49%$0.99937
-0.02%$1.11
0.02%$20.01
-0.06%$0.01468618
-1.25%$0.00000066
0.08%$0.167146
-0.09%$0.258207
-1.55%$0.01288663
0.29%$30.98
0.84%$0.998027
0.03%$0.456465
1.61%$40.34
2.61%$0.00963896
1.66%$2.09
3.17%$0.104118
1.18%$104,452.00
0.06%$0.71553
2.55%$1.094
0.01%$3.61
-2.29%$0.58001
1.75%$0.549737
-1.33%$0.998708
0.03%$2,500.36
-0.31%$0.34661
-0.24%$2,501.06
-0.25%$105,087.00
0.22%$0.204929
-3.87%$0.656995
-2.89%$2,619.88
-0.00%$1.49
1.37%$2,674.42
-0.21%$104,824.00
-0.06%$0.467234
1.29%$2,503.34
-0.19%$8.68
-1.96%$0.999099
0.10%$0.257032
-1.51%$51.09
-2.40%$40.34
1.89%$1.60
2.93%$0.421451
1.47%$2.44
-0.26%$0.062143
2.99%$0.172383
-2.27%$0.01302326
0.92%$0.04417382
3.11%$0.999715
0.00%$1.00
0.05%$1.38
0.01%$0.427226
4.59%$0.00000042
1.78%$37.46
1.51%$1.09
0.00%$0.999834
-0.00%$0.991081
-0.81%$0.509201
0.18%$0.00002005
-1.86%$0.394595
-2.37%$0.33087
-2.09%$13.68
-0.64%$0.115361
-1.83%$5.44
-1.19%$5.83
-2.60%$2,664.71
-0.15%$1.23
1.76%$1.001
-0.05%$0.517886
-0.56%$0.03803107
-4.00%$2,493.10
-0.57%$0.0040587
3.55%$0.073193
-0.00%$0.142481
-2.25%$2.28
-0.96%$0.00628275
2.02%$0.00361561
2.57%$2,756.58
-0.28%$0.00000089
2.01%$1.047
-1.88%$0.0357214
-0.41%$0.344189
1.50%$0.164497
4.41%$0.137141
1.21%$0.01776175
-0.94%$104,767.00
0.02%$2,733.73
-0.31%$1.37
-1.85%$1.20
0.15%$104,298.00
-0.30%$0.00402586
-0.44%$2,502.47
-0.22%$0.805585
-9.56%$0.00005931
1.09%$0.03251196
1.05%$19.59
0.48%$0.767108
0.64%$0.483982
-0.34%$162.33
4.31%$0.998889
-0.01%$0.00000154
4.33%$0.999629
0.13%$0.00370749
2.34%$0.999642
-0.02%$0.066578
1.62%$0.314125
3.32%$115.19
2.92%$0.00572771
1.11%$2,498.58
-0.35%$0.01908446
1.94%$1.012
1.10%$0.195854
-0.57%$1.77
7.28%$18.82
-0.31%$0.999867
0.01%$104,863.00
0.02%$6.74
0.12%$0.61513
-0.83%$1.018
-0.00%$0.605088
-0.86%$2,104.53
-0.10%$0.1907
-0.73%$101,349.00
-1.34%$8.87
0.95%$102,650.00
0.15%$0.430557
1.96%$0.00282367
2.43%$0.0036399
0.16%Reading
It’s another ugly day for markets everywhere. Stocks and cryptocrypto alike are crashing following news yesterday evening that President Donald Trump is limiting EU travel as the threat of the deadly coronavirus intensifies.
BitcoinBitcoin dropped to $6,000 per coin—losing $2,000 in value within 24 hours and hitting its lowest price since last May.
Total market cap for all cryptocurrencies fell to as low as $164 billion this morning—down from $224 billion the previous day. That’s a drop of more than one quarter—26.7 percent—within a matter of hours.
All in all, crypto has lost a staggering $100 billion in market capitalization in six days. More than a third of the market has been wiped out since Saturday,
For example, Bitcoin’s closest competitors, Ethereum and Ripple, are each down around 20 percent today. Ethereum is currently trading for around $141 per coin, while XRP is priced at a mere $0.16.
Today marked a bloodbath across the entire global financial system. The growing spread of coronavirus, plummeting oil prices, and fears of recession led to one of the biggest market sell-offs in recent history. Both the US equities and crypto markets drop significantly. So what do the experts have to say about it? The founder of crypto intelligence firm Messari Crypto, Ryan Selkis, published a dark take on Sunday night in a long Medium post titled “RIP Moon Times.” According to Selkis, “the coro...
Meanwhile, the stock market is also suffering, with the Dow having fallen by more than 2,000 points during the early morning. It’s worst one-day drop for the stock market since 1987, according to CNBC. Oil is once again down to $30 per barrel—a fall from $32 at yesterday’s close.
But while it all may seem grim, ShapeShift CEO and early Bitcoin adopter Erik Voorhees is offering hodlershodlers a bit of encouragement:
Bitcoin still up 50% YoY. Probably the only asset in the world.
— Erik Voorhees (@ErikVoorhees) March 12, 2020
Disclaimer
The views and opinions expressed by the author are for informational purposes only and do not constitute financial, investment, or other advice.
After missing a couple of beats in late May and early June, BlackRock's iShares Bitcoin exchange-traded fund (IBIT) returned to its previous searing form last week, totaling about $1.1 billion in net investments. The fund has been one of the great investment success stories, cracking $70 billion in assets under management in just 341 days, faster than any of the thousands of funds in the ETF industry's 32-year history. IBIT's popularity reflects not only of the $11.6 trillion asset management gi...
The top meme coin by market cap, Dogecoin, is diving lower amid a broader market sell-off, dropping nearly 6% in the last 24 hours as tensions between Israel and Iran flare following Israel’s airstrikes late Thursday. The dog-themed meme coin leader is now trading below $0.178, down 23% over the last month and more than 75% from its all-time high of $0.73 in 2021. The meme category as a whole is underperforming major assets, dropping 9.5% in the last 24 hours compared to 2.6% and 8% for Bitcoin...
The Middle East is again at war, with rising tensions between Israel and Iran spooking markets and sending prices for both traditional and crypto assets, such as Bitcoin and Ethereum, tumbling to weekly lows. Is it time to panic for Bitcoin investors? The data currently doesn’t support that view. Bitcoin dropped 4.5% in the past 24 hours to trade at $104,343, while Ethereum crashed 8.2% to $2,552 as escalating Middle East tensions sparked a massive risk-off move across cryptocurrency markets. Th...
