$94,333.00
-0.40%$1,804.06
0.67%$2.20
0.47%$607.82
0.77%$149.08
-1.35%$0.999995
0.00%$0.18144
-0.06%$0.707667
-1.61%$0.252511
3.87%$1,802.17
0.73%$94,217.00
-0.45%$3.47
-3.03%$14.88
-0.88%$21.99
-1.91%$0.289888
1.78%$9.08
1.98%$3.33
3.46%$0.00001418
2.14%$0.19158
-3.03%$2,160.91
0.64%$0.999874
0.00%$359.12
-4.59%$87.29
0.92%$4.28
0.14%$17.90
-2.07%$1.001
0.01%$4.40
-0.67%$1,802.08
0.74%$0.999711
0.02%$0.648486
0.71%$229.46
0.29%$29.34
1.36%$1,921.37
0.77%$0.00000915
4.85%$94,326.00
-0.43%$5.81
-1.15%$5.61
1.39%$52.65
-0.38%$0.996374
0.16%$2.61
0.21%$15.40
15.18%$343.72
-3.45%$5.26
-0.04%$22.54
-2.59%$1.049
0.04%$0.10038
-3.43%$17.12
-0.14%$32.18
-0.67%$1.00
0.00%$168.16
0.72%$0.091602
0.01%$0.741659
0.15%$0.02692439
0.12%$4.43
0.36%$0.247672
0.05%$1.17
0.02%$4.70
2.65%$0.773482
11.61%$0.358574
-0.07%$0.230314
0.49%$94,089.00
-0.26%$2.86
1.66%$4.28
0.18%$2.88
1.72%$0.535096
0.78%$0.35035
1.63%$0.999134
-0.02%$4.11
-0.51%$1.14
16.80%$0.0000188
19.20%$94,156.00
-0.60%$0.837798
4.24%$0.480755
-0.93%$10.54
-0.26%$0.847028
-3.15%$1,509.12
1.11%$156.07
-1.38%$0.07502
0.11%$0.620229
4.24%$1.12
0.05%$75.22
0.04%$1,803.56
0.66%$4.01
1.09%$0.01654635
0.44%$1.042
-1.14%$1,876.71
0.67%$0.203471
-0.78%$0.679634
-1.13%$10.18
0.62%$0.102281
1.14%$1.001
0.01%$607.75
0.77%$0.664492
-4.21%$0.999948
-0.00%$0.01796307
-2.96%$2,035.85
0.80%$1.00
0.02%$2.83
6.68%$3,316.29
0.49%$40.90
-9.07%$1.00
-0.03%$93,189.00
-1.16%$0.21165
1.25%$3,314.13
0.47%$0.00008114
4.97%$0.01764909
2.01%$0.859563
0.70%$4.24
1.63%$0.00000078
11.57%$191.78
-1.44%$164.18
-1.35%$0.307866
0.58%$94,312.00
-0.30%$13.11
0.01%$0.74313
0.41%$0.722852
-1.48%$1,917.36
0.66%$94,891.00
2.08%$1.067
17.48%$2.12
1.58%$0.115245
-0.46%$0.068443
23.65%$0.01989527
-6.31%$0.997892
-0.00%$0.653797
4.36%$0.52361
-4.67%$0.410568
1.28%$0.999618
0.05%$0.325595
-2.18%$0.244919
4.29%$18.07
-2.17%$1.11
0.87%$1.84
0.45%$0.161702
-0.65%$0.562074
0.55%$1,887.72
0.80%$0.00903032
2.79%$3.45
-5.62%$0.595951
-0.21%$0.00592812
0.05%$33.86
-1.43%$0.464384
27.55%$2.49
0.58%$0.00915599
1.78%$0.63523
2.09%$0.665294
1.45%$0.522314
1.85%$0.459739
-0.57%$0.998743
0.00%$17.40
-0.79%$1.39
1.56%$1.00
0.00%$94,865.00
0.00%$0.067334
-0.39%$94,251.00
-0.42%$1.74
-1.88%$0.00002371
-4.91%$1,891.95
1.09%$90,647.00
-0.83%$7.11
1.48%$0.181288
-0.01%$0.999995
0.00%$0.157773
2.51%$6.37
-1.78%$0.557465
6.30%$0.247904
0.23%$110.83
0.02%$94,101.00
-0.59%$0.00000043
1.94%$0.168928
-2.80%$2.60
-0.38%$1,804.49
1.00%$0.079795
0.02%$1.084
0.00%$0.089079
6.40%$0.999524
-0.16%$1,803.56
0.65%$3.70
-0.01%$0.04232015
0.67%$43.72
-0.23%$0.398828
1.65%$1,918.04
0.71%$1,803.02
0.61%$1.00
-0.03%$0.00555579
26.61%$0.00715846
2.54%$1,804.17
0.71%$0.573126
0.50%$21.67
-0.12%$0.0000652
0.94%$0.00416594
0.25%$0.999568
-0.16%$0.370243
2.02%$0.830127
0.73%$0.01772732
2.92%$0.128183
-3.13%$0.167522
-4.21%$1,847.27
0.65%$2.95
3.71%$0.718624
6.31%$0.999517
-0.10%$0.03251988
2.73%$0.999983
0.01%$1.00
-0.01%$1.27
1.32%$28.48
1.99%$0.689561
-1.34%$0.99942
-0.04%$0.252147
0.51%$94,184.00
-0.30%$1.26
7.12%$3.70
0.76%$113.36
0.47%$0.697425
0.69%$0.139949
4.99%$1,784.95
0.63%$94,202.00
0.76%$0.287192
2.03%$0.0000014
-2.86%$0.202801
4.21%$0.00277497
40.74%$0.99997
0.05%$22.46
0.28%$0.00368685
6.74%$2.88
-0.61%$16.33
0.95%$0.00259312
9.08%$1,906.20
0.69%$0.114322
0.46%$0.239358
6.79%$0.524557
-0.72%$0.999165
2.31%$0.03802566
0.46%$1,803.03
0.77%$0.0131751
0.62%$3,319.49
0.76%$0.458777
2.54%$0.00000066
9.44%$0.764054
0.63%$0.999739
0.01%$17.91
-2.47%$0.00285844
4.27%$1,893.60
-0.47%$0.02987559
1.50%$0.617217
8.10%$22.01
-1.81%$0.00277272
2.17%$1.097
0.02%Reading
The vast majority of cryptocurrencycryptocurrency markets have just crashed and both Coinbase and Binance are experiencing issues with their services.
After reaching a peak market capitalization of over $406 billion last night, the cryptocurrency market entered into a slight downtrend, which picked up significant momentum just hours ago. Now, the total market capitalization of all cryptocurrencies has fallen to $382 billion—down 6.1% in the last day.
Practically all major cryptocurrencies were hit hard by the dump. Despite reaching over $12,000 yesterday, Bitcoin is now trading at just $11,362 and has lost 4.5% of its value in the last 24 hours. Ethereum (ETH) has been hit similarly hard and is down 4.7% to reach $446. This is now the third time in a month that Bitcoin has been rejected at the $12,000 threshold, and sent the market tumbling with it.
Other top ten cryptocurrencies like XRP, Chainlink (LINK), and Polkadot (DOT) are also suffering big losses—and are down between 6 to 11% in the last day. The dramatic sell-off also affected Tether (USDT), which is currently selling at below its dollar peg at $0.982. Other stablecoins like USD Coin (USDC), True USD (TUSD), and Dai (DAI) remain largely unaffected.
Today's crash has also had a knock-on effect on several prominent cryptocurrency exchange platforms, which appear to have buckled under the load.
At 4 AM PDT, popular US brokerage platform Coinbase announced that its sending service for a range of different cryptocurrencies had gone down. This incident affected Bitcoin (BTC), Bitcoin Cash (BCH), Tezos (XTZ) and 22 other cryptocurrencies listed on the platform, leaving Coinbase customers unable to transfer affected cryptocurrencies to other users. Less than 30 minutes later, Coinbase resolved the issue and resumed sending services.
We are aware of some temporary difficulties accessing https://t.co/QILSkzOI1K.
Rest assured our team is working on it.
Thank you for your patience and apologies for any inconvenience caused.
— Binance (@binance) September 2, 2020
Likewise, Binance also reported issues with its services, as users were left unable to access the Binance.com domain earlier today. Like Coinbase, Binance appears to have now resolved its issues and the website is operational.
Exactly what prompted today's sell-off isn't yet certain, but reports that Korean cryptocurrency Bithumb was raided by the police over an alleged fraudulent token sale likely added fuel to the fire.
Prominent technology investor Cathie Wood’s Ark Invest released an updated Bitcoin price target, outlining a path for the top cryptocurrency to reach a price of as much as $2.4 million per coin by 2030. Released on Thursday, the latest report levels up Ark’s previous price predictions from its annual Big Ideas report, which used total addressable markets (TAM) and penetration rate assumptions to determine a price prediction for Bitcoin. Now, the firm combined its previous predictions with expe...
Bitcoin ETFs attracted $442 million in inflows yesterday, marking the fourth consecutive trading day of positive accumulation. Markets have been green since last Thursday, but were closed in various regions in observation of Good Friday and Easter. Total assets under management now stand at $108 billion, according to data from CoinGlass, reaching its highest level since late February, as Bitcoin continues its recovery from the low $80,000 range this week. BTC, the original cryptocurrency, is cur...
An Ethereum user fell victim to an address poisoning scam on Sunday, resulting in the loss of nearly $700,000 worth of the USDT stablecoin. Experts warn this rising form of scam is easy to fall victim to if users aren’t militant in fully checking the address that they’re sending funds to. What is address poisoning? For address poisoning to work, malicious actors create an address that looks strikingly similar to an address that the victim has interacted with recently. The attacker will then send...
