Disclaimer
The views and opinions expressed by the author are for informational purposes only and do not constitute financial, investment, or other advice.
$119,426.00
1.04%$3,621.93
5.19%$3.48
10.63%$739.67
2.59%$181.51
4.58%$0.999904
-0.00%$0.24078
13.67%$3,610.28
4.95%$0.329794
5.91%$0.861308
11.92%$46.37
-0.44%$119,311.00
1.02%$0.484314
4.69%$4,330.66
4.29%$4.07
1.91%$18.64
10.06%$0.273311
14.75%$527.32
6.44%$24.50
8.09%$3,871.17
4.84%$0.00001533
6.28%$3,615.47
4.91%$8.95
1.81%$108.70
10.70%$3.28
3.28%$4.51
7.61%$0.999875
-0.01%$1.001
0.14%$45.56
0.86%$10.64
18.28%$336.42
0.03%$119,286.00
0.93%$0.00001382
1.61%$5.03
7.28%$1.001
0.07%$329.60
1.82%$424.08
-1.09%$0.121139
11.89%$2.98
8.45%$5.46
4.99%$23.25
16.03%$0.449481
1.96%$1.18
0.32%$1.058
9.91%$6.05
7.99%$221.05
4.69%$48.70
2.91%$1.00
0.00%$0.00003583
-5.83%$0.309011
7.27%$0.781396
4.32%$0.098129
5.41%$0.40124
6.26%$0.475601
5.93%$0.02824661
10.68%$5.08
6.75%$4.30
6.37%$0.245988
5.86%$1.001
0.14%$3,623.93
5.22%$10.66
7.57%$0.814624
5.63%$0.359735
0.58%$1.18
5.08%$2.86
6.91%$16.30
0.79%$4.52
0.06%$0.02995141
-0.44%$0.08794
10.40%$1.059
-0.01%$193.33
4.96%$0.00488163
-8.30%$1.85
2.36%$3,788.45
4.91%$118,786.00
0.66%$4,112.87
5.14%$116.53
1.42%$0.562704
3.30%$5.00
2.15%$12.06
1.92%$1.50
3.73%$0.997091
-0.11%$2.04
2.75%$0.999686
-0.02%$0.02071519
13.03%$1.035
5.03%$14.42
6.49%$0.876828
5.98%$0.085128
5.91%$0.779658
9.49%$0.998152
-0.20%$4.57
5.45%$3,873.79
5.28%$1.33
2.06%$0.411368
7.39%$3,602.94
-0.21%$3,905.48
4.88%$0.00013277
-1.59%$1.87
1.58%$3,800.69
4.92%$0.60924
11.32%$1.001
0.03%$1.12
3.69%$0.112616
7.14%$119,498.00
1.09%$1.13
19.70%$1.00
0.06%$0.168769
3.55%$204.13
4.48%$739.25
2.54%$118,977.00
0.71%$28.66
5.91%$0.242873
5.72%$2.73
5.73%$3,349.46
0.36%$0.594811
6.81%$120,591.00
1.03%$0.930974
8.64%$0.02018836
9.94%$237.87
4.61%$1.11
-0.01%$11.12
64.84%$0.999673
0.02%$0.01746398
2.86%$0.34081
7.35%$3,346.08
0.50%$0.944097
2.55%$2.99
1.61%$0.139167
9.64%$3,872.66
5.06%$3,620.60
5.14%$3,820.75
6.76%$0.724264
10.79%$46.36
4.29%$4.50
5.86%$2.02
4.56%$0.00000072
3.74%$111.83
0.01%$0.267379
-2.15%$2.18
3.50%$0.429263
6.10%$0.998652
0.01%$3.63
7.34%$0.344966
8.09%$119,318.00
0.99%$0.999952
-0.02%$0.01886121
0.59%$0.463824
1.71%$0.00694093
10.20%$0.064213
3.01%$1.095
0.16%$0.00000162
-3.04%$3,617.89
4.94%$0.240679
13.28%$0.00892595
1.09%$1.70
4.33%$119,075.00
0.86%$0.358383
7.73%$0.588401
6.90%$29.48
1.48%$0.997589
-0.01%$1.36
2.44%$0.709753
6.30%$0.00966307
5.84%$119,424.00
1.01%$0.11018
10.03%$3,845.93
4.95%$46.41
-0.23%$3,616.18
4.92%$0.151111
4.51%$1.001
0.01%$3,992.50
5.03%$0.073481
2.64%$0.999893
-0.01%$0.685639
3.43%$0.206346
7.35%$7.83
5.56%$1.16
-0.09%$0.508353
1.59%$7.17
7.97%$0.42324
4.79%$53.51
6.60%$17.56
6.89%$3,583.01
4.42%$1.001
0.23%$1.56
1.13%$0.45539
-4.16%$3,955.04
4.89%$0.442687
1.83%$0.00000047
4.10%$0.221398
2.89%$0.331252
0.53%$2.78
5.57%$8.01
-4.19%$46.38
-0.22%$0.062915
2.43%$0.00002275
2.99%$0.093701
7.46%$3,602.71
4.63%$0.04452364
5.91%$10.75
0.01%$3,617.29
4.98%$0.00419991
3.58%$0.160351
4.01%$1.73
-2.30%$0.595662
7.05%$1.093
0.00%$0.999904
0.01%$4,359.40
4.89%$0.897973
3.15%$119,172.00
1.71%$0.990043
-0.75%$0.00775475
4.24%$1.009
0.86%$0.406542
-1.47%$198.79
4.66%$0.00568677
-0.63%$148.04
3.04%$0.389446
5.82%$1.40
1.23%$0.03894506
4.05%$0.584149
3.53%$29.66
7.56%$1.00
0.01%$0.01968547
4.48%$12.66
2.65%$0.00006654
3.97%$4.53
-11.76%$24.39
7.58%$119,332.00
0.94%$0.245953
5.72%$0.03354536
1.70%$0.781491
12.04%$0.769568
3.14%$0.847227
2.35%$3,801.31
5.00%$0.999941
0.02%$0.00412401
5.66%$21.09
-1.25%$1.15
-1.42%$0.332837
-1.32%$0.332484
7.88%$0.00372314
-6.85%$4,072.13
4.99%$7.50
6.90%$0.786582
5.93%$0.99895
-0.02%$1.00
-0.04%Reading
Bitcoin (BTC) has just collapsed below $11,000 for the first time in more than a month and is currently hovering around the $10,800 price point.
Today marks the second day of back-to-back losses for the cryptocurrency, which was sent tumbling from over $12,000 to just over $11,000 yesterday, before dipping further to as low as $10,796 just minutes ago.
Bitcoin is now in the red across all short-term time scales and is -5.6% in the last 24 hours, -7.9% in the last week, and -3.7% in the last month. Nonetheless, the cryptocurrency is still up more than 50% since the start of the year.
Bitcoin wasn't the only cryptocurrency to be hit by today's sell-off. Practically the entire cryptocurrency market is in the red today as $20 billion was wiped off the market in the last 24 hours. The average cryptocurrency is now down 5.6% in the last day and both Tron (TRX) and NEM are the only two top 20 cryptocurrencies to remain in the green over this timescale.
In August, skyrocketing transaction fees on Ethereum have caused a drastic decline in user activity but have not affected its decentralized finance (DeFi) ecosystem yet, according to decentralized applications tracker DappRadar. The August 2020 dapp overview is out!#Ethereum transaction volume surpassed 24 Billion USD#TRON transaction volume surpassed $300 million in August 2020 increasing by 95% compared to July 2020.#EOS transaction volume surpassed $1 billion in August. 👉https://t.co/EQca7G...
This sell-off comes as the US dollar (USD) makes a slight recovery, and gold recouped some of its earlier losses to reach $1,939—after touching as low as $1,919 last week. However, economists now warn that the stock market may be on the verge of a "Minsky moment," which sees asset prices collapse after a period of rampant speculative activity. If this happens, then the cryptocurrency market could be pulled down with it, once again.
Disclaimer
The views and opinions expressed by the author are for informational purposes only and do not constitute financial, investment, or other advice.
Bitcoin has reclaimed the $120,000 mark following a brief pullback earlier this week as renewed institutional flows continued to be buoyed by clearer U.S. crypto policy. Its return comes after profit-taking briefly capped the alpha asset's momentum, stalling a seven-day rally that had pushed it to new highs. Last week’s rally found a local bottom near $114,000, QCP Capital said in its Wednesday Asia Colour note, adding that Bitcoin has since hovered in a tight range as traders assess whether th...
Crypto prices have swelled in recent weeks, bolstered by a favorable outcome in Washington, D.C., amid renewed market exuberance and favorable macroeconomic developments. XRP is leading the pack among the top 20 cryptos by market cap, up nearly 20% on the day and more than 43% in a week. Meanwhile, the seminal meme token Dogecoin is up 9.5% and 19.5% over the same periods, according to CoinGecko data. Sean Dawson, Head of Research at Derive, an on-chain options platform, told Decrypt that the co...
It certainly feels like altcoin season is in the air. With Bitcoin trading sideways today, crypto traders appear to have their eyes set elsewhere: Ethereum has surged past the $3,300 mark, currently trading at $3,339.13 after a strong 20% weekly gain. XRP is up another 12% today, eclipsing its 2018 all-time high. Could Solana, the Ethereum rival sitting just outside of the top 5 coins by market cap, be next? The macro picture continues to look promising for risk assets. The cryptocurrency market...