$94,370.00
-0.16%$1,801.92
-0.27%$2.11
-2.49%$598.87
1.37%$144.55
-1.34%$0.999996
0.00%$0.169363
-1.89%$0.659715
-3.68%$0.246609
-1.33%$1,800.09
-0.28%$94,181.00
-0.29%$3.35
-0.06%$13.55
-3.63%$19.75
-1.79%$8.67
-4.63%$0.258626
-3.47%$2,164.47
-0.26%$3.00
-1.07%$0.999905
-0.01%$0.00001267
-1.66%$0.173915
-1.73%$359.33
-0.12%$20.21
-2.35%$82.54
-6.24%$3.90
-2.55%$0.999954
0.01%$281.06
3.34%$1,802.15
-0.22%$4.30
-0.32%$1.00
-0.01%$0.586639
-0.67%$94,386.00
-0.13%$28.49
-0.11%$1,921.98
-0.02%$0.00000793
-4.56%$373.47
5.44%$50.75
-0.73%$4.90
-5.17%$4.92
-2.96%$1.00
0.00%$1.05
0.02%$2.33
-1.59%$0.863447
-1.42%$21.46
0.14%$172.53
-2.29%$0.088143
-0.29%$0.094024
0.27%$4.59
-1.25%$15.99
-0.95%$0.714348
-0.68%$29.78
0.75%$4.35
-1.61%$10.94
-2.46%$0.02485398
-2.56%$0.999408
0.03%$1.17
0.05%$0.220048
-5.24%$94,007.00
-0.28%$4.29
0.13%$4.06
-2.81%$0.668233
0.47%$2.61
-2.20%$0.19907
-2.18%$0.51183
-2.02%$0.265448
-9.01%$4.07
-0.58%$2.37
-1.82%$0.308446
-2.51%$0.9992
0.11%$94,106.00
-0.21%$10.77
0.19%$0.00001731
0.65%$1,529.31
-0.15%$1.25
2.70%$0.427729
-1.69%$83.89
-3.62%$0.881017
-7.26%$0.775436
1.52%$0.01848906
-7.61%$151.75
-1.34%$0.073399
0.77%$1.13
-0.15%$1,802.19
-0.19%$1.64
-1.36%$0.702428
-0.56%$0.632232
-6.65%$1,874.66
-0.29%$0.200981
-2.06%$0.99965
-0.02%$0.55094
-2.44%$3.67
-3.54%$0.680339
-2.33%$9.30
-3.70%$1.00
0.10%$0.999765
-0.01%$0.091323
0.06%$15.13
5.09%$2,043.53
-0.23%$3,361.79
2.87%$3,367.93
2.84%$0.999726
-0.02%$0.202831
-2.96%$598.99
1.42%$186.61
-1.24%$0.01562234
-1.98%$94,351.00
-0.19%$0.00007727
0.80%$0.01176919
9.93%$37.11
-2.25%$0.588085
-1.15%$160.09
-1.26%$94,277.00
-0.74%$0.726829
-5.76%$93,421.00
-0.55%$0.700034
-0.46%$0.778696
-4.24%$0.0000007
-0.88%$3.77
-1.88%$2.36
-13.53%$1,919.59
-0.23%$0.01522821
-2.82%$0.274641
-1.51%$0.112591
0.04%$0.998288
-0.00%$2.00
2.83%$0.99421
-0.48%$0.376953
1.15%$1.10
-0.70%$17.47
-2.27%$36.02
0.96%$1,886.09
-0.13%$2.72
-14.59%$0.540379
0.15%$0.560352
-0.09%$0.299068
0.16%$0.01627595
-3.36%$1.61
-0.06%$3.20
-1.53%$0.052298
-6.11%$0.13951
0.23%$0.00539818
-0.79%$0.99777
-0.09%$0.00861075
-1.32%$95,579.00
-1.36%$0.520912
-0.44%$0.999997
0.00%$0.594648
-5.92%$0.067336
4.01%$1,883.69
-0.32%$94,309.00
-0.21%$0.403664
3.20%$0.434905
-5.94%$0.999997
-0.00%$110.94
0.02%$0.182294
-1.51%$6.94
-4.47%$0.578072
-2.58%$0.176119
3.57%$15.53
-2.30%$94,027.00
-0.19%$1.24
-1.79%$0.169514
-1.64%$87,576.00
-4.83%$0.00002154
0.28%$0.00000042
0.14%$1.65
3.68%$1.085
-0.00%$1,802.37
-0.19%$0.9993
-0.11%$1.46
0.68%$0.129221
-3.65%$0.412177
3.60%$0.492964
-1.27%$0.00570711
3.45%$0.0075088
-1.33%$1,802.89
-0.17%$1,919.61
-0.25%$5.41
-5.98%$0.03966324
0.05%$0.387173
2.21%$2.32
-1.38%$0.07223
-1.17%$0.140409
6.65%$1,802.14
-0.28%$1.38
0.46%$0.220069
-5.20%$0.078652
-1.90%$2.98
1.29%$1,797.38
-0.51%$32.33
-1.55%$1.001
0.13%$21.60
-0.68%$0.174781
-1.12%$0.03522018
-1.06%$38.43
-3.88%$0.01766996
-2.39%$0.355132
-0.36%$0.00397677
-0.55%$1,834.09
-0.02%$0.999823
-0.03%$0.00005927
-0.92%$0.771472
-1.66%$1.00
-0.00%$1.00
0.11%$0.493571
-6.65%$0.999824
-0.01%$0.681462
0.17%$94,364.00
-0.05%$0.274052
3.94%$0.516571
15.03%$0.651762
-5.56%$0.00000144
-6.87%$20.25
-2.15%$1,795.60
-0.23%$0.287699
-3.32%$109.22
-0.78%$3,337.93
3.17%$93,884.00
-0.09%$0.133855
0.38%$2.49
-1.23%$0.225175
0.32%$19.77
-1.78%$0.999814
0.00%$0.0027061
-3.26%$0.19443
0.05%$1.097
-0.09%$21.81
-0.53%$2.81
-0.09%$0.529446
0.95%$0.03074466
3.86%$0.260692
-1.26%$1,907.35
-0.08%$0.03627474
1.71%$0.999651
0.01%$1,895.52
-0.17%$0.00000063
6.86%$1.51
0.14%$1,978.17
-0.31%$0.999509
-0.00%$14.61
-0.81%$0.089177
2.48%$0.00268887
-1.38%$1,962.98
-0.18%$2.87
-2.07%$0.01199922
-0.22%$92,536.00
-2.10%$1,801.76
-0.24%$0.999595
-0.15%Reading
Bitcoin gained over $3,000 this morning after a brutal drop to $28,750 yesterday. It trades at over $31,500 at press time, but is down by 5% compared to Thursday high.
Reports from yesterday attributed the sudden price drop to rumors of a “double-spend”—a term used to describe the phenomena of one digital token being spent two times—in the Bitcoin protocol.
However, the rumor was later debunked by multiple proponents over Twitter and other social media sites. “There were headlines about a "double-spend" in #bitcoin! Many took that to mean that bitcoin has a catastrophic flaw (it doesn't) or the network is not secure (it is) or that bitcoin is somehow broken (it's not),” said Bitcoin educator and podcast host Andreas Antonopoulos.
Today there were headlines about a "double-spend" in #bitcoin! Many took that to mean that bitcoin has a catastrophic flaw (it doesn't) or the network is not secure (it is) or that bitcoin is somehow broken (it's not). Debunking the FUD: https://t.co/TjB8t1NJf9 pic.twitter.com/BQ66WYkJHc
— Andreas M. Antonopoulos (@aantonop) January 22, 2021
Trading data shows Bitcoin has been in a downtrend since January 19, when it traded below its 34-period moving average—a technical tool used by traders that calculates the average prices over a certain time period to determine the market trend.
Bitcoin is no hedge against market crashes, said analysts from JPMorgan in a report today. The cryptocurrency, which has a market capitalization of $590 billion, is the “least reliable hedge during periods of acute market stress,” wrote strategists John Normand and Federico Manicardi in a widely-shared report today. If the pandemic-induced market panic of 2020 is any indication, the cryptocurrency-as-market-hedge argument is wafer-thin. When global markets crashed in mid-March last year, Bitcoin...
Since that date, over $1.3 billion worth of BTC has been liquidated as well, data from analytics site Bybt shows. This happens when traders borrow excess capital from exchanges (a process called leverage) to put on bigger positions than their capital allows, taking on a loss (a process called “liquidation”) when prices move against their favor.
Meanwhile, despite the price bump today, Bitcoin is not wholly out of the woods yet. The asset has found a price floor at the $30,800 level (suggesting an area of demand) but continues to remain in a downtrend for now.
Berkshire Hathaway CEO Warren Buffet announced plans over the weekend to step down at the end of the year, after turning his company into one of the world’s most profitable firms—with a 5,500,000% return on investment since he took the helm. But he never cottoned to Bitcoin, although his stance about the technology behind digital assets softened over time. The 94-year-old Buffett, who made his surprise announcement at Berkshire Hathaway’s annual shareholder meeting, maintained that Bitcoin wou...
The U.S. Securities and Exchange Commission on Monday stopped short of giving the green light to a new crypto exchange-traded fund that would give investors exposure to Litecoin. The Wall Street regulator instead decided to delay giving an answer to the proposed product—which is a perfectly normal step for such applications. Nashville, Tennessee-based Canary Capital filed the paperwork in October for the Canary Litecoin ETF. The SEC currently has dozens of altcoin ETF applications to consider f...
The price of Bitcoin fell below $95,000 on Monday after U.S. President Donald Trump threatened to impose new tariffs ahead of the Federal Reserve’s interest-rate decision. The original cryptocurrency was recently trading hands around $94,000, a 1.8% decrease over the past 24 hours, according to crypto data provider CoinGeko. BTC had started the weekend above $96,000. Most altcoins showed greater losses, with XRP dropping 2.7% to $2.12, while Solana fell 0.8% to around $146. The Fed is expected...
