Disclaimer
The views and opinions expressed by the author are for informational purposes only and do not constitute financial, investment, or other advice.
$118,140.00
6.39%$3,007.75
8.10%$2.64
8.51%$689.24
2.86%$164.84
4.43%$0.999909
0.00%$0.199514
10.23%$0.296181
2.10%$3,005.38
8.05%$0.727431
15.61%$45.92
10.91%$118,029.00
6.19%$3,632.75
8.04%$3.52
8.79%$15.53
8.20%$526.59
1.91%$0.316912
8.76%$21.12
8.14%$0.20543
15.30%$8.99
0.21%$3,222.48
8.18%$0.0000135
7.66%$3,007.09
8.18%$0.999957
0.02%$2.98
3.24%$95.83
5.44%$46.82
0.37%$0.999879
-0.06%$3.98
8.03%$118,156.00
6.35%$327.33
1.42%$0.00001282
15.18%$8.95
8.11%$4.55
2.92%$1.001
-0.06%$315.79
7.24%$0.499612
4.72%$391.96
12.22%$4.98
7.78%$2.59
9.05%$1.18
0.02%$0.098676
4.94%$49.75
3.02%$5.51
5.73%$0.914645
7.65%$200.07
4.35%$18.69
5.62%$1.00
0.00%$1.059
0.02%$0.089699
10.41%$0.363123
24.91%$1.00
0.00%$0.64256
5.68%$4.69
7.92%$0.02481019
9.37%$0.41893
15.79%$0.229981
9.76%$10.08
9.43%$3.82
11.93%$0.756576
7.54%$16.39
2.15%$0.22452
14.87%$4.46
0.29%$0.345073
30.00%$1.099
17.91%$0.00002361
5.48%$3,008.92
8.13%$0.084407
2.65%$2.63
7.76%$117,987.00
6.33%$116.60
5.73%$4.76
3.07%$174.47
4.15%$1.64
7.25%$0.499384
8.17%$0.999866
0.02%$11.37
1.50%$0.997755
-0.22%$3,151.29
8.09%$3,427.99
8.05%$1.001
0.08%$1.92
11.10%$1.34
14.53%$0.02085668
7.46%$1.26
1.63%$12.81
15.34%$1.84
13.57%$0.686061
15.55%$0.07323
4.20%$0.01704013
4.19%$0.758107
8.88%$3,211.89
8.06%$0.354804
10.85%$3,159.80
10.30%$3.90
22.79%$13.46
6.39%$118,044.00
6.31%$1.00
0.01%$0.665782
71.47%$1.032
6.33%$3,170.49
8.28%$0.999833
0.00%$0.09955
9.39%$0.00010149
7.76%$0.513772
12.52%$1.11
-0.04%$117,876.00
6.32%$0.160357
5.51%$3,343.20
0.46%$119,494.00
7.02%$689.27
2.87%$0.999803
-0.01%$3,249.43
7.87%$0.646789
14.88%$0.551001
4.78%$2.52
5.51%$184.44
4.17%$3,337.24
0.49%$215.09
4.34%$0.81229
9.59%$0.01745443
12.44%$0.86602
9.33%$2.84
15.80%$22.45
9.92%$0.01513674
15.30%$0.187302
7.56%$0.293981
8.15%$111.75
0.01%$10.74
0.01%$43.12
6.57%$0.814808
11.24%$2.00
5.20%$4.15
11.57%$0.118611
11.14%$3,007.12
8.11%$0.998334
0.14%$45.91
10.84%$0.00000067
4.81%$3,208.74
7.84%$0.00000168
31.01%$1.088
0.24%$0.601462
5.82%$3,158.58
7.37%$0.240321
3.93%$0.00933356
5.72%$117,495.00
6.20%$117,923.00
6.21%$3,007.24
8.04%$0.381901
8.09%$0.565859
16.45%$0.310659
7.80%$0.998086
0.06%$0.058642
16.29%$0.419663
2.21%$0.554577
7.74%$118,135.00
6.44%$0.999132
0.16%$1.72
6.46%$1.55
9.28%$0.671751
5.98%$0.148238
19.32%$26.68
4.64%$0.01544631
10.17%$45.88
10.86%$2.80
17.79%$0.199533
10.40%$3,007.10
8.00%$0.999908
0.00%$0.495055
30.02%$0.997985
-0.11%$0.00483151
10.15%$0.094519
20.97%$0.00823293
8.76%$0.228795
1.63%$0.626322
9.98%$8.22
6.18%$3,197.36
7.97%$0.428253
6.07%$1.23
11.39%$48.19
5.20%$0.999901
-0.00%$1.43
14.11%$6.31
7.32%$1.001
0.07%$15.65
9.43%$0.061659
1.36%$0.00000044
0.62%$0.174335
9.53%$0.060263
21.22%$3,319.71
8.18%$0.360805
10.77%$6.49
13.47%$2.54
10.55%$0.00002106
8.28%$0.00453291
12.48%$1.093
-0.01%$117,731.00
6.40%$1.68
9.87%$0.99527
-0.52%$0.155086
5.74%$3,292.00
8.14%$0.04066535
7.66%$0.54958
4.64%$0.998199
-0.25%$3,006.61
8.43%$3,005.33
8.06%$0.00721909
10.71%$0.081068
17.15%$0.268079
24.84%$0.375173
9.57%$0.999956
-0.01%$0.376752
10.33%$1.24
8.58%$2,987.01
7.42%$0.03634947
3.53%$117,651.00
5.98%$0.537112
6.16%$0.00006475
7.18%$0.783897
11.53%$179.74
4.32%$0.865714
9.23%$0.0181723
3.07%$21.02
1.62%$128.21
7.58%$3,636.31
7.99%$1.23
6.76%$0.229674
9.69%$0.999814
0.01%$11.11
5.35%$0.763756
4.82%$0.317294
3.94%$0.00373938
6.44%$0.999449
0.04%$0.00452749
12.50%$1.001
0.01%$0.999525
0.01%$25.68
8.57%$21.12
8.46%$0.665921
7.15%$1.00
0.06%$0.116918
12.97%$0.03000216
8.97%$118,011.00
6.21%$2,372.36
6.46%$6.94
9.35%$3,155.15
8.20%$0.00000143
7.04%$0.0033743
-7.67%Reading
The price of Bitcoin fell 6% overnight, despite clocking in some midweek gains, as the global crypto market shed a staggering 4.1% ($78 billion) from its total market cap.
Bitcoin started the week at a discount, with Monday’s lows bottoming out at $37,518, according to CoinMarketCap.
The world’s leading cryptocurrency then rallied 20% over 48 hours to hit $45,077 by Wednesday. At that point, Bitcoin was soaring above traditional financial markets, like the S&P 500 and the Nasdaq, both of which appeared to be flagging amid the global uncertainty poised by Russia’s invasion of Ukraine.
But Bitcoin’s midweek gains were short lived. At its current price of $38,014, Bitcoin has fallen about 16% from Wednesday's high.
In general, the global crypto market has been bearish since Friday, when it shed $98 billion in total market volume.
At Friday’s peak, Bitcoin was trading at $42,480, but most of its gains were quickly erased in the 12 hours after lunchtime UTC, when prices tumbled to $38,806, a loss of about 8.6%.
Ethereum is also down today, but not by as much. The second-biggest cryptocurrency by market cap fell 2.15% overnight and was trading at $2,645.
Disclaimer
The views and opinions expressed by the author are for informational purposes only and do not constitute financial, investment, or other advice.
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