$85,191.00
3.19%$1,913.97
4.82%$2.14
2.64%$609.87
0.64%$126.35
0.37%$0.999982
-0.00%$0.173002
4.17%$0.68181
3.24%$0.236649
-1.15%$1,913.28
4.79%$85,185.00
3.16%$4.06
-1.11%$14.21
4.62%$9.34
1.81%$0.272994
3.11%$2,293.00
4.72%$19.52
3.90%$1.00
-0.06%$2.44
7.62%$0.00001274
2.53%$0.171539
4.96%$84.63
1.18%$4.17
3.26%$6.33
2.08%$309.79
1.98%$4.63
3.15%$1,914.84
4.88%$1.00
0.03%$1.001
0.09%$0.70885
-4.48%$13.34
2.32%$2,032.75
4.68%$28.14
-0.17%$219.00
2.33%$6.32
5.37%$5.40
2.48%$0.00000765
6.82%$2.68
6.83%$1.045
-0.01%$48.45
1.06%$0.104177
5.59%$22.87
1.87%$85,229.00
3.15%$34.28
14.36%$0.799094
1.06%$5.44
2.29%$0.830085
6.56%$16.97
1.15%$0.997829
-0.01%$167.83
5.32%$1.16
-0.09%$10.34
2.90%$0.02361752
4.95%$230.59
2.87%$0.370413
5.40%$4.41
0.27%$1.00
0.00%$3.73
8.77%$2.85
2.69%$3.14
1.41%$85,261.00
3.14%$0.067751
4.74%$0.201074
-0.69%$4.02
0.04%$0.512505
5.88%$0.190265
6.16%$0.334728
1.70%$10.92
-2.15%$84,920.00
3.07%$0.475491
4.42%$0.758959
2.32%$4.63
-4.93%$0.423016
-1.17%$1,990.91
4.84%$1,388.51
5.22%$1,918.24
4.96%$0.069293
1.32%$1.085
2.48%$0.691106
11.84%$131.87
0.48%$70.54
2.86%$0.411389
1.15%$0.81685
5.83%$1.00
0.03%$0.00001239
10.41%$0.529956
0.35%$0.620572
1.55%$2,165.73
4.80%$9.02
2.91%$0.997742
0.01%$0.090396
2.55%$0.176425
2.52%$1.001
0.09%$0.0137641
0.11%$0.838169
4.03%$1.00
0.03%$0.90179
3.73%$7.26
5.95%$13.64
-24.34%$3,130.23
-0.97%$83,976.00
2.50%$610.93
0.76%$2,032.53
4.82%$2.28
-2.34%$0.999617
-0.02%$0.562246
15.57%$0.533987
7.54%$0.01592349
4.27%$0.664695
1.88%$3,133.26
-0.34%$84,980.00
3.09%$0.277147
1.88%$1.00
0.03%$0.00000066
0.03%$40.88
5.91%$0.174977
3.31%$32.30
2.14%$1.00
0.05%$0.390918
2.77%$162.07
0.41%$0.10429
1.60%$1,993.31
4.77%$0.00005998
2.43%$1.92
-2.52%$3.06
0.94%$7.32
6.01%$16.43
3.34%$0.01116887
4.36%$0.65562
3.62%$138.66
0.48%$0.999731
0.00%$1.81
5.67%$0.144444
3.11%$1.86
6.79%$0.511076
13.44%$0.073056
-2.58%$0.501936
-1.41%$0.997583
-0.01%$84,617.00
3.49%$0.521281
16.21%$3.00
9.77%$0.257134
4.77%$2.99
2.12%$0.00511907
10.59%$0.999832
0.00%$1.00
0.01%$16.49
3.02%$2,032.73
4.90%$27.26
-2.77%$0.720293
3.82%$0.173273
4.22%$0.151012
0.78%$85,157.00
3.16%$0.00000044
-0.71%$85,422.00
1.68%$1.00
-0.01%$0.424448
0.85%$1,914.13
4.83%$0.38732
-10.14%$1.19
4.69%$6.37
-0.05%$0.04385411
3.47%$46.50
18.04%$1,914.57
4.85%$1,914.93
4.86%$1.002
0.13%$0.080931
1.08%$1.081
0.12%$110.53
0.01%$0.00002002
1.15%$5.59
7.36%$0.600991
3.87%$1,994.86
4.84%$0.481735
1.67%$1.099
0.27%$84,780.00
2.95%$0.458336
5.05%$0.00698275
-0.95%$0.00650509
4.05%$0.181886
6.59%$0.861768
1.82%$0.20252
-0.09%$0.37052
0.63%$0.999234
0.00%$0.0000017
3.32%$1,927.42
4.07%$0.998576
-0.11%$0.582572
0.20%$1,911.52
4.68%$0.00006052
1.06%$0.00521999
-5.05%$1.001
0.33%$0.03250334
7.66%$0.00380501
-0.02%$122.20
2.88%$1.50
4.53%$2.83
1.54%$0.03113984
-0.09%$1,896.39
4.89%$1.22
4.40%$1,914.54
4.81%$0.00906109
-3.40%$0.242209
1.63%$1.24
2.05%$3.63
4.59%$0.244668
0.81%$0.646171
3.36%$22.60
1.09%$2.90
2.08%$0.999564
0.03%$0.00045641
-5.34%$85,062.00
3.20%$85,194.00
3.23%$2,022.30
4.78%$0.19654
4.66%$2,094.90
4.96%$16.14
2.00%$0.524268
3.06%$3,115.96
-39.23%$0.259368
0.48%$2,078.66
4.78%$1.031
0.23%$0.00333435
7.95%$0.00276914
8.22%$0.541706
9.52%$0.722209
-5.37%$0.066637
0.89%$0.999998
-0.05%$0.117781
0.14%$0.03490353
1.95%$1,907.03
4.65%$0.105511
1.50%$1,712.80
3.30%$0.02984243
0.49%$0.079746
-3.75%$0.00226909
-0.02%$21.16
5.52%$0.01156442
1.54%$0.086289
4.00%$0.926767
-0.54%$0.02943577
0.44%$0.655545
3.67%$0.0047633
1.51%$0.519506
1.84%$85,482.00
3.48%$2.15
5.98%$0.00237688
-1.68%$0.999637
0.01%Reading
Not content to merely erase its recent gains, Bitcoin's price today continued its drop until it reached its lowest point since late February.
Declining 8% in just 24 hours, Bitcoin dipped below $36,000 before stabilizing. It's a similar story for the crypto market as a whole, which lost 7% during the same time frame; Ethereum shed 7% from yesterday's price, and the rest of the top 10 faced losses of between 5% and 9%.
Just yesterday, crypto asset prices were noticeably higher, rising along with equities on Wednesday after the Federal Reserve announced an interest rate increase that was slightly lower than what many traders expected.
The Dow Jones Industrial Average recorded a 2.8% gain while tech-stack Nasdaq registered a 3.2% increase.
But that was a whole day ago.
From Decrypt's Learn section, U.S. Managing Editor Guillermo Jimenez explains the price volatility of Bitcoin, how large whales with huge holdings have the power to move the market, and why as Bitcoin adoption grows, it's likely to get less volatile over time.
The Dow Jones and Nasdaq dropped 3.1% and 5% today, respectively. For the Dow Jones, that meant its biggest daily gain since 2020 was followed by its biggest daily loss since 2020. The gist of the narrative is that traders reacted with relief yesterday that the Fed's inflation measures were measured before realizing today that the 0.5 percentage point increase on interest rates are still very high by historical standards.
Things are less drastic on the cryptocurrency front, which is accustomed to volatility.
After starting the year at $46,700, Bitcoin has seesawed up and down while rarely getting back above that mark. It's now down over 21% for the year, according to data from CoinMarketCap.
Its losses mirror those of stocks—more specifically, shares in tech companies. Google parent company Alphabet is down nearly 20%, Microsoft has lost 17% of its share price, and Facebook's Meta has taken a 34% haircut since the start of the year.
Video game retailer GameStop said Tuesday that it has completed a $1.5 billion offering of convertible senior notes to investors, with plans to use the proceeds in part to purchase Bitcoin to hold in its corporate treasury. GameStop announced its Bitcoin plans last week, first adding the asset to its list of acceptable treasury assets before announcing that it planned to raise $1.3 billion via the offering. A further $200 million worth of notes were also sold, according to the firm's Tuesday fil...
Circle Internet Group, the issuer of the popular USDC stablecoin, has filed an S-1 with the SEC for an initial public offering. The firm plans to issue its stock under the ticker CRCL on the New York Stock Exchange, the filing noted. JP Morgan will serve as the lead left active bookrunner for the proposed offering, while Citigroup will act as lead right active bookrunner, a Tuesday statement said. Bookrunners work as underwriters in IPOs or when banks and other institutions issue new financial p...
Flatulence-themed Solana meme coin Fartcoin is on the rise again, jumping nearly 22% in the last 24 hours to $0.53 and outpacing the gains of top meme coins like Dogecoin (DOGE) and President Trump’s official Solana token (TRUMP) in the same timeframe. The token, whose proponents use the tagline “hot air rises” when promoting its glide higher, has reclaimed a $500 million market cap after crashing to approximately $200 million in early March. However, FARTCOIN still remains about 78% off its al...
