Following the recent local peaks, bitcoin reversed its trajectory and dipped below $23,000 for the first time in several days.
Most altcoins have followed suit, with Ethereum dropping beneath $1,600 and Polkadot dumping by double-digits.Ever since the US Federal Reserve last hiked the interest rates and President Biden refuted to admit that the country has entered into a recession, the price of bitcoin was riding high. It jumped above $24,000 at the end of last week and spiked even further during the weekend. This culminated in a price surge above $24,500, which became the cryptocurrency’s highest level since June 13.late on Sunday and yesterday. The past 24 hours brought some more pain for the bulls as bitcoin slipped below $23,000 for the first time since July 28. It currently trades there as well and its market cap has declined way below $450 billion.
Abbiamo riassunto questa notizia in modo che tu possa leggerla velocemente. Se sei interessato alla notizia puoi leggere il testo completo qui. Leggi di più:
Italia Ultime Notizie, Italia Notizie
Similar News:Puoi anche leggere notizie simili a questa che abbiamo raccolto da altre fonti di notizie.
Bitcoin Closes July Green, Polkadot (DOT) Soars 7% Daily: Market WatchFilecoin is once again the best performer from the lower-cap alts, while Polkadot has surged the most from the larger caps.
Fonte: Crypto_Potato - 🏆 568. / 51 Leggi di più »
Record $474 Million Flowed into Crypto Market in July: Will It Change Sentiment?Crypto market saw highest monthly fund inflow of the year with $474 million coming in July btc bitcoin rth crypto shib doge xrp cardano sol
Fonte: Utoday_en - 🏆 295. / 63 Leggi di più »
New York AG calls for whistleblowers 'deceived or affected' by the crypto market crashNYAG Letitia James jas issued a notice to users locked out of accounts at crypto firms or otherwise deceived about investments. Prosecutor don’t give af during bull market Does institutional rug pulling count looks like im getting that crypto job for the bear market after all..
Fonte: Cointelegraph - 🏆 562. / 51 Leggi di più »
Crypto Bear Market Financial Terms You Should KnowIf you're new to the world of cryptocurrency, there's a lot of jargon to wrap your head around, especially for bear markets. We've compiled a list of important terms you should know, like dead cat bounce and volatility.
Fonte: CoinDesk - 🏆 291. / 63 Leggi di più »
Crypto Downturn Floods Market With Rolex and Patek Watches, Trading Platform Says – Bitcoin NewsThe latest troubles in the crypto space have led to an increased supply of second-hand luxury watches, according to a trading platform.
Fonte: BTCTN - 🏆 531. / 51 Leggi di più »
Croatian retail giant sees rise in crypto payments despite the bear marketCrypto winter in Croatia is not as cold as in other parts of the world. The country's largest supermarket chain, Konzum, experienced a massive rise in Bitcoin payments sine they started accepting crypto payments last December. ⚡️⚡️ Wow!!! This is huge!!!
Fonte: Cointelegraph - 🏆 562. / 51 Leggi di più »