Bitcoin Closed First Red Month in 2023 Following a 7% Decline in May (Market Watch)

  • 📰 Crypto_Potato
  • ⏱ Reading Time:
  • 18 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 11%
  • Publisher: 51%

Malaysia News News

Malaysia Malaysia Latest News,Malaysia Malaysia Headlines

Cardano's ADA has declined the most from the larger-cap alts, while LTC is up by almost 4%

It managed to stay north of $27,000 at first, but the past 24 hours brought another leg down. This time, bitcoin fell to a multi-day low of $26,600. Despite recovering a few hundred dollars since then, BTC still trades in the red on a daily scale.This is all you need not to miss any price action in the raging crypto markets. Start receiving this recap, for free, every day:It even closed May with a 7% decline, making it the first losing month of the new year.

Cardano has declined the most from the larger-cap alts. ADA is down by over 3% and sits at $0.36. In contrast, Litecoin has jumped by almost $4 and trades above $90.Overall, though, the cumulative market cap of all crypto assets has seen another $10 billion gone daily. The metric is down by almost $40 billion in the past two days to $1.130 trillion.

We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:

 /  🏆 568. in MY
 

Thank you for your comment. Your comment will be published after being reviewed.
Please try again later.

Malaysia Malaysia Latest News, Malaysia Malaysia Headlines

Similar News:You can also read news stories similar to this one that we have collected from other news sources.

Bitcoin, Ethereum Technical Analysis: BTC Back Above $28,000, as ‘Death Cross’ Approaches – Market Updates Bitcoin NewsBitcoin was once again trading above $28,000 on Tuesday, as the 10-day and 25-day moving averages neared a death cross.
Source: BTCTN - 🏆 531. / 51 Read more »