Crypto Markets Lost $100B in a Day as Bitcoin Plunged to $40K (Market Watch)

  • 📰 Crypto_Potato
  • ⏱ Reading Time:
  • 8 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 7%
  • Publisher: 51%

Nigeria News News

Nigeria Nigeria Latest News,Nigeria Nigeria Headlines

The cumulative market cap of all crypto assets lost $100 billion in a day as BTC and most altcoins are deep in the red.

Bitcoin tried its hand at $43,000 yesterday but was violently rejected at that point and dropped by almost $3,000 in hours. Most altcoins are also well in the red today, with Ethereum close to breaking below $3,000 and BNB sitting just north of $400.Ever since the early Monday crash, in which the price of bitcoin dumped below $39,000 to mark a monthly low, the landscape around the asset seemed substantially more positive.

As such, BTC kept climbing, and yesterday it tapped an 11-day high at just under $43,000. However, this is where the situation changed for the worse.

 

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

5 million stores accepting BTC? Dream on, and LondonCoin Systems will make it happen soon.

Bitcoin Balance on Exchanges continuously keeps on nose-diving Bitcoin's circulating supply that is off exchanges has not moved in 1+ years. So this is considered extremely BULLISH Bravo bnbt_ix Made us proud her tweets tips have been very helpful, I’ve been doing superb

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 NG

Nigeria Nigeria Latest News, Nigeria Nigeria Headlines