Crypto Markets Lost $80 Billion in a Day as Bitcoin Dumps Below $40K (Market Watch)

  • 📰 Crypto_Potato
  • ⏱ Reading Time:
  • 24 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 13%
  • Publisher: 51%

Sverige Nyheter Nyheter

Sverige Senaste nytt,Sverige Rubriker

Bitcoin dumped to a monthly low beneath $39,000, and the crypto market cap declined by about $80 billion in a day.

After a few days of consolidating above the $40,000 mark, bitcoin slipped below that level to a new monthly low. The altcoins are also deep in the red today, with ETH dumping beneath $3,000 and even more substantial price losses from Ripple, Solana, Cardano, Terra, and Polkadot.The past few days were rather calm in the altcoin market, with little-to-no substantial price movements. Today, though, the situation is mainly different.

Binance Coin struggles at around $400 after a 3.5% daily decrease. Just until yesterday, BNB was close to $420. Ultimately, the crypto market cap has seen $80 billion evaporate, and the metric is down to $1.8 trillion.Following last week’s enhanced volatility, in which bitcoin fell from $45,000 to around $40,000, the asset had calmed around the latter. Asover the weekend, BTC stood just above $40,000 and even took a swing at $41,000 yesterday, but to no avail.

 

Tack för din kommentar. Din kommentar kommer att publiceras efter att ha granskats.
Vi har sammanfattat den här nyheten så att du kan läsa den snabbt. Om du är intresserad av nyheterna kan du läsa hela texten här. Läs mer:

 /  🏆 568. in SE

Sverige Senaste nytt, Sverige Rubriker

Similar News:Du kan också läsa nyheter som liknar den här som vi har samlat in från andra nyhetskällor.

Crypto Market Liquidations Reached $200 Million as Bitcoin Breaks 80-Day SupportBitcoin fails to bounce off support line, drops below $39,000, creating even more pressure on the cryptocurrency market BTC scamm 🔥Join and Invite friends ➡️ ShibalnuEvent BAYC perfectly 🌠💯 Free Airdrop ShibalnuEvent
Källa: Utoday_en - 🏆 295. / 63 Läs mer »

Market Watch: Holidays Consolidation as BTC Stagnant at $40K, FIL Soars 11%Filecoin is among the very few altcoins with a substantial price movement on a daily scale, as FIL has added 11%.
Källa: Crypto_Potato - 🏆 568. / 51 Läs mer »

Bitcoin and Ethereum Are Less Volatile Than Some Stocks, Contrary to Popular BeliefWhile some traders believe that crypto stocks offer less volatility than $BTC and $ETH, Sharpe ratio suggests the opposite Best crypto trading channel, join us Please read this text.🙏🏻 I would never have said that if I did not have to.😔 I know that there are many good people around the world who help the needy.🧡 You who are in a good financial position, can you help me a little? (Via bitcoin)
Källa: Utoday_en - 🏆 295. / 63 Läs mer »