Bitcoin Dumped Sharply After Retesting $20K: Crypto Markets Shed $60B (Market Watch)

📆 9/28/2022 5:53 AM
📰 Crypto_Potato

⏱ Reading Time:
26 sec. here
2 min. at publisher
📊 Quality Score:
News: 14%
Publisher: 51%

United States News News

United States United States Latest News,United States United States Headlines

The crypto market cap is down by almost $70 billion daily as BTC and almost all alts are deep in red now.

The price of bitcoin headed straight south after briefly exceeding $20,000 on the highest trading volumes recorded for the past several months.

The alternative coins, which were riding high yesterday, have turned red today, except for QNT – 10% surge.Ever since last week’s price drop to $18,100 propelled by the US Fed’s latest interest rate hike, the primary cryptocurrency had calmed around $19,000. In fact, it spent most of the weekend there, with little to no movement.

Then came Monday, and BTC slipped to $18,600. However, the asset went on the offensive on Tuesday and spiked by more than $1,500 in hours. As a result, it skyrocketed to a

Write Comment

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:

United States United States Latest News, United States United States Headlines

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

Bitcoin Soars Above $20K, Recording 12-Day High (Market Watch)The crypto market capitalization has neared $1 trillion as BTC, ETH, and most other altcoins are well in the green.
Source: Crypto_Potato - 🏆 568. / 51 Read more »

First Mover Americas: Bitcoin Regains $20K, Bucking the Swoon in StocksBitcoin (BTC) regains $20K and U.S. longer-duration Treasury notes now offer 4% yield. LedesmaLyllah and Godbole17 report in First Mover by CoinDesk Markets.
Source: CoinDesk - 🏆 291. / 63 Read more »