Crypto Markets Lost $50B as Bitcoin Slumped to 6-Day Low (Market Watch)

  • 📰 Crypto_Potato
  • ⏱ Reading Time:
  • 17 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 10%
  • Publisher: 51%

South Africa News News

South Africa South Africa Latest News,South Africa South Africa Headlines

The crypto market cap is down by about $50 billion daily as bitcoin, as well as most altcoins, have turned red.

After the relatively calm weekend, in which BTC stood primarily around $23,000, the asset took a dip south and dropped to a 6-day low. The altcoins are also deep in the red today, with ETH, SOL, and MATIC plunging by more than 5%.It was just several days ago – last Wednesday – when bitcoin jumped above $24,000 to mark its highest price point in over a month. As the bulls were getting more excited about the prospect of bringing down the $25,000 line as well, though, the situation changed.

However, the bears regained control over the market hours later and pushed BTC south hard. As a result, the cryptocurrency fell by over $1,000 and dumped to a 6-day low of under $22,000.Alicia BakeryThis is all you need not to miss any price action in the raging crypto markets. Start receiving this recap, for free, every day:

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 ZA
 

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

South Africa South Africa Latest News, South Africa South Africa Headlines

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

The crypto job market has cooled but still has plenty of open rolesLayoffs at major crypto firms have captured headlines recently. But there are still thousands of job listings across the industry. kkahfi106 targets people trying to get a job in the industry has a $250 paywall Whyy is no one talking abooutt thiis. ?
Source: TheBlock__ - 🏆 464. / 53 Read more »

Is 2022 Crypto Market Worse Than 2018?On today's CoinMarketCap episode we take a look at the differences during the 2018 bear market and the current market drawdown.0:00 - 2018 Bear Market and 20... HZMCoin $ HZM The world has gone crazy with all these cryptocurrencies, it's true but if you search, you're sure to find our HZM COIN the first Arab currency that changed all of your trading and investing strategies Become a member of our HZM family today malarab1 HZMCoin always keep your eyes on it because it will simply amaze everyone..go Buy_HZM_COIN🚀 malarab1 Nope wait till the end of December ojacoin is coming…
Source: CoinMarketCap - 🏆 290. / 63 Read more »

This Is How Uniswap (UNI) Plans To Conquer NFT MarketUniswap (UNI) will allow users to buy NFTs straight from DEX via this integration $uni uniswap eth ethereum ⁹
Source: Utoday_en - 🏆 295. / 63 Read more »

Top 5 Things to Watch in Markets in the Week Ahead - Fed Rate Hike, Earnings Flood By Investing.com⚠️3 Things to Watch in Markets This Week: -Fed Rate Hike -Apple, Microsoft, Google, Amazon Earnings -U.S. GDP, Inflation Data 👉 $DIA $SPY $QQQ $IWM $VIX and oil $ WATCH COPPER 🤠 thank me later Nifty open gap up 😂🤣🤣😂🤣😂🤣😂
Source: Investingcom - 🏆 450. / 53 Read more »