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However, on-chain metrics detect strong "sophisticated passive buying" on spot exchanges and a rise in the movements of Bitcoin to whale wallets, signaling renewed institutional interest. ....
Dreading September? Bitcoin price hopes to break the slump trend cointelegraph.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from cointelegraph.com Daily Mail and Mail on Sunday newspapers.
Interview: OKEx Team Comes Together to Answer Few Questions About Crypto Market newsbtc.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from newsbtc.com Daily Mail and Mail on Sunday newspapers.
Why Is Crypto Crashing? These Stats Show How Much the Market Has Gone Down On 5/20/21 at 5:20 AM EDT The cryptocurrency market is still reeling from this week s sell off with nearly all major coins in the red in the early hours of Thursday. At around midnight UTC+1 Wednesday the total cryptocurrency market capitalization was just over $2 trillion. At its lowest point that afternoon, it had fallen to around $1.44 trillion, according to CoinMarketCap data a decline of nearly 30 percent. Muyao Shen, a markets reporter for CoinDesk, called the market downturn the biggest sell-off since March 2020. Read more Bitcoin, the world s foremost cryptocurrency, has tumbled and hit its lowest price in three months this week, at one point threatening to drop below the $30,000 mark. ....