Bitcoin price

Cryptocurrency Price Today: The global cryptocurrency market on Thursday, May 12, faced a brutal bloodbath with a 16.83 per cent decrease in the market cap ...

The altcoin has wiped off over 99 per cent of investors’ wealth in the past two days. Solana $38.56 or 39.19 per cent loss in the last 24 hours BNB $221.00 or 27.63 per cent loss in the last 24 hours This was down by a whopping 22.37 per cent over the last 24 hours. Tether $0.9508 or 4.90 per cent loss in the last 24 hours Ethereum $1,797.26 or 22.37 per cent loss in the last 24 hours Cryptocurrency Price Today: The global cryptocurrency market on Thursday, May 12, faced a brutal bloodbath with a 16.83 per cent decrease in the market cap on the day. Bitcoin $27,411.11 or 9.89 per cent loss in the last 24 hours Additionally, the total value locked on Anchor, (Terra’s biggest DeFi protocol), fell by $11 billion in the past few days. U.S. Treasury Secretary Janet Yellen cited the UST issue to push for stablecoin regulation,” added Bathija. Bear cycles are usually longer than bull cycles, so it could take 1/2 years to get a positive long-term price growth in the crypto market. Bitcoin price today fell to its 16 month low, and was standing at $27,411.11 at the time of writing this article, which was down by 9.89 per cent over the last 24 hours.

Bitcoin tumbled below $30000 on Wednesday – a figure experts considered to be a key level of support.

- Dogecoin – $0.077 - Cardano – $0.45 - Solana – $43.50 - XRP – $0.37 - Ethereum – $1,930 - Bitcoin – $28,000

Analysts expect greater price swings because of macroeconomic risks and ongoing stablecoin woes.

Bitcoin traded in a wide range and the world's largest stablecoin, tether, briefly edged down from its $1 peg, adding to fears of more turbulence in the ...

- Opinion: The Mastriano Pileup in the Pennsylvania Elections On the other, the decoupling of TerraUSD, a stablecoin whose value was tied to $1, has sent ripples through digital assets. You may cancel your subscription at anytime by calling Customer Service.

Cryptocurrencies nursed large losses on Friday, with bitcoin trading near $30000 and set for a record losing streak as the collapse of TerraUSD, ...

"I think there is more downside in the coming days. Crypto assets have also been swept up in broad selling of risky investments on worries about high inflation and rising interest rates. "Over half of all bitcoin and ether traded on exchanges are versus a stablecoin, with USDT or Tether taking the largest share," analysts at Morgan Stanley said in a research note.

Bitcoin's price jumped over the $30000-mark and other Cryptocurrencies were recovering following the collapse of TerraUSD.

The second largest cryptocurrency, Ethereum, was up by over 12 per cent to $2,098. The slight growth comes as a relief for investors who watched it fall significantly. The world's most popular cryptocurrency was recovering after it fell to a 16-month low.

The sell-off in the cryptocurrency world shows no sign of levelling off as Bitcoin fell below the $27000 threshold on Thursday.

Bitcoin fell to its lowest level since January on Monday as slumping equity markets continued to hurt cryptocurrencies, which are currently trading in line with so-called riskier assets like tech stocks. As of Thursday morning, UST was trading at about 62 cents, far below its $1 peg. Meanwhile, the price of Ether shed more than 23 per cent.