Bitcoin

Despite the collapse in the domestic equity market today, the cryptocurrency markets have reached a record low in 2022. The worldwide crypto market value is ...

The worldwide crypto market value is $985.07B, an 11.08 per cent loss over the past day, according to CoinMarketCap statistics, and with today's dip this year, the global cryptocurrency market cap has plummeted by almost USD 1 trillion so far. Edul Patel Co-Founder & CEO of Mudrex-A Global Crypto Investing Platform said “Crypto prices plunged following the U.S inflation report, which came in at a 40-year high of 8.6% over the weekend. In the midst of a bearish crypto market, Bitcoin, the world's largest and most popular cryptocurrency, fell 11.10 per cent in the previous 24 hours to $24,556.65 USD with a 24-hour trading volume of $51,70,28,31,258 USD. Bitcoin's market cap has dropped 11.77 per cent to $463,816,731,125.85, and the top three losers of the day are Green Satoshi Token, Bitcoin, and BNB. The RSI dropped below 30 as Bitcoin entered the oversold zone." On the daily time-frame, the BTC trend has broken below the long formed triangle pattern. The worldwide crypto market value is $985.07B, an 11.08 per cent loss over the past day, according to CoinMarketCap statistics, and with today's dip this year, the global cryptocurrency market cap has plummeted by almost USD 1 trillion as of now.

Bitcoin tumbled Monday to an 18-month low under $25000 as investors shunned risky assets in the face of a global markets selloff.

Reportedly, inflation fear may have triggered this massive crypto crash. Advertisement. The crypto winter hammered cryptocurrencies on Monday as the price of a ...

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Celsius said it would halt withdrawals from its platform, which allows people to deposit bitcoin and other crypto tokens into an account that pays interest.

- Print Article - Order Reprints Bitcoin, the largest cryptocurrency, fell to the lowest level in 18 months on Monday after Celsius Network, one of the biggest crypto lenders, halted withdrawals.

Bitcoin plunged to the lowest in about 18 months in Asia trading Monday as the impact of Friday's shock US inflation data continued to reverberate through ...

The MVIS CryptoCompare Digital Assets 100 Index, which measures 100 of the top tokens, dropped as much as 17%. And the total market value, which topped $3 trillion in November, dropped below $1 trillion as of 10:54 a.m. New York time on Monday, according to CoinGecko. Bitcoin plunged to the lowest in about 18 months after the freezing of withdrawals by the Celsius lending platform added to concern that systemic risk in the crypto ecosystem will accelerate the digital-asset market meltdown. The world’s largest digital token tumbled as much as 17% to $22,603 -- its lowest since December 2020.

Crypto winter has hit investors. The worldwide cryptocurrency market valuation has dropped by roughly $1 trillion in 2022, and almost all leading coins are ...

Some crypto proponents that this is not something that has never happened before and patience is the key. Even though it is difficult to make any predictions, we will see in the coming months an increase in the institutional adoption of crypto and an increase in its regulation," says Caudevilla. “This has fuelled pessimism in the markets, and investors are staying away from risky assets such as crypto. More interest rate hikes would be needed to tame inflation, bringing more fragility and uncertainty in the markets. Recent numbers from the US Bureau of Labor and Statistics peg inflation at a four-decade high of 8.6 per cent. The price of Bitcoin (BTC) plunged below $25,000 on Monday from $64,000 in the year 2021.