Crypto Blog
Bitcoin’s price tried to recover some ground earlier this week but was quickly stopped and pushed south, which culminated earlier today with a drop to $55,300 – the lowest in a month.There’s not a lot of positive things we can say about BTC’s price movements for the past week or ten days. The asset was last above $60,000 on August 29, when it spiked to $61,200. However, it couldn’t maintain its run and was quickly driven to below that coveted round-numbered level.
ETH’s daily drop is similar to that of BTC and the second-largest cryptocurrency has tanked to $2,350. Solana and Ripple have charted even more painful declines of 3.5% to 4%. As a result, SOL is below $130, while XRP struggles at $0.53 The rest of the larger-cap alts are in a similar situation, with FET, NEAR, and TAO losing the most value. In contrast, TON is the only one in the green, posting a 3% daily increase.
Nevertheless, the total crypto market cap has slumped by another $50 billion overnight and is down to $2.050 trillion on CG.Disclaimer: Information found on CryptoPotato is those of writers quoted. It does not represent the opinions of CryptoPotato on whether to buy, sell, or hold any investments. You are advised to conduct your own research before making any investment decisions. Use provided information at your own risk. See Disclaimer for more information.
Disclaimer: Information found on CryptoPotato is those of writers quoted. It does not represent the opinions of CryptoPotato on whether to buy, sell, or hold any investments. You are advised to conduct your own research before making any investment decisions. Use provided information at your own risk.
United States Latest News, United States Headlines
Similar News:You can also read news stories similar to this one that we have collected from other news sources.
3 Key Reasons Why Bitcoin (BTC) Dropped Below $58,000Bitcoin fell to lows of $57,663 in Monday's trading session
Read more »
Crypto Markets Lost $100 Billion as Bitcoin (BTC) Dropped Below $56K (Market Watch)Crypto Blog
Read more »
Michael Saylor Intrigues Bitcoin Community With Epic BTC MessageBitcoin bull Michael Saylor delivers key Bitcoin message while the BTC price falls
Read more »
'$1 Million Bitcoin' Samson Mow Makes Important BTC StatementBitcoin advocate Samson Mow issues bullish Bitcoin call as BTC begins to recover
Read more »
Bitcoin (BTC) Set New Records During Recent Plunge, Data SaysBitcoin (BTC) traders hit two amazing milestones once largest crypto collapsed to $50,000
Read more »
This Is How Bitcoin (BTC) Could Resume its Bull Run and Chart New ATHCrypto Blog
Read more »