The cryptocurrency market continues to bleed out as its capitalization drops to $950 billion. Meanwhile, extreme fear is once again the predominant sentiment.
The cryptocurrency market continues to struggle, with its total capitalization shedding another $50 billion over the past 24 hours.
This comes as Bitcoin’s price plunged to a daily low of around $19,500, and other cryptocurrencies also feeling the heat.Bitcoin shed another percent off its dollar value in the past 24 hours and dropped to a low of around $19,520 .As seen in the chart above, the price has now recovered to about $19,900, but the cryptocurrency is still done some 6.5% in the past week.
It’s also worth noting, though, that BTC’s dominance – the metric commonly used to gauge its performance relative to that of the rest of the market – increased a bit in the past 24 hours. This means that BTC performed better than altcoins.This is all you need not to miss any price action in the raging crypto markets. Start receiving this recap, for free, every day:
Norge Siste Nytt, Norge Overskrifter
Similar News:Du kan også lese nyheter som ligner på denne som vi har samlet inn fra andre nyhetskilder.
Bitcoin's price trades below $20,000The price of bitcoin experienced continued weakness on Saturday, trading below $20,000.
Les mer »
Bitcoin, Ethereum Extend Losses to $20,230 and $1,500Bitcoin falls to $20,230 hit by Jerome Powell’s speech, ethereum drops deeper too. $BTC $ETH santimentfeed
Les mer »
Crypto Market Cap Below $1T, Bitcoin Fights for $20K (Weekend Watch)The crypto market cap struggles below $1T as bitcoin, and most altcoins have failed to produce any significant gains.
Les mer »
Bitcoin dips below $20,000Bitcoin dipped below $20,000 on Saturday, continuing a drop that has taken it down nearly 60% from its year high.
Les mer »
Bitcoin dips below $20,000 By Reuters*BITCOIN DIPS BELOW $20,000 AS CRYPTO MARKET CAP SINKS UNDER $1 TRILLION - BTC BITCOIN
Les mer »
Bitcoin mining difficulty set for 8-month record gains despite BTC price dipBitcoin is about to see new all-time highs in difficulty, and hash rate might follow, BTC on-chain data shows.
Les mer »