Bitcoin continues its battle for the coveted $20K level while the majority of altcoins are painted in red.
The past 24 hours saw the wide majority of cryptocurrencies chart mild declines as the total market capitalization, once again, approaches the coveted $1 trillion mark. Bitcoin continues to flirt with $20K, whereas Ethereum and most of the altcoins are trading mostly in red.$20,000 is an important psychological and technical level for Bitcoin. It’s the high of the iconic 2017-2018 bull market, and it’s critical for the cryptocurrency to maintain a price above it to prevent further declines.
Over the past 24 hours, the battle between the bulls and the bears continues. At the time of this writing, the cryptocurrency is down 1.5% on the day, trading at slightly below $20K. It’s down 7% for the week.As seen in the chart above, the volatility has also declined substantially over the past 24 hours, unlike the day before that when it dropped towards the lows at $19,500 only to bounce back above $20K shortly after.
Norge Siste Nytt, Norge Overskrifter
Similar News:Du kan også lese nyheter som ligner på denne som vi har samlet inn fra andre nyhetskilder.
Recovery: Bitcoin Reclaims $20K, ETH Regains 10% (Market Watch)The cryptocurrency market bounced today, adding over $50 billion to its capitalization on the back of considerable gains from both Bitcoin and Ethereum.
Les mer »
Daily Volatility Surges as Bitcoin Fights for $20K (Market Watch)The volatility in the cryptocurrency market increased over the past 24 hours as both Bitcoin and Ethereum are fighting around important levels.
Les mer »
Bitcoin price clings to $20K as analyst says Fed ‘buried’ soft landingNo more 'soft landing?' A new reading of the Fed presents a fresh headache for Bitcoin.
Les mer »
First Mover Asia: Bitcoin Claws Back Above $20K; Singapore Bank Head’s Speech Reflects Growing Crypto HostilityBitcoin regains support above $20K after falling below this level, and ether also rallies late Tuesday; Singapore's approach to cryptos, recently articulated by the head of its central bank, may not be realistic. JPRubin23 and TheSamReynolds report
Les mer »
First Mover Asia: Waves Founder Defends USDN Stablecoin Depegging, Trashes Fears of a UST-Like Implosion; Bitcoin Burrows in Above $20K.wavesprotocol founder sasha35625 dismissed criticism of the protocol’s decision to add the new SURF token to a basket of tokens that backs its USDN stablecoin; bitcoin held fast above $20K, while ether also rose. shauryamalwa and JPRubin23 report
Les mer »