Bitcoin fell below $20,000 on Wednesday as a number of factors from macroeconomic worries to issues with cryptocurrency companies continue to weigh on the market. The world’s largest cryptocurrency was trading down more than 4% at around $20,056.48 at 07:36 a.m. ET, according to CoinDesk data. Earlier on Wednesday, bitcoin fell as low as $19,841. Other digital...
Bitcoin prices fell for a third day, with prices nearing the critical 20,000 level. A break below the psychological support level would likely see bears press the attack, potentially sending prices to test the June swing low set earlier this month. Alternatively, a rebound would aim to reverse early-week losses, with the falling 20-day Simple Moving Average (SMA)...
Bitcoin and other cryptocurrencies were lower on Tuesday as the digital asset space remained under pressure. Investors across asset classes remain downbeat, and the picture for crypto continues to look cloudy. The price of Bitcoin fell 2% over the past 24 hours to $21,000. That’s less than one-third of the largest crypto’s all-time high near $69,000 in November...
Popular cryptocurrency Shiba Inu (SHIB) overtook another popular coin, TRX, from the company TRON in the top by market capitalization from the portal CoinMarketCap. SHIB, traditionally referred to as a memecoin, showed an impressive seven-day increase in quotations by more than 40%, which helped Shiba Inu add another $2 billion to its capitalization. Thus, SHIB...
The Russian army has begun a military operation in Ukraine as missile explosions have been heard surrounding several areas, including the capital of Kiev. Markets have dropped in response. Global crypto and stock markets plunged after Russian President Vladimir Putin announced on a national broadcast that his army would conduct a “special military operation” in...