The crypto market has been experiencing a significant bearish trend, with the overall market capitalization dropping by 9% recently, now falling below $2 trillion to $1.99 trillion. Conversely, trading volume has surged by 40% in the past 24 hours. Bitcoin has been hit hard, dropping 7% to a five-month low
In the past 24 hours, Dogecoin (DOGE) has displayed a sharp decline of over 23%, plummeting from a high of $0.11898 to a low of $0.09166. This drop brings DOGE closer to reaching a new low for the year and reflects the broader impact of Bitcoin’s recent slide to $53,000,
U.S Spot Bitcoin ETFs again are seeing withdrawals, with the most recent reaching $35 million, after a short period of inflows. Lookonchain, a blockchain analytics platform, disclosed today that Grayscale (GBTC) withdrawals were $30.7M. The investment asset management organization now has 274,734 units of Bitcoin ($15.76 billion), after this $30.7
While the global crypto market faces a downturn with Bitcoin (BTC) dropping to the $57,000 zone, Friend.tech (FRIEND) recorded a new all-time low. According to the CoinMarketCap data, it dropped over 42.46% from the high of $0.4483 to the all-time low of $0.3062—a level not seen since its launch in
Today, Mt. Gox initiated small transfer tests at 12:21 UTC+8, involving transactions such as sending 0.0001 BTC to Bitbank’s hot wallet and 0.0001862 BTC to unmarked addresses. These activities highlighted the anticipated distribution of 140,000 BTC and 143,000 Bitcoin Cash (BCH) by Mt. Gox, scheduled between July and October. Concerns
The crypto market’s window opened on an anxious note, sliding back to a valuation of $2.13 trillion. With a dip of 4.76%, Bitcoin (BTC) plunged to a two-month low of $57.2K. The fall has caused the altcoins herd to perform at its lowest. Notably, the largest altcoin Ethereum (ETH) fell
The Bitcoin mining firm CleanSpark achieved a 6.7 percent rise in Bitcoin output in June, surpassing its mid-year hashrate objective of 20 EH/s. The U.S miner had 6,591 Bitcoins (BTC) as of June 30th, which is more than $4 billion at current pricing. It only sold 8 of the 445
Bitcoin, the leading cryptocurrency, showed further price declines in the last 24 hours. The token has experienced several bearish price movements in June, after its bullish trends in the previous months. The leading digital asset’s persisting price dips have caused concern in the market. Notably, over the last 24 hours,
The 11 U.S spot bitcoin ETFs had a net withdrawal of $13.62 million on Tuesday, marking a return to negative flows after five consecutive days of inflows. According to SosoValue statistics, GBTC (Grayscale) witnessed outflow of $32.38 million and BITB (Bitwise) shed $6.76 million. In contrast, $14.12 million came into
The global cryptocurrency market has displayed a notable downtrend recently. Following a substantial price surge, Bitcoin (BTC) briefly climbed above $63,700 before experiencing a decline that mirrored the overall market trend. In the past 24 hours, the global crypto market saw a bearish reversal, dropping over 2.32% to $2.26 trillion.
