Top 10 cryptocurrencies decline as BlockFi declares bankruptcy
As U.S.-based cryptocurrency lender Blockfi filed for bankruptcy overnight, causing another victim of this month's collapse of the FTX exchange, Bitcoin and Ether.
As U.S.-based cryptocurrency lender Blockfi filed for bankruptcy overnight, causing another victim of this month's collapse of the FTX exchange, Bitcoin and Ether.
Following a relatively quiet few days of trading during the Thanksgiving holiday in the United States, Bitcoin was little changed in Monday morning.
The top 10 non-stablecoin cryptocurrencies by market capitalization had a mixed performance on Friday morning in Asian trading, with Ether rising.
The U.S. Federal Reserve released meeting minutes on Wednesday, indicating that it is looking to slow the rate of interest rate increases as.
As the market shed earlier this week's lingering concerns about more contagion from the now-bankrupt cryptocurrency exchange FTX, Bitcoin soared past US$16,000 in.
As speculators drove the values of major cryptocurrencies lower on Tuesday morning trading, Bitcoin hit a more than two-year low due to worries.
Along with the other top 10 non-stablecoin cryptocurrencies by market capitalization, Bitcoin and Ether all decreased in value during Monday's early Asian trade.
On Saturday trade volumes, Bitcoin is still unable to surpass $17,000 and struggles below that level.
According to Nouriel Roubini, who posted on Twitter, Bitcoin and other cryptocurrencies may decline much more from their current levels if Digital Currency.
According to the crypto analytics company Santiment, adverse price movement in the market hasn't discouraged Ethereum (ETH) whales.