For the first time since September, Bitcoin falls below $42,000
Bitcoin, the most valuable cryptocurrency by market capitalization, fell as much as 4.9 percent to $41,008, a drop of about 40% from its.
Bitcoin, the most valuable cryptocurrency by market capitalization, fell as much as 4.9 percent to $41,008, a drop of about 40% from its.
Mike Novogratz, a well-known crypto investor and former Goldman Sachs management, believes Bitcoin has a good possibility of falling below $40,000 and testing.
As the gloomy feeling grows, it appears that crypto investors will have no relief. The cryptocurrency market as a whole is down another.
In 2022, the crypto market experienced its first significant liquidation event, with the majority of the market bleeding in double digits. Bitcoin plummeted.
On the Bitstamp platform, the price of Bitcoin, the world’s largest cryptocurrency, fell to a daily low of $42,412 on Monday, a 7.5.
Bitcoin’s market share has continued to decline, reaching a low of around 40% this week. According to Tradingview data, this is very close.
Popular Bitcoin trader Tone Vays states his fears on BTC’s technicals as it struggles to find support below the $50,000 mark. Furthermore, Tone.
Smart Contracter is a popular crypto strategist and trader and goes on to say that Bitcoin (BTC) may still need to make some.
Crypto analytics firm Glassnode is analyzing the Bitcoin’s on-chain data inorder to ascertain the reason behind the price correction. So, Glassnode explains better,“Bitcoin.
Total crypto market capitalization losses $216 billion since yesterday as it declines to just below $2.78 trillion, as per CoinGecko. Furthermore, The huge.