Spot Bitcoin ETFs Triggered A Sell-off Causing Bitcoin To Drop Below $40,000
Bitcoin (BTC) has continued its downward movement over the past week, dropping below the $40,000 mark for the first time in over two.
Bitcoin (BTC) has continued its downward movement over the past week, dropping below the $40,000 mark for the first time in over two.
As one of the prominent stablecoins in the cryptocurrency industry, USDC has experienced a significant drop in market cap in recent months. Redemptions.
The memecoin mania that choked the Bitcoin network last week appears to have subsided. Furthermore, the popular frog-themed PEPE memecoin has dropped 60%.
The cryptocurrency community expects the meme-inspired cryptocurrency Shiba Inu ($SHIB) to trade mostly sideways until the end of the month, when it will.
The price of bitcoin was unable to break through the $28,500 resistance zone, which prompted a downward price reaction. A pessimistic response was.
Over the $1,600 resistance level, the price of ethereum started to significantly rise. Even more so than bitcoin, ETH overcame the crucial $1,700.