Summary:
The total cryptocurrency market’s capitalization has lost around 0 billion in the past hours. This comes as Bitcoin corrects to below ,000. Nevertheless, the cryptocurrency is still up more than 20% on the weekly.Corrections are to be expected, especially when the market turns parabolic. Over the past 7 days, bitcoin’s price is up by a whopping 20% after arguably one of the most important developments for the market.BTC soared earlier this week when Elon Musk’s Tesla filed a document with the SEC, revealing a massive .5 billion Bitcoin buy. Bitcoin touched a high of just shy of K on the news, and today’s correction shouldn’t come as a surprise to many.In any case, the price is currently trading around ,400, and it dipped to an intraday low of ,746 on Bitstamp.BTC/USD,
Topics:
George Georgiev considers the following as important: AA News, Bitcoin (BTC) Price, BTCEUR, BTCGBP, btcusd, btcusdt
This could be interesting, too:
The total cryptocurrency market’s capitalization has lost around 0 billion in the past hours. This comes as Bitcoin corrects to below ,000. Nevertheless, the cryptocurrency is still up more than 20% on the weekly.Corrections are to be expected, especially when the market turns parabolic. Over the past 7 days, bitcoin’s price is up by a whopping 20% after arguably one of the most important developments for the market.BTC soared earlier this week when Elon Musk’s Tesla filed a document with the SEC, revealing a massive .5 billion Bitcoin buy. Bitcoin touched a high of just shy of K on the news, and today’s correction shouldn’t come as a surprise to many.In any case, the price is currently trading around ,400, and it dipped to an intraday low of ,746 on Bitstamp.BTC/USD,
Topics:
George Georgiev considers the following as important: AA News, Bitcoin (BTC) Price, BTCEUR, BTCGBP, btcusd, btcusdt
This could be interesting, too:
Chayanika Deka writes Yuga Labs Secures Major Win as SEC Closes Investigation Without Charges
Andrew Throuvalas writes Bitcoin Soars Back To ,000 After BlackRock CEO Says “Buy The Dip”
Chayanika Deka writes XRP, SOL, and ADA Inclusion in US Crypto Reserve Pushes Traders on Edge
Chayanika Deka writes Why Arthur Hayes Is Bullish on Bitcoin Under Trump’s Economic Strategy
The total cryptocurrency market’s capitalization has lost around $100 billion in the past hours. This comes as Bitcoin corrects to below $44,000. Nevertheless, the cryptocurrency is still up more than 20% on the weekly.
- Corrections are to be expected, especially when the market turns parabolic. Over the past 7 days, bitcoin’s price is up by a whopping 20% after arguably one of the most important developments for the market.
- BTC soared earlier this week when Elon Musk’s Tesla filed a document with the SEC, revealing a massive $1.5 billion Bitcoin buy. Bitcoin touched a high of just shy of $50K on the news, and today’s correction shouldn’t come as a surprise to many.
- In any case, the price is currently trading around $44,400, and it dipped to an intraday low of $43,746 on Bitstamp.
- In any case, the longer-term trend remains largely intact.
- However, today’s dip saw a total of around $1.17 billion liquidations, where around 80% of them were long positions.
- A lot of the altcoins have also corrected in the past few hours, though the majority of them continue to be in green on a 24-hour timeframe.
- Nevertheless, the most recent developments saw around $100 billion of the total market capitalization erased, as Bitcoin’s dominance sits just shy of 62%.