Crypto market wrap, Dec 30: Bitcoin hits monthly low, altcoins struggle amid market downturn

The cryptocurrency market continues to face bearish momentum as Bitcoin (BTC) drops to a monthly low, dragging down major altcoins alongside it. Despite an uptick in trading volume, the overall market sentiment remains cautious, with uncertainties surrounding regulatory developments and market dynamics.

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Crypto today: BTC wavers at $68.5K, DOGE gains 10%, TRX holders at profit

Digital assets traded in the red today as cryptocurrency enthusiasts remain skittish amidst the United States Presidential elections. Bitcoin price retraced towards the $68K mark, dragging the altcoin market lower over the past day.

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Bitcoin Takes A Beating: Another $630 Million Exits, Price Drops Lower

The once-sizzling crypto market continues to sputter, with Bitcoin, the undisputed king of the digital realm, leading the retreat. After a euphoric climb that saw it breach the $73,000 level earlier this year, Bitcoin has shed its royal cloak, plummeting to new lows and dragging the entire crypto ecosystem into a period of frosty uncertainty.

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Bitcoin ETFs are 'orange FOMO poker chips' that siphon on-chain funds back into TradFi

Bitcoin’s goal of creating a decentralized financial system may be challenged by ETFs “dragging money back into the TradFi world,” according to the macro researcher.

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Bitcoin Back In The Bullpen: Whales Spark Rebound With $2.8 Billion Purchase

The past few weeks have been a rollercoaster ride for Bitcoin investors. Fears of inflation and geopolitical tensions sent shockwaves through the cryptocurrency market, dragging Bitcoin and its altcoin brethren down to depths not seen since early 2024.

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Bitcoin entering most likely 2 weeks for new BTC price dip — Analysis

Bitcoin market inertia is dragging on, and a BTC price drop over the next fortnight would correspond to classic post-halving behavior.

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Swissblock: Next stop for $BTC $76K; $GFOX may hit $5 million before presale ends

Larry Fink is making the rounds on national television shilling Bitcoin (BTC), and analysts from Swissblock predict the next stop for BTC is $76K. The leader of the top ten cryptocurrencies is aggressively dragging the rest of the market along…

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3 Altcoins That defy Bitcoin Dominance And Continue To Rally – CSPR, TWT, CRV

CSPR’s price remains strong despite price facing rejection from a high of $0. 055 as the price holds above the key support area.   TWT breaks out of a descending triangle as the price looks strong despite Bitcoin (BTC) dragging market prices down.

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Polygon Bulls In Control, According To This Indicator As Bitcoin Continues In A Range

MATIC’s price remains strong despite price facing rejection from a high of $0. 8 as the price holds above the key support area.   MATIC breaks out of a descending triangle as the price looks strong despite Bitcoin (BTC) dragging market prices down.

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Here’s why miner capitulation is actually good news for Bitcoin

Bitcoin’s highly volatile price has devastated the majority of the crypto market and is now dragging miners down with it. The post Here’s why miner capitulation is actually good news for Bitcoin appeared first on CryptoSlate.

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Market Wrap: Bitcoin Rises Slightly Along With Stocks

U. S. equity indexes snapped a three-day losing streak on Wednesday, dragging along crypto assets. Bitcoin and other crypto assets rose along with U. S. stocks, which broke a three-day losing streak on Wednesday as investors' appetite for riskier assets returned.

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Bitcoin’s Up, Gold’s Down, the Euro Is Dragging – and It’s All Inexorably Tied

Bitcoin the inflation hedge; the prodigal child returns.

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SEC Extends Deadline for Approving Ark Invest’s Bitcoin ETF

The SEC keeps dragging its feet on approving a spot-based Bitcoin ETF

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Wall Street Investors Expect Bitcoin To Hit $10,000, Is This Possible?

The decline of bitcoin over the last several weeks has raised concerns among investors in the space. The digital asset which had peaked at $69,000 had declined as low as $17,600 and continues to struggle to hold $20,000, dragging investor sentiment down with it.

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Assessing Why Bitcoin (BTC) Dropped Beneath $20K on June 30

Cryptocurrency bears confirmed their presence with a new assault on BTC early on June 30, dragging the bellwether crypto beneath the crucial $20,000. The downside emerged after Grayscale revealed rejections of its BTC ETF application.

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BTC price rejects at $23K as US dollar declines from fresh 20-year highs

The Fed rate hike does not offer much relief as a downtrend in stocks resumes, dragging Bitcoin with it.

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Bitcoin Risks Plunging To $20,000 As LUNA Fatally Crashes To $0 — Over $1.28 Billion Liquidated In Hours

On Thursday, Bitcoin continued to shed its value, dragging along other crypto-assets.

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3 Reasons for Bitcoin's Drop Below $40,000

Here are three causes that may be dragging first cryptocurrency down

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Notes on Bitcoin market mood swings of 'extreme fear' and 'buy the dip'

The cryptocurrency community has been in a dismal state over the past week, as Bitcoin lost over 10% of its valuation during this time, dragging down many altcoins along with it. The top digital assetThe post Notes on Bitcoin market mood swings of 'extreme fear' and 'buy the dip' appeared first on AMBCrypto.

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While The U.S Stalls, A Carbon-Negative Bitcoin ETF Has Just Made A Grand Debut In Canada

While the U. S. is dragging its feet in approving a cryptocurrency exchange-traded fund, Canada, its near neighbor, is leading the way in cryptocurrency ETF adoption. Canada already has around 25 cryptocurrency ETF tickers trading on its Toronto Stock Exchange.

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Tech Stocks Dragging Bitcoin, Ether, & Crypto’s Down, But ‘Fundamentals Still Strong’

This has been just a technical correction, but while BTC continues to range, gold prices are finally showing strength, surging to $1,840 per ounce with the US dollar index on a downtrend since late March.

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DeFi Tokens See Red as Crypto Market Correction Deepens

Cryptocurrency markets are undergoing another correction since the bull market began in late 2020. As bitcoin continues to fall, it’s dragging the rest of the market down with it. BTC has dropped 14% since hitting an all-time high of $61,359 last week.

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Increasing stock market volatility drags Bitcoin and altcoin prices lower

Growing concerns over rising U.S. Treasury yields are putting pressure on global financial markets and possibly dragging cryptocurrency prices lower.

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Crypto Market Loses $400 Billion In A Day After Janet Yellen Warns Bitcoin Is ‘Extremely Inefficient’

Bitcoin abruptly dropped from a high of $58k reached on Sunday to a value of $47k on Monday 22 February for one of its biggest-ever corrections in dollar terms, dragging the rest of the crypto market down with it.

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Crypto Market Forecast: W/C 21 December 2020

A curated weekly summary of forward-focused crypto news that matters. This week, Bitcoin passes through $20,000 and keeps going - dragging numerous altcoins along with it.

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Bitcoin, Ontology, Dogecoin Price Analysis: 12 September

Bitcoin was trading beneath its $10,400 resistance level, at press time. If it manages to reclaim the level as support, it could surge north to $11,200, dragging with it the rest of the market. FurtheThe post Bitcoin, Ontology, Dogecoin Price Analysis: 12 September appeared first on AMBCrypto.

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How Turning Stock Market Sentiment Could Drag Bitcoin Down Further

Last week closed with a brutal drop in the stock market and a $2,000 plunge in Bitcoin. While there’s a chance that what’s going on across the crypto market was profit-taking, turning stock market sentiment could end up dragging down Bitcoin, Ethereum, and other top crypto assets much like it did during the Black Thursday market collapse.

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Here Are the Levels to Watch After Bitcoin Plunged $1,500

Earlier this week, Bitcoin surmounted $12,000 as global markets surged as the U. S. dollar saw a notable collapse. The world’s reserve currency, though, has since reversed, dragging down global markets with it.

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Cryptocurrency price update: Ethereum and XRP

Bitcoin slumped to lows of $8,980 on Wednesday, the decline dragging the rest of...

The post Cryptocurrency price update: Ethereum and XRP appeared first on Coin Journal.

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Cryptocurrency News Roundup for June 12, 2020

After coming so close to breaking the $10,000 barrier for the first time since the start of the month, Bitcoin bears came out in full force, dragging the price down by 10%. The flagship crypto has gradually recovered and is trading around $9,440 at press time.

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Bitcoin Futures market sees increased turbulence as instability looms large

Bitcoin's price has been revolving around the $7k mark for a couple of weeks now. Every time the coin breaches the $7k, it has been met with extreme selling pressure, dragging down its value. However,The post Bitcoin Futures market sees increased turbulence as instability looms large appeared first on AMBCrypto.

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Market Update: Uncertainty Remains Thick as Bears Claw Bitcoin Price Below $6K

Bitcoin’s price has been dragging downward and on March 29, BTC’s fiat value slipped beneath the $6K zone. Most of the top ten cryptocurrencies are down between 5-8% in the last 24 hours.

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These Two Cryptos Are Leading the Recovery as $10 Billion Returns

As Bitcoin continues to plummet dragging most major cryptoassets with it, two cryptos are leading the recovery. Tezos and Link have shot up today as $10bn returns to the cryptocurrency market cap. Tezos and Link Show Remarkable Recovery The end of the month is fast approaching with Bitcoin on track to erase all gains made in February.

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Ethereum Pushing Bitcoin to $10,000 with Futures on Premium

Ethereum seems to have turned bullish, up around 4% today, or $10, after rising 4% yesterday with the second biggest crypto seemingly dragging bitcoin with it. Bitcoin is nearing $10,000.... The post Ethereum Pushing Bitcoin to $10,000 with Futures on Premium appeared first on Trustnodes.

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Bitcoin Price Flash Crashes to $6,900 as Non-Correlation Tests Hodlers’ Patience

Bitcoin's price tumbled to fresh two-week lows on Thursday, dragging the broader cryptocurrency market along with it. The post Bitcoin Price Flash Crashes to $6,900 as Non-Correlation Tests Hodlers’ Patience appeared first on CCN.com

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Bitcoin, other large-cap cryptos have failed to break even in the last month

Bitcoin and other large-cap cryptocurrencies like XRP, Ethereum etc, were analyzed by Zerononcense in a recent report, and the results indicate that these large-cap cryptocurrencies have not broken even.

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Tom Lee Is Afraid Trump will Institute a Bitcoin Ban

Fundstrat Lead Analyst Thomas Lee shared his worst nightmare on Twitter and it involved the U. S. President placing a ban on Bitcoin. Is Libra Dragging Bitcoin Down? As the US Congress and Senate hearings on Facebook’s Libra cryptocurrency wrapped up, members of the Trump administration shifted their gaze onto Bitcoin and cryptocurrency as a whole.

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Crypto Markets Plunge Below $300 Billion as Altcoins Bleed Out

Crypto currency markets have slumped almost $20 billion as bitcoin and its brethren continue to slide this weekend. The digital avalanche picked up pace around an hour ago when BTC fell through resistance and $11,000 dragging all of the altcoins into the quagmire with it.

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Altcoin Avalanche Begins as Cryptocurrency Markets Shed $16 Billion

Cryptocurrency markets are cooling off during the morning’s Asian trading session. The July fourth parties in the US maybe coming to a close but Bitcoin is beating a retreat at the moment, dragging the altcoins into the quagmire once again.

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World’s first Bitcoin ETF may find its home in the land down under as Australian accounting firm contemplates proposal

Adoption is a major dilemma in the cryptocurrency space, with virtual assets continuously working towards legitimate approval for worldwide implementation. Bitcoin [BTC], which is evidently the most preferred one in the ecosystem due its high price valuation and popularity, has recently been trying to receive an ETF approval.

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Bitcoin’s [BTC] price rally seems to be stopping dead in its tracks; what goes up, must come down?

Bitcoin’s [BTC] bullish rally in April which bumped the king coin’s price by over 110 percent, halted on June 3. A massive pullback was witnessed, dragging the price down by over 6 percent in an hour at its peak.

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Bitcoin [BTC]: Bitstamp-induced BTC pullback not a sign of market manipulation, claims Weiss Ratings

With the current market recovering from the recent Bitcoin [BTC] pull back dragging the price of Bitcoin under $7,500, a hunt has ensued for the source. Bitstamp, the Japanese cryptocurrency exchange which saw a crucial order set tremors in the market is the touted source, however, some dispute this claim.

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Bitcoin Price Loses Almost $1,000 Overnight, Pulling Crypto Market into Red

Bitcoin suddenly drops from the $8,000 range to the $7,200 area, dragging altcoins down and making the market lose a staggering $21 bln

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Bitcoin Slips in Popularity So Regulation Is Not a Priority For Russia Anymore, Prime Minister Affirms

When Bitcoin emerged as one of the hottest assets in the world in 2017, the world started to be concerned about how to regulate cryptocurrencies. Unfortunately, though, most countries have been dragging their feet somehow.

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EY Blockchain Whiz Quits Crypto, Says Adoption Not in Bitcoin’s Forecast

By CCN: The ruthless bitcoin bear market of 2018 has claimed numerous victims, including many crypto startups and executives. The latest is former EY blockchain leader Angus Champion de Crespigny, who’s leaving the industry.

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CME Chairman Admits Bitcoin’s Finite Amount is a Problem

CME Group chairman Terry Duffy recently revealed the biggest reason why regulators have been dragging their feet on Bitcoin and cryptocurrencies: finite supply. *Only* 21 Million Bitcoin is a Problem Imagine the post office proclaiming in 90s that the problem with email is that the postman doesn’t deliver it to your door.

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Russia quietly removes mentions of cryptocurrency from delayed digital asset bill

Bitcoin enthusiasts in Russia will have to endure yet another setback as the government has a postponed bill seeking to recognize and regulate digital financial assets in the country. The delay comes after several terms including “cryptocurrency,” “smart contracts,” and “token” were removed from the bill’s text.

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SEC Chases Billions out of US Economy by Dragging Feet on Bitcoin ETF

Many cryptocurrency investors and entrepreneurs have anxiously awaited a green light from the U. S. Securities and Exchange Commission for the first bitcoin exchange-traded fund (ETF). A bitcoin ETF would bring more products to Wall Street and give institutional investors more direct access to an asset class they are clearly very enthusiastic about in 2019.

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Electroneum Price Risks Dropping Below $0.0055 as Community Unrest Grows

Things are not going well for most of the cryptocurrency markets right now. With Bitcoin dragging everything else down with it in quick succession, the losses are piling up fairly quickly. For the Electroneum price, the current momentum is not necessarily all that great.

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