Bitcoin rose above $21,000 on Thursday following a jump in U.S. stocks.
The crypto market is dealing with a number of issues including potential insolvency at lending firm Celsius as well as algorithmic stablecoin USDD losing its peg.rose on Thursday following a similar jump in U.S. stocks, but investors are still reeling from a dramatic plunge over the last few days that saw the world's largest cryptocurrency almost drop below $20,000.
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Crypto Markets Erased $300B in Days, Bitcoin Dipped to $20.8K: Market WatchOver $300 billion are gone from the crypto market cap in less than a week as bitcoin and ether dumped to multi-yearly lows.
Source: Crypto_Potato - 🏆 568. / 51 Read more »
Teetering Digital Dollar USDD Falls Further From Its $1 Target Amidst Major Market UncertaintyTroubled stablecoin USDD is sliding further away from its targeted $1 peg Wednesday morning amidst further crypto turmoil that is seeing bitcoin threaten to fall below $20,000. Usdc or usdd? I’ve never heard of usdd Now is the time to panic!
Source: Forbes - 🏆 394. / 53 Read more »
First Mover Asia: Traders See Bitcoin Falling to 2017 Levels Amid Ongoing Inflation, Economic Concerns; Cryptos StruggleBitcoin prices could tumble to 2017 highs under $20,000 before long-term buyers return to the market, and provided macroeconomic sentiment improves, says one analyst; BTC, ETH struggled in Tuesday trading. shauryamalwa and JPRubin23 report shauryamalwa JPRubin23 Chumming the waters for sharks because you know it is going lower shauryamalwa JPRubin23 all the big sources want to hide this shauryamalwa JPRubin23 That’s what is going to happen. 12k as cheds put it .
Source: CoinDesk - 🏆 291. / 63 Read more »
$4.5 trillion investment giant Fidelity says Bitcoin is now ‘technically oversold’In the midst of the bearish market sentiment that has seen the price of Bitcoin (BTC) threaten the crucial $20,000... Continue reading
Source: CryptoPanicCom - 🏆 563. / 51 Read more »
Cryptos See Over $1B in Liquidations as Bitcoin, Ether Lose Major Support LevelsCrypto-tracked futures lost over $1 billion in the past 24 hours weighed down by a weak sentiment for bitcoin and other cryptocurrencies amid a weak global economic outlook. shauryamalwa reports. shauryamalwa People, we need to tell everyone about this! 🦉👀 shauryamalwa I find amazing the 'global outlook' is loosely brought in by media as 'studies show', steering people's thoughts towards a particular direction. It's not the people, it's the algo trading fucking everything up - people these days tend to be long term investors!
Source: CoinDesk - 🏆 291. / 63 Read more »