Bitcoin falls below key $40k threshold amid continued sell off
Bitcoin falls below key $40k threshold amid continued sell offThe decline to around $40,000, Bitcoin's lowest level since mid-December of the previous year, has been driven by a sustained sell-off amid a series of macroeconomic and market-specific factors.
Happy Tuesday!The global crypto market cap is $1.53 trillion, with a 24-hour volume of $78.09 billion. The price of Bitcoin is $39,372.94, and BTC market dominance is 50.3%. The price of Ethereum is $2,219.74, and ETH market dominance is 17.4%. The best-performing sector is Jobs, which gained 21%. The Crypto Fear & Greed Index is currently Neutral (50). Top News
Bitcoin falls below key $40k threshold amid continued sell offThe decline to around $40,000, Bitcoin's lowest level since mid-December of the previous year, has been driven by a sustained sell-off amid a series of macroeconomic and market-specific factors. Bitcoin tumbles under $39,000 triggering $115M liquidation in 1 hourThe crypto market appears shaken as Bitcoin and Ethereum prices tumbled to new local lows. Bitcoin ETFs expected to launch in Hong Kong by mid-2024Multiple firms are looking to launch spot Bitcoin ETFs within the coming months now that Hong Kong has softened its stance toward the industry. Latest Insights
More NewsWhy is so much old and hodled Bitcoin on the move but UTXOs and exchanges remain unaffected?CryptoSlate analysis found large Bitcoin transactions linked to ETF activity driving up CDD and A2VR. Crypto investment products see first outflows of the year amid Bitcoin’s ‘very high trading volumes’High-cost ETF issuers in the United States have reported substantial outflows from their funds since spot BTC ETFs were launched. Tornado Cash developers to receive funding from new legal defense DAOFundraisers brought in over $68,000 during the first several hours. Prominent crypto lawyer criticizes SEC overreach in Ripple lawsuit, advocates for financial freedomCrypto lawyer John Deaton deems SEC's lawsuit against Ripple an attack on personal liberties, highlighting the broader fight for financial freedom in America. Bearish Bitcoin leads to tumble in crypto stocks, with Coinbase taking a hitJPMorgan downgraded Coinbase shares to underweight because of the current market conditions.
|
Older messages
Bitcoin ETFs buy 95,000 BTC as assets under management hit $4 billion
Monday, January 22, 2024
Growing investor appetite evident as "Newborn Nine" Bitcoin ETFs accumulate $4 billion in assets under management.
Bitcoin ETFs: An in-depth look at the first 5 days of trading
Sunday, January 21, 2024
We explore the first 5 days of Bitcoin ETF trading, analyzing their inflows and implications on the broader market.
Franklin Templeton CEO says ETF has shown ‘demand’ for Bitcoin is ‘everywhere’
Saturday, January 20, 2024
Jenny Johnson said the launch of Franklin Templeton's Bitcoin ETF is a strategic response to the increased use of Bitcoin in transactions and its integration into the broader financial system.
If BlackRock continues 6k BTC daily buys we get a supply crunch within 18 months, here’s why
Friday, January 19, 2024
A fun exploration into why Bitcoin liquidity is not the same as other commodity ETFs.
JPM’s Jamie Dimon believes Satoshi Nakamoto will either increase or “erase” Bitcoin supply
Thursday, January 18, 2024
The JPMorgan CEO's unfounded theories on Bitcoin have attracted massive backlash.
You Might Also Like
🥛 Bitcoin's biggest event of the year - don't miss the alpha! 🚨
Friday, July 26, 2024
PLUS: How long does it take to make $1M? 🤔
What will Trump say in his Bitcoin Conference 2024 keynote tomorrow?
Friday, July 26, 2024
Trump's evolving stance on Bitcoin marks a historic shift in his campaign strategy ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏
WuBlockchain Weekly: Ethereum Spot ETF Sees Net Outflow of $179 Million in Three Days, Mt. Gox Assets Continue to …
Friday, July 26, 2024
1. ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏
NFT & Blockchain Gaming Weekly - 🚀 Solana Monkey Business & Other Collections Propel Solana NFT Sales to Second P…
Friday, July 26, 2024
Solana Monkey Business & Other Collections Propel Solana NFT Sales To Second Ranking. Telegram Launches Web3 App Store. Animoca Partners The Open Network (TON) for Ecosystem Integration. ͏ ͏ ͏ ͏ ͏
Thinking Through the POGO Ban
Friday, July 26, 2024
CRYPTODAY 136 ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏
🥛 Are you investing or gambling in markets? 🎰
Thursday, July 25, 2024
PLUS: Crypto is down. Here's why… 🩸
Bitcoin and Ethereum plunge after US tech sell-off, sparking $300 million in losses
Thursday, July 25, 2024
The strong outflows from spot Ethereum ETFs also contributed to the downward market pressure. ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏
Analysis: Comparison of Buy and Sell Orders after the Ethereum Spot ETF Listing and Its Long-term Impact
Thursday, July 25, 2024
By SoSoValue ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏
Reminder: Crypto Companies Show Resilience As Microsoft Outage Affects Millions
Thursday, July 25, 2024
We bring you the top stories in crypto every week! Stories like... Monday July 22, 2024 Sign Up Your Weekly Update On All Things Crypto TL;DR Crypto Companies Show Resilience As Microsoft Outage
🥛 Bitcoin is digital gold, what's Ethereum? 👀
Wednesday, July 24, 2024
PLUS: ETH vs. BTC ETFs: The Day 1 showdown ⚔️