Opinions expressed by Entrepreneur contributors are their own. Bitcoin holders are skittish following the dramatic collapse of the FTX cryptocurrency exchange, according to blockchain analysts at Glassnode. Bitcoin (BTC) withdrawals have hit a record rate of 106,000 monthly, indicating that customers may be losing trust in third-party services. NurPhoto /
Bitcoin dipped under US$19,000 to the lowest price since mid-June in an across-the-market slump for the top 10 cryptocurrencies by market capitalization in Wednesday morning trading in Asia. Ether also lost ground even though it began one of its last required upgrades on Tuesday before the network Merge expected later
Key Insights: Bitcoin (BTC) rose by 1.79% on Saturday to extend its winning streak to four sessions. Market sentiment towards US retail sales figures and further reaction to FOMC member chatter delivered support. The Bitcoin Fear & Greed Index increased from 21/100 to 24/100, reflecting improving investor sentiment. On Saturday,
Don’t miss CoinDesk’s Consensus 2022, the must-attend crypto & blockchain festival experience of the year in Austin, TX this June 9-12. Bitcoin fell below the $18,500 price level for the first time Saturday, failing to rebound back to the $20,000 to $23,000 range it had been steadily trading at last
Don’t miss CoinDesk’s Consensus 2022, the must-attend crypto & blockchain festival experience of the year in Austin, TX this June 9-12. Bitcoin (BTC) sank below $20,000 for the first time since December 2020, losing 9.5% in the past 24 hours. At time of publication, the largest cryptocurrency by market cap
Text size Crypto prices have suffered severe declines in recent days, outpacing the selloff in stocks. Dusan Zidar/Dreamstime The persistent slide in prices of Bitcoin and other cryptocurrencies continued on Wednesday as digital assets took another precipitous leg downward ahead of a key interest rates decision from the Federal Reserve.