Crypto Market Cap Falls To $1 Trillion After Bitcoin Takes A Blow
The 2022 bearish trend is still pushing many crypto prices below expected marks. The market also spiked a few times amid the raging crypto winter in the last few months. But the pullbacks have persisted and continue to overthrow the short-lived rallies. Apart from companies closing up shops, downsizing staff, and declaring bankruptcy, investors have lost millions this 2022. Moreover, the continuing downward trend in crypto prices has caused billions of losses to the general crypto market capitalization. Related Reading: XRP Signals Considerable Uptick – Will Social Media Lift Its Price....
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The performance of Bitcoin recently has not been entirely on the commendable side. Compared with the price trend for the past few years, BTC has not made an impressive move in 2022. Instead, the token has been held bound in a bearish grip that no one expected. With the extreme crypto winter in the first half of the year, the entire market has been on edge. The collapse of the algorithmic stablecoin Terra and its ecosystem created a more devastating blow to the price of Bitcoin. BTC lost over half of its value with the crypto market, and its market cap went down. Related Reading: Bitcoin....
Bitcoin price is just under $35,000 and altcoins like Ethereum, Litecoin, and many DeFi tokens are once again heating up. The combined capital pouring in has resulted in the total crypto market cap within striking distance of $1 trillion. When the asset class finally reaches $1 trillion in value, will the rest of the world of finance finally begin paying attention to more than just Bitcoin? Bitcoin Institutional FOMO Takes Top Cryptocurrency Cap To $640 […]
The corporate world’s biggest Bitcoin holder has stopped buying more of the cryptocurrency as prices fell sharply last week. According to recent filings, Strategy reported a massive $5.91 billion unrealized loss for the first quarter of 2025, though this blow was softened by a $1.69 billion tax benefit. Related Reading: Conor McGregor’s Memecoin Taps Out—Failed […]
On Thursday evening around 10 p.m. (EST), the price of bitcoin fell beneath the $40K zone for the first time since September 21, 2021. During Friday’s early morning trading sessions, bitcoin plunged to a low of $38,250 per coin. Furthermore, the market capitalization of the entire crypto-economy has slipped under the $2 trillion mark, down 7.5% to $1.94 trillion.
Bitcoin Sheds 8% Over the Last 24 Hours, Down 40% From November’s All-Time High
The price of bitcoin (BTC) dropped below the $40K zone for the first time in 122 days. BTC lost roughly 8% during the last 24....
Following the highs of 2024’s first quarter (Q1), the crypto market faced a retrace during the second one (Q2). Despite this, Memecoins has remained the reigning champion of the market for the last three months. Related Reading: Big Filecoin Rally Ahead: Analyst Predicts 4,000% ‘Uphill Run’ Total Crypto Market Cap Falls 14% In Q2 On Tuesday, CoinGecko released its 2024 Q2 Crypto Industry Report. In the report, the crypto tracking website revealed that the total market capitalization declined last quarter. The total crypto market cap dropped 14.4%, $408.8 billion, in the last three months.....