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Here's the latest Bitcoin news for July 8, 2024:
- Bitcoin prices have fallen to $55,122.17, marking a 4.99% decrease in the last 24 hours.
- The global crypto market cap has plummeted by 5.19%, now standing at $2.01 trillion.
- Despite the market downturn, total crypto trading volume surged by 17.71% to $64.19 billion.
- Japan's Metaplanet has accumulated more Bitcoin, suggesting potential positive shifts in future price trends.
- Ethereum's price dropped 5.62% to $2,880.37, and Solana experienced a significant 7.97% decline to $130.79.
- XRP's value decreased by 6.50%, now trading at $0.415.
- Dogecoin saw an 8.75% fall, priced at $0.1021, while Shiba Inu's value decreased by 8.70% to $0.00001547.
- Peter Schiff asserts that Bitcoin whales are positioning ETF investors to become "bag holders."
- The price of Brett (BRETT) tumbled 15.36% to $0.1073, and Pepe coin (PEPE) dropped 14% to $0.000008213.
- Bitcoin faces renewed pressure due to concerns over potential sales by creditors of the defunct Mt Gox exchange.
- The original cryptocurrency slipped around 5%, trading at US$54,400 as of 9:25 am on July 8 in Singapore.