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Why is crypto down today? Potential opportunity zone surfaces
The global cryptocurrency market witnessed a notable decline while data from Santiment shows that the majority of the tokens are in the opportunity zone.
According to data from CoinGecko, the global crypto market cap plunged by 4.1% in the past 24 hours and is currently hovering at $2.49 trillion. The total daily trading volume, however, increased by 16%, reaching $99.1 billion.
The increased trading volume usually brings higher volatility to the market.
Moreover, the leading cryptocurrencies, Bitcoin (BTC) and Ethereum (ETH), dropped by 3.5% and 2.6%, respectively.
BTC is trading at $64,250 and ETH is hovering around $3,150 at the time of writing.
It’s important to note that the Bitcoin ETFs registered an outflow of $120.6 million over the past day, per data from Farside Investors. The BlackRock IBIT Bitcoin ETF recorded a zero inflow day for the first time since ETFs launched in the U.S.
Furthermore, the Grayscale Bitcoin Trust (GBTC) saw a net outflow of $130.4 million on April 24. This movement, again, might be one of the main reasons behind the market-wide bearish sentiment.
On the other hand, data from Santiment shows that more than 85% of the assets listed on the platform are roaming in the opportunity zone.
Please Follow for More Updates 😊
#BTC🌪️ #eth #BNB
The global cryptocurrency market witnessed a notable decline while data from Santiment shows that the majority of the tokens are in the opportunity zone.
According to data from CoinGecko, the global crypto market cap plunged by 4.1% in the past 24 hours and is currently hovering at $2.49 trillion. The total daily trading volume, however, increased by 16%, reaching $99.1 billion.
The increased trading volume usually brings higher volatility to the market.
Moreover, the leading cryptocurrencies, Bitcoin (BTC) and Ethereum (ETH), dropped by 3.5% and 2.6%, respectively.
BTC is trading at $64,250 and ETH is hovering around $3,150 at the time of writing.
It’s important to note that the Bitcoin ETFs registered an outflow of $120.6 million over the past day, per data from Farside Investors. The BlackRock IBIT Bitcoin ETF recorded a zero inflow day for the first time since ETFs launched in the U.S.
Furthermore, the Grayscale Bitcoin Trust (GBTC) saw a net outflow of $130.4 million on April 24. This movement, again, might be one of the main reasons behind the market-wide bearish sentiment.
On the other hand, data from Santiment shows that more than 85% of the assets listed on the platform are roaming in the opportunity zone.
Please Follow for More Updates 😊
#BTC🌪️ #eth #BNB
Why Is Bitcoin Down Today?
Another $700 Million in Liquidations as Bitcoin (BTC) Dumps to $61K, Altcoins Bleed Out
Bitcoin (BTC) and other cryptocurrencies have seen precipitous declines in morning trading today. Even though BTC is still up more than 50% year-to-date, the world’s oldest cryptocurrency is down more than 6% over the past 24 hours.
This means bitcoin—which soared in recent weeks to new all-time highs above $73,000—is back down to $63,000. That is a psychological hurdle that it spent nearly the entire “crypto winter” of 2022 and 2023 trying to clear.
Please Help Me.
Thank you Guys! ❤️
$BTC $ETH $BNB #BullishMindset
Another $700 Million in Liquidations as Bitcoin (BTC) Dumps to $61K, Altcoins Bleed Out
Bitcoin (BTC) and other cryptocurrencies have seen precipitous declines in morning trading today. Even though BTC is still up more than 50% year-to-date, the world’s oldest cryptocurrency is down more than 6% over the past 24 hours.
This means bitcoin—which soared in recent weeks to new all-time highs above $73,000—is back down to $63,000. That is a psychological hurdle that it spent nearly the entire “crypto winter” of 2022 and 2023 trying to clear.
Please Help Me.
Thank you Guys! ❤️
$BTC $ETH $BNB #BullishMindset
Bitcoin's Halving May Be Here Sooner Than You Know (Again)
Several months ago, the halving was expected to take place on April 28; now it's on track to land on April 15. Blame the surge in bitcoin's price, which has attracted more mining power and sped up the network.
14 days to go before BTC Halving
$BTC $ETH $BNB #Bullish
Please Help me
09948512043
Several months ago, the halving was expected to take place on April 28; now it's on track to land on April 15. Blame the surge in bitcoin's price, which has attracted more mining power and sped up the network.
14 days to go before BTC Halving
$BTC $ETH $BNB #Bullish
Please Help me
09948512043
The Bitcoin price is $64,484.66, a change of -3.99% over the past 24 hours as of 7:47 a.m. The recent price action in Bitcoin left the tokens market capitalization at $1.27T. So far this year, Bitcoin has a change of 54.56%. Bitcoin is classified as a Currency under CoinDesks Digital Asset Classification Standard (DACS).
Bitcoin is the world’s first decentralized cryptocurrency – a type of digital asset that uses public-key cryptography to record, sign and send transactions over the Bitcoin blockchain – all done without the oversight of a central authority.
The Bitcoin network (with an upper-case “B”) was launched in January 2009 by an anonymous computer programmer or group of programmers under the pseudonym “Satoshi Nakamoto.” The network is a peer-to-peer electronic payment system that uses a cryptocurrency called bitcoin (lower case “b”) to transfer value over the internet or act as a store of value like gold and silver.
Each bitcoin is made up of 100 million satoshis (the smallest units of bitcoin), making individual bitcoin divisible up to eight decimal places. That means anyone can purchase a fraction of a bitcoin with as little as one U.S. dollar.
Please help Me ☺️
$BTC $BNB $ETH #Bullish
Bitcoin is the world’s first decentralized cryptocurrency – a type of digital asset that uses public-key cryptography to record, sign and send transactions over the Bitcoin blockchain – all done without the oversight of a central authority.
The Bitcoin network (with an upper-case “B”) was launched in January 2009 by an anonymous computer programmer or group of programmers under the pseudonym “Satoshi Nakamoto.” The network is a peer-to-peer electronic payment system that uses a cryptocurrency called bitcoin (lower case “b”) to transfer value over the internet or act as a store of value like gold and silver.
Each bitcoin is made up of 100 million satoshis (the smallest units of bitcoin), making individual bitcoin divisible up to eight decimal places. That means anyone can purchase a fraction of a bitcoin with as little as one U.S. dollar.
Please help Me ☺️
$BTC $BNB $ETH #Bullish