Once again, the crypto market has seen notable losses, with BTC and ETH leading the way to multi-week lows.
BTCUSD. Source: TradingViewThe altcoins have not enjoyed the past several days, either. Most went through notable retracements yesterday, and the situation now is quite dire as well.
Ethereum dropped below $3,000 for the first time in three weeks. Although the second-largest crypto now lies above that particular line, it’s still down more than 4% on a daily scale. Binance Coin dipped beneath $400, but it now trades north of it. Ripple, Terra, Avalanche, Polkadot, Dogecoin, and Shiba Inu are down by up to 6%. So is Cardano, and ADA has dropped below $1.
Solana has lost the most from the larger-cap alts with a 7% daily decline. As such, SOL is slightly above $100. The landscape with the lower- and mid-cap altcoins is rather identical, and the total market cap is down by another $70 billion since yesterday. The metric has seen $300 billion evaporate in about a week.
Australia Latest News, Australia Headlines
Similar News:You can also read news stories similar to this one that we have collected from other news sources.
Top 5 cryptocurrencies to watch this week: BTC, NEAR, FTT, ETC, XMRBTC, NEAR, FTT, ETC and XMR are attempting to bounce off strong support levels, which is a sign that traders are buying during dips.
Read more »
BTC, DOGE and SHIB Price Analysis for April 10Can the meme coins rise while the market remains in neutral mode? Dogecoin dogecoin jasdoge DogecoinMemes RacerDoge
Read more »
Bitcoin battles for weekly close above $42K as LFG buys 4,130 more BTCBitcoin is giving us a buy the dip signal, argues RektCapital as Dogecoin outshines major altcoins this week.
Read more »
Luna Foundation Purchases 4,130 Bitcoin Bringing its Total to 39,897 BTCSummary: The Luna Foundation has continued to stack Bitcoin purchasing an additional 4,130 BTC The recent purchase brings the total to 39,897.98 Bitcoin owned by the Luna Foundation This amount translates to roughly $1.7 billion, with $8.3 billion worth of Bitcoin left to purchase to hit the $10...
Read more »
Crypto Markets Down $250B Weekly: BTC Plunged Below $42K (Market Watch)The crypto market has turned red once more with massive daily price declines from Terra, Polkadot, NEAR, and many others.
Read more »
Luna Foundation Treasury Holds Almost 40,000 BTC After Weekend Purchase.LFG_org, the treasury that backs the TerraUSD algorithmic stablecoin, added $173 million worth of bitcoin to its wallet over the weekend, bringing its holdings to just under 40,000 BTC. thesamreynolds reports.
Read more »