The Crypto Market – Archive
Crypto Market Update: September 28, 2023
The cryptocurrency market today is experiencing a mix of gains and losses. The total cryptocurrency market cap has seen a slight increase of 0.42% in the past 24 hours. Bitcoin, the largest cryptocurrency by market cap, has seen a modest increase of 0.73%, trading at $26,248.53. Ethereum, the second-largest cryptocurrency, is also up by 1.12%.
In recent news, Bitget, a top crypto derivatives and copy trading platform, has unveiled its Signal…
Crypto Market Update: September 22, 2023
The cryptocurrency market today is experiencing a mix of ups and downs. The global cryptocurrency market cap stands at $1.12 trillion. Bitcoin continues to dominate the market with a dominance of 47.4%, while Ethereum follows with a dominance of 17.7%.
In recent news, South Korea’s KSTAR facility has achieved a significant milestone in nuclear fusion technology. This development has sparked interest in the crypto community due to its potenti…
Crypto Market Update: September 5, 2023
Dogecoin captured people’s interest as a result of a recently published biography about Musk as well as its possible function on the X platform. The value of Toncoin skyrocketed due to tokens from a Telegram bot. XRP’s ongoing legal disputes with the SEC and Coinbase could have far-reaching implications for the status of other cryptocurrencies. Despite experiencing selling pressure, Solana remains popular.
Australian legislators rejected a c…
Crypto Market Update: August 24, 2023
The global cryptocurrency market cap today is $1.09 Trillion, a -0.66% change in the last 24 hours and a 1.98% change one year ago. As of today, the market cap of Bitcoin (BTC) is at $506 Billion, representing a Bitcoin dominance of 46.42%.
In recent news, the British Treasury issued a firm no to those calling for crypto to be regulated as gambling. This decision highlights the dynamic nature of the crypto market and the importance of keepin…
| Bitcoin, Crypto market, News
Bitcoin exhaustion
The price of Bitcoin has been trading sideways for months, and there is little sign of a breakout. This has led to a decline in trading volume and volatility as investors have become bored and apathetic.
On-chain analysis shows that this apathy is not just limited to traders. Long-term holders are also becoming less active, and the supply of Bitcoin held by short-term holders is at a multi-year high. This suggests that many investors are sim…
| Bitcoin, Crypto market, News
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