Crypto’s Swooning: Total Market Cap Falling to Early 2021 Levels
On the heels of the collapse of crypto exchange FTX, crypto’s overall market cap has sunk to as low as $763 billion from a peak of $2.5 trillion in May 2021. Bitcoin’s market cap has plunged to $319 billion from above $1 trillion last November. The current market cap for the industry hasn’t been this low since early last year. "All About Bitcoin" host Christine Lee breaks down the Chart of the Day.
Bitcoin Above $16K as Cryptos Ignore the FTX Chaos
Bitcoin (BTC) is holding comfortably above its $16,000 support level as cryptos continue to ignore the FTX chaos. IDX Digital Assets CIO Ben McMillan discusses the impact of FTX’s fallout on the broader crypto market and the total market capitalization of digital assets that have fallen below $800 billion.
Bitcoin Holds Above $16K Amid FTX Gloom
Prosper Trading Academy Crypto Educator Howard Greenberg gives his crypto markets analysis as bitcoin (BTC) remains steady above $16,000 amid the continued fallout of crypto exchange FTX.
A 'Boat' of Confidence for Bitcoin
Global shipping rates are falling, which could mean lower inflation in the future. That may prompt the Federal Reserve to moderate its pace of rate hikes, which typically lifts the prices of risky assets like stocks and cryptocurrencies such as bitcoin. Christine Lee presents the Chart of the Day.
Bitcoin Outlook in Wake of FTX Implosion
Quantum Economics Bitcoin Analyst Jason Deane discusses his analysis and outlook for bitcoin (BTC) as the cryptocurrency slips on the news of Genesis' crypto-lending unit halting customer withdrawals. Plus, insights into the bitcoin mining industry. Genesis and CoinDesk both operate under Digital Currency Group.
Bitcoin's Next Support Levels Closer to $12K Range
It's now been more than a week since the price of bitcoin hit a two-year low at around $15,600, and price charts suggest a drop down to $13,000 is still possible. Separately, gold-backed cryptocurrencies like PAXG and XAUT have performed positively in the past seven days, decoupling from the broader market swoon. "All About Bitcoin" host Christine Lee breaks down the Chart of the Day.
First Mover Americas: FTX Fallout repercute em todo o mundo das criptomoedas
Os últimos movimentos de preços nos Mercados de Cripto em contexto para 16 de novembro de 2022.
Suas negociações de Bitcoin estão perdendo no dia do Fed? Espere até amanhã
O preço do BTC reverteu a direção em cinco dos seis dias seguintes aos anúncios de taxas de juros do Federal Reserve.
'Bitcoin Doesn't Care' About FTX Fallout: Ledger CEO
Ledger CEO Pascal Gauthier discusses the potential contagion concerns following the bankruptcy of FTX. Plus, he shares his outlook on bitcoin, saying in part "bitcoin will be fine, bitcoin doesn't care about all this."
Levels to Watch for Bitcoin as FTX Fallout Continues
Amberdata Director of Derivatives Greg Magadini discusses his bitcoin analysis and outlook amid the stunning collapse of crypto exchange FTX and its former CEO Sam Bankman-Fried. Plus, reactions to BlockFi reportedly preparing for possible bankruptcy, and Japanese crypto exchange Liquid Global halting withdrawals.