Nurtured in skepticism The last time Bitcoin dropped to such a low price range was 296 days ago, on July 21, 2021. At that point, in just 24 hours, the crypto market evaporated $89 billion. Bitcoin, as the lead currency, has lost 50% of its value from its peak of $65,000 (April 2021). More ominously, […]
In the past few days, crypto investors have been stirred by the collapse of Terra Network (LUNA). Once in the top 10 cryptocurrencies with the largest total capitalization, but in just a few days, LUNA has lost more than 99% of its value. At the moment, the price of each LUNA coin is only $0.006. […]
On May 12, the largest cryptocurrency by market capitalization at one point fell deeply to $ 25,402 but stabilized again in the New York session. The downtrend showed signs of slowing down when bottom-fishing cash flow appeared. However, Bitcoin is still down 20% from the previous week. In the Asian session on May 13, the […]
Bitcoin price continued to fall below $30,000 for the second time in the past week, causing the cryptocurrency market to continue to burn, investors becoming confused. One of the main causes of this price drop comes from Terraform Labs, specifically the collapse of UST and LUNA coins in the past few days. So what caused […]
According to data from CoinMarketCap, over the past month, crypto assets have lost $800 billion, bringing the total capitalization down to just $1.4 trillion as of May 10. On the same day, Bitcoin, which accounts for nearly 40% of the virtual currency market capitalization, hit its lowest level since 10 months ago, before bouncing back […]
Bitcoin investors are standing still when the price of this cryptocurrency has been falling continuously for the past 5 days. After setting a new bottom on the daily frame yesterday (May 9,), to today (May 10), the world’s most popular cryptocurrency – Bitcoin has dropped sharply. Specifically, at 1 a.m. on May 10, the price […]
Bitcoin price has hit the $33,700 mark. This is the worst price of Bitcoin in over 3 months. This price level also led to the decline of the entire cryptocurrency market. In the early hours of this morning (May 9, Vietnam time), Bitcoin price just broke the support level of 34,000 USD. Specifically, on the […]
The Qualtrics report conducted by Coinbase shows that, over the past year, the number of Britons who have purchased crypto has increased by 4%, to 33% of those surveyed. Coinbase is a digital currency exchange headquartered in San Francisco (California, USA). A survey conducted in October 2021 shows that the percentage of people who have […]
Bitcoin continues its bearish momentum, making it easy for optimists to worry about the digital currency as it continues to be tied to the rise and fall of US stocks. In the early morning of May 8 (Vietnam time), Bitcoin price fell below the $36,000 mark, becoming one of the two most disastrous declines in […]
Touted by its supporters as a safe haven from political strife, it is a fact that the price of Bitcoin is stagnating. Bitcoin is viewed by many libertarians as a kind of digital gold. With a limited total supply (only 21 million BTC), increasingly difficult mining plus the trust and acceptance of many people, Bitcoin […]