Crypto Prices Today: Bitcoin Above $42K While Ether and SOL Tumble
This year, cryptocurrencies have been on a rollercoaster, with Bitcoin prices trading near $42k after jumping over 40$. The world’s most significant digital token is up 1.5% at present but down 9% overall for 2022 so far – it still needs to recover some lost ground if we want our asset back near its record high. As a sign of the times, Bitcoin continues its climb to new heights. The cryptocurrency market capitalization is now over $2 trillion as per CoinGecko – with solid support coming from crypto prices across all markets today. Related Reading | Bitcoin above....
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It certainly has been an interesting weekend when it comes to the price of bitcoin. Late last week, following an advisory that financial institutions in China steer clear of bitcoin, and the news that Baidu was no longer accepting bitcoin, the price took an absolute tumble. Today, the price has come up, with things overall looking more positive. Over 15 percent gains have been observed in the last 24 hours, effectively bringing the price at a hover in the mid-$900USD range at the time of this writing at Bitstamp. Mt. Gox is looking higher per usual, at about $975USD. The general theory is....
Crypto euphoria gets a reality check as bitcoin and ether tumble, though XRP is still trading well as SEC-inflicted damage proves limited.
The token prices on the Indian crypto exchange WazirX crashed following the announcement of a bill that would ban all private crypto. Regulatory discussions in India around a crypto ban caused panic selling on major crypto exchange WazirX, resulting in a massive price drop for leading cryptocurrencies, including Bitcoin (BTC) and Ether (ETH). Crypto prices in India crashed soon after parliament announced to introduce and list 26 new bills in the Winter Session, which included the Cryptocurrency and Regulation of Official Digital Currency Bill, 2021. As Cointelegraph reported, the bill....
The price of ether, the cryptocurrency of the ethereum network, has surged over the last week, rising to the most in more than eight months and approaching a new all-time high – even as digital currencies like bitcoin and dash have generated significant visibility through their own sharp price gains. Ether prices have risen as much as 59% during the week, reaching $20.67 at roughly 10:44 UTC today after opening slightly above $13 on 25th February, CoinMarketCap figures show. At the time of report, ether had pulled back somewhat, but was still trading roughly 50% higher for the week at....
In what has been a really volatile week for Bitcoin, the Bitcoin price dropped below $800 today. The European morning trade hours saw more than 10% tumble in Bitcoin prices. This is the first time the price has gone below $800 since December 21st. Bitcoin, whose price had been soaring as a result of the world events like Brexit, the US election results, demonetization in countries like India etc. last year, peaked at $1,153 earlier this year. There is a general consensus in the Bitcoin community that the frantic trading as a result of the Yuan devaluation at the end of 2016 propelled the....