cryptd.in

Alternatív LinkedIn a kripto-barát tehetségek számára

Bitcoin Sees New Monthly Low, Ethereum Dips to $2K: Weekend Watch

After it was rejected at $78,000 earlier this week, bitcoin’s troubles worsened with a nosedive to a monthly low of just over $74,000, where it finally found some support.

Most altcoins have followed suit on the way down, with ETH dipping to $2,000 today, BNB going down to $640, and XRP sliding to $1.31.

BTC Charts Monthly Low

The progress made on the CLARITY Act at the end of the previous week resulted in an impressive but short-lived BTC price pump that drove the asset to $82,000. However, it was almost immediately rejected at that level for the second time that week, but this correction has been a lot more painful.

The cryptocurrency first slipped to $79,000 by that Friday before it dropped to $78,000 during the weekend. The business week began on the wrong foot with a nosedive to $76,000. After it bounced to $78,000 on Tuesday and Wednesday, the bears stepped up on the gas pedal once again and didn’t allow a more impressive rebound.

Just the opposite; bitcoin dropped to $76,000 yesterday evening and kept plunging on Saturday to $75,000 at first and then to $74,200 minutes ago. The latter became BTC’s lowest price point in just over a month. Here are some possible reasons for its $8,000 drop in less than 10 days.

For now, its market capitalization has dumped below $1.5 trillion on CG, while its dominance over the alts has retreated slightly to 58%.

BTCUSD May 23. Source: TradingView
BTCUSD May 23. Source: TradingView

Alts Bleed Out

As mentioned above, bitcoin’s correction is not an isolated case. Essentially, the entire larger-cap altcoin field is in the red today. Ethereum dipped to $2,000 earlier today before it jumped slightly to $2,025 as of now. BNB is down to $640, XRP struggles to remain above $1.30, while SOL has plunged by over 6%.

Similar or more painful declines come from DOGE, HYPE, ZEC, ADA, BCH, LINK, SUI, and many others.

The cumulative market cap of all crypto assets has shed $100 billion since Thursday and is down to $2.570 trillion on CoinGecko.

Cryptocurrency Market Overview May 23. Source: QuantifyCrypto
Cryptocurrency Market Overview May 23. Source: QuantifyCrypto

 

A poszt Bitcoin Sees New Monthly Low, Ethereum Dips to $2K: Weekend Watch jelent meg először a CryptoPotato.


Megjegyzések

Vélemény, hozzászólás?

Az e-mail címet nem tesszük közzé. A kötelező mezőket * karakterrel jelöltük

Legfrissebb hírek

Népszerű kategóriák

Keresés a weboldalon

Népszerű történetek

Címkék

#AlexeyPertsev (1) #BidenCryptoBan (1) #BidenElection (1) #BinanceVsCoinbase (1) #Bitcoin (443) #BitcoinETF (3) #Bitcoinalapok (1) #BitcoinKezelés (1) #Bitcoinár (5) #BitcoinPriceLevel (1) #BitcoinPump (1) #BitcoinReserve (1) #BitcoinSurge (1) #BitcoinTop (1) #Bitfinex (1) #Bitwise (1) #BracebridgeCapital (1) #BRC20Tokens (1) #BTCbeszerzés (1) #BullishPrediction (1) #BullishSentiment (1) #ChineseMining (1) #CPIPelőnézet (1) #CryptoAsset (2) #CryptoBattle (1) #CryptoBoom (1) #CryptoExpert (1) #CryptoInsights (1) #CryptoMania (1) #CryptoMarket (4) #CryptoPrediction (1) #CryptoPredictions Előrejelzések (1) #CryptoReguláció (2) #CryptoTakeoff (1) #CryptoTiming (1) #CryptoTippek (1) #CryptoTreasury (1) #CryptoUncertainty (1) #DerivativeJump (1) #Dogecoin (74) #DogecoinGains (1) #DogecoinVolumen (1) 1TP5Hollandiai bíróság (2) #ECommerce (1) #ElSalvadorBitcoin (1) #Ethereum (70) #EthereumPain (1) #EthereumPrice (1) #ExpertOpinion (1) #FedRateCut (1) #FiatCurrency (1) 1TP5Pénzügyi hatás (1) #PénzügyiAdatvédelem (1) #FirmShutdown (1) #Fagyasztott számlák (1) #IllicitFunds (1) #InflationData (1) 1TP5Befektetés (1) 1TP5Befektetési veszteség (1) #Japán cég (1) #LegalAction (1) #Jogi hatás (1) #Szabályozás (1) #Villámhálózat (1) #Mpiacelemzés (3) #M MarketMonitoring (1) #MarketPrediction (1) #MarketPredictions (1) #M MarketProjection (1) #MarketSupport (1) #MarketVolatilitás (1) #MHázasság (1) #MemeCoin (5) #MemeCoins (2) #MinerProfitability (1) 1TP5Pénzmosás (2) #MtGox (4) #NorthKoreaCrypto (1) #NovogratzPrognózis (1) #PriceMilestone (1) #PricePrediction (2) #PárKérdés (1) #PriceSurge (1) #PbüntetésMondat (1) #QuantAnalysis (1) #Regulációs nyomás (1) #SECAntiCrypto (1) #ShibaInu (6) #SocialBuzz (1) #Technikai elemzés (1) #Toncoin (3) #TornadoCash (3) #TornadoCashDev (1) #TornadoCashDeveloper (1) #UKCrypto (1) #UpsidePotenciális (1) #USCongress (1) #WyomingLand (1) #XRPPrice (1) #XRPupswing (1)

Hasznos linkek

Linkek, amelyeket hasznosnak találtam és meg akartam osztani.