New Delhi: Crypto tokens were trading lower on Monday after a sharp fall seen over the weekend. The total crypto market cap slipped below the $1 trillion mark again as the US Fed vowed to continue the monetary hawkishness adopted earlier this year. Bitcoin fell below $20,000 on Sunday as part of a wider cryptocurrency-market
A Daenary’s and Co cryptocurrency ATM booth is pictured in Singapore, after the crypto ATM operator in Singapore said they have ceased crypto trading services on their five crypto ATMs to comply with Monetary Authority of Singapore (MAS)’s new guideline announced on Monday, January 19, 2022. REUTERS/Edgar SuRegister now for FREE unlimited access to Reuters.comRegisterSINGAPORE,
“If I’d sold everything, I would’ve had a quarter of a million pounds,” Duncan* says ruefully of the staggering worth of his cryptocurrency holdings at the start of this year.Like lots of amateur investors, the 47-year-old former primary schoolteacher got into cryptocurrencies in a big way during the coronavirus pandemic, ploughing his life savings
Bitcoin could be poised for outsized gains if recent technical signals are to be believed.
Investors have been searching for a bottom to bitcoin since the cryptocurrency lost more than 60% of its value from the all-time high of nearly $69,000 it hit in November. Nearly $2 trillion has been wiped off the entire crypto market in recent months.
Bitcoin has crashed 68% from its peak — but one bull says the latest crypto winter is a ‘warm winter’
A crypto winter is here but it’s going to be a “warm winter,” according to one crypto bull.
Bitcoin may have fallen by more than half from record levels, but “there’s so much more than that,” said Edith Yeung, a general partner at Race Capital.
Bitcoin on Friday fell to its lowest level in more than three weeks, dipping below $22,000 amid a sudden crypto sell-off in early European trading.
Bitcoin plunged from $22,738 to below $21,12.34 at 2:30 a.m. ET, according to CoinDesk data. Earlier in the morning, the cryptocurrency fluctuated between $21,500 and $22,000.