CRYPTO NEWS TODAY - Bitcoin Failed at The $41,000
CRYPTO NEWS TODAY - Bitcoin Failed at The $41,000
00:01 Intro
01:12 Crypto News
02:08 Bitcoin News
03:21 Ethereum News
04:11 Bitcoin Technical Analysys
05:03 Bitcoin Price Prediction
07:25 Outro
The price of the first cryptocurrency continued its fall, which began on February 17, and by Friday morning, February 18, it had fallen to the level of $41,000. Over the past 24 hours, the asset has fallen by 7.2%, according to CoinGecko.
As of this writing, the quote is holding at around $40,760. BTC's dominance index is 39.7%.
Traditionally, following the flagship, assets from the top 10 in terms of capitalization moved into the red zone, except for stabelcoins - USDT and USDC. Terra (LUNA) lost more than others - 9.1% over the last 24 hours.
On Tuesday, February 15, the total market capitalization surpassed the $2 trillion mark amid a rebound in investor demand for blue-chip and low-liquid crypto assets. As of this writing, the figure stands at $1.9 trillion.
According to CoinDesk, Edward Moya, a senior analyst at brokerage OANDA, cited "short-term geopolitical risks and a potential overly aggressive tightening of monetary policy" by the Fed as reasons for the decline.
By the end of yesterday's trading session, the S&P 500 was down 2.12% to 4380.26 points, while the Nasdaq was down 2.88% to 13,716.72 points.
David Lifshitz, managing partner of ExoAlpha, also spoke about the influence of the geopolitical factor on risky assets, writes Cointelegraph. According to him, the tension between Russia and Ukraine is the main topic of news, causing "weakness in the world markets."
He suggested that the situation "looks like a distraction from the problem of real rates and inflation." According to Lifshitz, bitcoin is retreating into the $30,000 to $50,000 range.
#bitcoin #btc #ethereum #crypto
00:01 Intro
01:12 Crypto News
02:08 Bitcoin News
03:21 Ethereum News
04:11 Bitcoin Technical Analysys
05:03 Bitcoin Price Prediction
07:25 Outro
The price of the first cryptocurrency continued its fall, which began on February 17, and by Friday morning, February 18, it had fallen to the level of $41,000. Over the past 24 hours, the asset has fallen by 7.2%, according to CoinGecko.
As of this writing, the quote is holding at around $40,760. BTC's dominance index is 39.7%.
Traditionally, following the flagship, assets from the top 10 in terms of capitalization moved into the red zone, except for stabelcoins - USDT and USDC. Terra (LUNA) lost more than others - 9.1% over the last 24 hours.
On Tuesday, February 15, the total market capitalization surpassed the $2 trillion mark amid a rebound in investor demand for blue-chip and low-liquid crypto assets. As of this writing, the figure stands at $1.9 trillion.
According to CoinDesk, Edward Moya, a senior analyst at brokerage OANDA, cited "short-term geopolitical risks and a potential overly aggressive tightening of monetary policy" by the Fed as reasons for the decline.
By the end of yesterday's trading session, the S&P 500 was down 2.12% to 4380.26 points, while the Nasdaq was down 2.88% to 13,716.72 points.
David Lifshitz, managing partner of ExoAlpha, also spoke about the influence of the geopolitical factor on risky assets, writes Cointelegraph. According to him, the tension between Russia and Ukraine is the main topic of news, causing "weakness in the world markets."
He suggested that the situation "looks like a distraction from the problem of real rates and inflation." According to Lifshitz, bitcoin is retreating into the $30,000 to $50,000 range.
#bitcoin #btc #ethereum #crypto
