5 Ways to Increase Acceptability of Cryptocurrency: From Skepticism to Mainstream Adoption
Leave a comment
Your email address will not be published. Required fields are marked *
2022-05-07 | Selina Mathew
Bitcoin fell below the $35,000 mark today, as cryptocurrency values continued to plummet. At $35,940, the world's largest and most popular cryptocurrency was trading about 1% lower. According to CoinGecko's pricing, the global crypto market's worth has dropped almost 8% in the last 24 hours to $1.76 trillion.
On the other side, Ether, the second-largest cryptocurrency and the token tied to the Ethereum network, fell more than 2% to $2,681. Meanwhile, the price of dogecoin was practically unchanged at $0.12 today, while the price of Shiba Inu plummeted over a percent to $0.000020.
BTC/USD 1 DAY PRICE CHART: SOURCE - COINMARKETCAP.OM
Other digital assets' performance deteriorated as well, with Solana, Polkadot, Cardano, Uniswap, Terra, XRP, Avalanche, Litecoin, Polygon, Tron, and Stellar values falling by 2-6 percent in the previous 24 hours.
The greatest weekly withdrawals from global crypto funds that invest in bitcoin were $133 million, owing in part to the US Federal Reserve's hawkish language and the recent price decrease.
Your email address will not be published. Required fields are marked *
5 Ways to Increase Acceptability of Cryptocurrency: From Skepticism to Mainstream Adoption
The Bitcoin Savings and Trust Scam: The First Scam in the History of Bitcoin
The Birth of Bitcoin Exchange: A Look Back at the First Bitcoin Exchange
How Does Bitcoin Network Work? What Are BTC Nodes?