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Altcoins
Ether, Altcoins Tank, With Bitcoin as Decoupling Narrative Goes Up in Smoke
The developing narrative of ether and altcoins decoupling from bitcoin in an adverse macro environment went up in smoke Friday, as a sell-off in stocks and BTC caused extensive damage to the broader digital asset market. Is centralized liquidity dictating the market value of cryptocurrencies promising decentralization? Are we in a bear market?
Crypto Market Cap Falls Below $2T Amid Sell-Off
As bitcoin and ether breach $40,000 and $3,000 support levels, some altcoins are trading 60%-80% down from cycle highs.
Ether, Altcoins Tank, With Bitcoin as Decoupling Narrative Goes Up in Smoke
Centralized liquidity appears to be dictating the market value of cryptocurrencies promising decentralization.
First Mover Asia: Bitcoin, Altcoins Rise and Then Sink
The largest cryptocurrency by market capitalization plummets below $41,000 after rising earlier in the day.
Market Wrap: Bitcoin Rises Despite Russia's Proposed Crypto Ban
Traders appeared unfazed by Russia's proposal as bitcoin rose 3% over the past 24 hours.
First Mover Asia: Bitcoin Slides Under $42K; Altcoins Fall
Analysts are noting the correlation between sagging tech stocks and crypto.
Market Wrap: Bitcoin Stabilizes; Analysts See Relative Value in Altcoins
Bitcoin was roughly flat over the past 24 hours while trading activity in alternative coins increased.
Are We in a Crypto Winter?
Bitcoin is down about 40% from its November peak of $69,000. Separately, the tech-heavy Nasdaq Composite has also dropped almost 10% from its November all-time high. Have we entered a crypto winter? Osprey Funds’ Greg King discusses his reading of the digital asset space and why he remains bullish.
First Mover Asia: Fed Tightening, Economic Woes Continue to Spook Crypto Investors
Bitcoin and ether rose and fell; altcoins have a mixed day.
Market Wrap: Cryptocurrencies Decline With Equities, Traders Remain Cautious
Bitcoin's spot trading volume is at its lowest level in six months.
