Today news
About the same in other media
BTC, ETH Find Support After Sell-Off, Long-Term Technicals Remain Strong
Reading now: 551
A sell-off in the crypto market that started on Monday this week intensified overnight, with bitcoin (BTC) dipping as low as 55,600 before a slight recovery started during early European trading hours.
At 11:20 UTC, bitcoin traded at USD 56,777, down 5.8% for the past 24 hours and down 12.6% for the past 7 days.
At the same time, ethereum (ETH) was down 3% for the past 24 hours and 12.6% for the week, trading at USD 4,129. The current price means that the second-most valuable cryptoasset has also trimmed losses from earlier, after dipping below the key USD 4,000 level several times overnight UTC time.
As usual, the overnight sell-off triggered large liquidations of long positions in the crypto derivatives markets. According to data from
Read more on cryptonews.comAbout this in other media
Bitcoin cools from 1-week highs with key long-term metric echoing $44K cointelegraph.com /2 years ago
Stock futures move higher after Friday's big sell-off, investors monitor omicron Covid variant cnbc.com /2 years ago
Hoskinson believes THIS is ‘critical for the long-term viability of Cardano’ ambcrypto.com /2 years ago
Show more
The website finance-news.co. is an aggregator of news from open sources. The source is indicated at the beginning and at the end of the announcement. You can send a complaint on the news if you find it unreliable.
