The crypto market cap has recovered just under $10 billion in a day.
Despite the massive volatility BTC faced for several days last week, the cryptocurrency has stalled once again at a familiar price level of around $26,000.
Most altcoins also sit quietly today, aside from Rocket Pool, Synthetix, and Stellar, all of which are up by double digits.The primary cryptocurrency had traded sideways at around $26,000 for a long time until last Tuesday when Grayscale’s legal win over the US Securities and Exchange Commission rattled all cages.
Bitcoin, fueled by the potential of turning GBTC into a spot BTC ETF, skyrocketed by over two grand in hours and charted a multi-week peak above $28,000. While the community was preparing to see the SEC crumble, the agency made a somewhat expected move and the decision on all spot BTC ETF applications for another 45 days. This, alongside the declining hype over Grayscale’s victory, led to a massive price retracement.This is all you need not to miss any price action in the raging crypto markets. Start receiving this recap, for free, every day:
Deutschland Neuesten Nachrichten, Deutschland Schlagzeilen
Similar News:Sie können auch ähnliche Nachrichten wie diese lesen, die wir aus anderen Nachrichtenquellen gesammelt haben.
Walker County fire: 1,200 acres burned, 10% contained as evacuations are being recommendedWalker County officials are recommending evacuations for some residents due to a large fire that's currently burning.
Weiterlesen »
The 10 Best Saoirse Ronan Movies, RankedFrom Lady Bird to Little Women to Atonement, these 10 movies from Saoirse Ronan are her best, and speak to the young artist's talents.
Weiterlesen »
The 10 Best Kate Winslet Movies, RankedFrom Revolutionary Road to Titanic to Eternal Sunshine of the Spotless Mind, these 10 movies with Kate Winslet are her best.
Weiterlesen »
The 10 Best Tim Blake Nelson Movies, RankedFrom The Thin Red Line to The Ballad of Buster Scruggs, these 10 movies featuring Tim Blake Nelson are his best.
Weiterlesen »
Chardon bounces back in 28-10 win to give Avon Lake first loss of seasonThe Chardon Hilltoppers (2-1) bounced back off a loss the previous week, and won 28-10 on their home turf over Avon Lake.
Weiterlesen »
East edges out undefeated Alta with 10-7 win on last-second made field goalThe East Leopards found a way to come out on top over the Alta Hawks on the road.
Weiterlesen »