您现在的位置是:Why is the crypto market down today? BTC briefly slips below $27k >>正文
Why is the crypto market down today? BTC briefly slips below $27k
上海品茶网 - 夜上海最新论坛社区 - 上海千花论坛9683人已围观
简介Key takeawaysThe cryptocurrency market is down by roughly 1% over the past 24 hours.Bitcoin briefly ...
Key takeaways
The cryptocurrency market is down by roughly 1% over the past 24 hours.
Bitcoin briefly dropped to $26,990 earlier today before recovering to now trade above $27,500.
The dump came due to reports that there was a transaction with the United States government’s BTC wallet.
Why the crypto market is down today
The cryptocurrency market recorded a sharp spike in movement a few hours ago. Bitcoin, the world’s leading cryptocurrency by market cap, was trading just above $28k earlier today.
However, BTC fell below the $27k level for the first time in more than a week, briefly touching the $26,990 mark before retracing its movement.
According to market experts, the sharp decline in Bitcoin’s price came as a result of a transaction from the United States government’s BTC wallet.
BREAKING: US Gov BTC Wallet is moving#Bitcoin dumps hard. Lot of longs rekt. pic.twitter.com/kyw8QIhAnR
— Woetoe (@cryptowoetoe) May 10, 2023
Data obtained from Blockstreamshowed that 9819.01814463 bitcoins were on the move from the wallet. This large transaction was reflected in the market, with Bitcoin dropping below the $27k mark for the first time in a month.
Bitcoin recovers to trade above $27,500
The dump didn’t last long, as Bitcoin is now trading above the $27k level once again. At press time, the price of Bitcoinstands at $27,502, down by more than 2% in the last hour.
Bitcoin is not the only cryptocurrency that recorded losses. Ether, the second-largest cryptocurrency by market cap, also dropped below the $1,800 mark earlier today before retracing to now trade at $18,36 per coin.
Tags:
转载:欢迎各位朋友分享到网络,但转载请说明文章出处“上海品茶网 - 夜上海最新论坛社区 - 上海千花论坛”。http://www.jz08.com.cn/news/64334.html
相关文章
Where to buy SolarWind Token: SLW rallies over 200%
Why is the crypto market down today? BTC briefly slips below $27kAccording to CoinMarketCap, SolarWind Token (SLW) has recorded a daily price increase of more than 2...
阅读更多
LUNA falls sharply on Do Kwon's arrest allegations
Why is the crypto market down today? BTC briefly slips below $27kTerra LUNA crashed last year following the collapse of its Terra UST stablecoin project.The crash wa...
阅读更多
BIT price flat as BitDAO seeks to change Bybit’s contributions to treasury
Why is the crypto market down today? BTC briefly slips below $27kBitDAO’s BIT price was little changed on Thursday after the developers unveiled a new proposal...
阅读更多
热门文章
- Filecoin hits mining crisis as FIL/USD tanks to $30
- Ethereum's Shanghai/Capella network upgrade is slated for Feb. 28
- Much anticipated Filecoin mainnet launch to happen today
- Polygon price prediction: MATIC ranged as bears target $1
- ETH/USD settles above 100 SMA as bulls eye retest of $400
- BlackRock CEO: War in Ukraine will accelerate crypto adaptation
最新文章
Raoul Pal tells BTC holders to disregard the asset's short
OMG gains 11% on Bitrue listing: top places to buy OMG
Tron losses major support level above $0.062
HeartX Launches Web3 Marketplace and Community Aim to Revolutionize Digital Art Industry
Bitcoin finds support at $20k and investors should keep an eye on the S&P 500 and the Fed.
Why QTUM could record even more gains going into April