Bitcoin Price Struggles Below $75K as $1.2B in Crypto Bets Get Wiped Out
Bitcoin struggled to recover from a weekend sell-off that pushed its price below $74,000, briefly rebounding above $75,400 before renewed selling pressure erased gains. BTC Struggles Below $75K Bitcoin’s price wobbled Monday as the cryptocurrency struggled to reverse late Sunday losses that dragged it below $74,000…
Read it in your languageMachine translation by Google of the publisher's page
Explained in this story
Bitcoin
The first and largest cryptocurrency, created in 2009, with a fixed maximum supply and no central issuer.
Its price swings and adoption by funds and companies make it a bellwether for the whole crypto market.
More about BitcoinCryptocurrency
A digital currency secured by cryptography and recorded on a blockchain, without a central bank issuing it.
Crypto prices are volatile, and governments are still deciding how to regulate it.
More about CryptocurrencyMore in Bitcoin
From the blog
XRP Surges Past Bitcoin in South Korean Trading Volumes
XRP has surpassed Bitcoin to secure the top spot in 24-hour trading volume on South Korea's premier exchange, Upbit, amassing…
Elara Winter2 min read
Analyst Predicts XRP Will Surpass Bitcoin and Explains Why
Franklin Templeton executive Sandy Kaul highlights growth in decentralized identity, AI micropayments, and security. Analysts suggest XRP's utility could eventually…
Elara Winter3 min read
Prominent Analyst Predicts XRP Price Target if Bitcoin Reaches $1M
Trader Crypto Rover released ambitious long-term price targets for several major cryptocurrencies, setting a $100 objective for XRP and a…
Elara Winter3 min read