Web12 hours ago · Looking at the price predictions for 2024 for Bitcoin, we can see that this crypto will not drop below $23,218 and that the maximum value it could reach is … Market experts say two main factors are driving the recent slump in the cryptocurrency market: moves by the U.S. Federal Reserve to combat high inflation and stabilize markets, and the implosion of terraUSD, a type of so-called stablecoin. 1. Macroeconomics: To explain the first factor, let’s start with some … See more Stablecoins, including terraUSD and luna, were touted as a class of crypto asset that, as the name suggests, offered more stability during market volatility. The value of the UST token is pegged to the U.S. dollar, which means … See more As the price of UST crashed, large luna holders cashed out, causing the supply of luna tokens to jump, and its price to crash. Luna lost 99% of its value Thursday. According to Bloomberg Intelligence, luna’s sharp value … See more Some cryptocurrencies, particularly market giant bitcoin, were touted as assets whose value would hold over time, which means they would be a … See more The cryptocurrency market, like the stock market, has been seeing declines for months. It peaked in November, and with aggressive liquidity tightening signals by the Fed, all asset … See more
5 Cryptocurrencies That are Worth Investing in Other Than Bitcoin
WebApr 9, 2024 · More than 4,400 cryptocurrencies are traded today, and in this article, we’re going to be looking at 5 of the most viable and promising Bitcoin alternatives. 1. … WebJul 16, 2024 · Bitcoin fell 11,1% from Friday to US$9 855 early yesterday, its lowest since 2 July. The original cryptocurrency slumped 10,4% on Sunday alone, its second-biggest daily drop this year. It was last ... ipc arms act
Bitcoin, other cryptocurrencies plunge after China announces ban
WebFeb 23, 2024 · But cryptocurrencies don’t just end at bitcoin. Soon after it was introduced, other coins followed, including litecoin, namecoin, and swiftcoin. In fact, CoinMarketCap currently lists more than 1,500 … WebApr 10, 2024 · Bitcoin: The first and most well-known cryptocurrency, introduced in 2009 by an anonymous individual or group known as Satoshi Nakamoto. Altcoins : Alternative … WebApr 7, 2024 · The bitcoin price added around 70% over the first three months of the year, making it among the best-performing assets even as U.S. senator Elizabeth Warren … open strategy of mutual benefits and win-win