Bitcoin plunges to $29,000, Ethereum falls

Bitcoin plunges to $29,000, Ethereum falls

In the past 24 hours, the overall crypto market fell. Bitcoin reversed in a deep V-shaped reversal, falling to around $29,000 and then rising straight up, and now recovered to the support level of $32,000. Ethereum has a similar trend, breaking through $1,700 and then rebounding $200, but still not reaching $2,000. Other altcoins followed Bitcoin's trend, with Ripple falling 13% and Dogecoin falling nearly 6%, or $0.2.

The current total market value of the cryptocurrency market is $1,337,525,901,807, with a 24-hour trading volume of $341,559,217,334. Bitcoin accounts for 45.63% of the market. In the past 24 hours, 3 of the top 20 cryptocurrencies by market value rose, and 13 of the top 100 cryptocurrencies by market value rose. The top 3 gains were: Celo (16.29%), BitTorrent (12.65%), and Maker (7.14%). The top 3 losses were: Revain (-20.28%), Amp (-18.10%), and Kusama (-17.14%).

According to Bitcoin News, the current price of Bitcoin, which ranks first in cryptocurrency market value, is $32,553.53, with a total market value of $610.274 billion, up 1.05% in 24 hours.

According to Bitcoin News, Ethereum, the second largest cryptocurrency by market value, is currently priced at $1,904.67, with a total market value of $221.701 billion, down 1.2% in 24 hours.

According to Bitcoin News, XRP, which ranks sixth in cryptocurrency market value, is currently priced at $0.5806, with a total market value of $26.986 billion, down 12.57% in 24 hours.

According to BitTorrent, DOGE, which ranks 8th in cryptocurrency market value, is currently priced at $0.1915, with a total market value of $24.927 billion, down 12.57% in 24 hours.

In the past 24 hours, the top 10 cryptocurrencies in terms of trading volume among the top 100 cryptocurrencies by market value were: USDT (US$132.826 billion), BTC (US$69.667 billion), ETH (US$40.440 billion), DOGE (US$8.739 billion), XRP (US$7.839 billion), ADA (US$7.302 billion), BNB (US$6.089 billion), BUSD (US$5.408 billion), DOT (US$3.409 billion), and USDC (US$2.769 billion).

<<:  El Salvador: Bitcoin Testing Ground in the Eyes of Crypto Market Practitioners

>>:  After the strong regulation of mining industry: transaction demand dropped to the lowest point in 34 months, and the world's top mining pools have strong risk resistance

Recommend

Judging from the physical health index

Judging from the physical health index 1. Forehea...

Less than 1% of EOS addresses hold nearly 86% of tokens

Rage Review: Last week, the one-year EOS token sa...

In-depth | Stablecoin 2.0: Economic foundation and risk model

DeFi is like building a brand new financial syste...

Face reading: Face readings for ups and downs in 2013

Face reading: Face readings for ups and downs in ...

Diagram: What does it mean when the wisdom line is disconnected?

The most important things in palmistry are the th...

What does it mean when a man has big gaps between his teeth?

What does it mean when a man has big gaps between...

What mistakes are people with short chins likely to make in the workplace?

Many times, people are just ordinary people. As t...

What are the signs of people who are not suitable for starting a business?

It takes some courage to choose to start a busine...

CEO of Digital Currency Group: 10 major development trends of Bitcoin in 2017

Barry Silbert, a well-known Bitcoin investor, rec...

Three types of women with good looks for their husbands

Three types of women with good looks for their hu...

Is it good to have a crooked nose?

Is it good to have a crooked nose? The nose repre...