The largest cryptocurrency rose as much as 1.8% to $30 450 on Monday morning in Asia. That’s after it fell for seven straight weeks.
Author: Joanna Ossinger
Stablecoins besides TerraUSD are failing to live up to their billing as the collapse of the algorithmic token has investors pondering the implications of the tumult for the broader market.
Bitcoin is tipped to extend losses as investors shy away from risk assets amid a reassessment of the pace and magnitude at which the US is set to tighten policy.
A digital copy of the first-ever tweet has been offered for about almost R705-million on non-fungible token marketplace OpenSea.
Bitcoin dropped to a more than two-week low, tumbling along with equities as escalating tensions between Russia and Ukraine weighed on risk appetite.
Solana, one of the largest blockchain networks, was hit by instability during a turbulent week for cryptocurrencies.
Bitcoin continued its drop on Friday, falling below $42 000 to levels not seen since September.
Four market watchers discuss their outlook for bitcoin and wider crypto universe in 2022.
Cryptocurrencies had a blockbuster year in 2021 by almost any measure.
Bitcoin plunged along with other cryptocurrencies on Saturday, in another indication of the risk aversion sweeping across financial markets.