Virtual currencies are retreating so broadly and sharply, it’s testing the durability of the cryptocurrency boom.
Browsing: Ethereum
Bitcoin dropped to a three-month low on Monday in the wake of Elon Musk’s hinting over the weekend that Tesla is considering or may have already sold some of its bitcoin holdings.
Cryptocurrency ether hit a record high on Wednesday, taking gains this year to almost 500% on the back of a growing interest in decentralised finance applications.
Parabolic jumps in digital tokens such as ether, dogecoin and binance coin are outshining bitcoin, prompting more questions about whether that segment of the cryptocurrency sector is ripe for a reckoning.
Cryptocurrency ether broke past $4 000 on Monday, climbing to a new peak for a third session in a row on bets it may find new uses, lifting other digital currencies in its wake.
Cryptocurrency ether rose to a fresh record peak on Tuesday before dropping sharply as some investors pulled profits from a white-hot market bulging with questionable new entrants.
Ether broke past $3 000 on Monday to set a new record high in a dazzling rally that has outshone the bigger bitcoin.
Binance coin has strengthened its position as one of the world’s largest cryptocurrencies after a 53% rally in the past seven days to the third spot behind bitcoin and ether.
The $1-billion market for non-fungible tokens has seemingly come out of nowhere to capture the imagination of artists and blockchain enthusiasts all over the world.
Bitcoin fell sharply on Monday after surging to its latest record high a day earlier as a selloff in global equities curbed risk appetite.