BTC Crash Woes, HNT Declines 12%, QNT Drops 10%
The post BTC Crash Woes, HNT Declines 12%, QNT Drops 10% appeared on BitcoinEthereumNews.com.
Cryptocurrency prices today reflected a downturn as Bitcoin (BTC) dipped below $93,000, marking a significant decline. Helium (HNT) declined by 12%, while Quant (QNT) dropped by 10%, emphasizing the market’s challenging phase. The global market cap was down by 1.5%, now at $3.22 trillion. However, trading volume surged significantly, increasing by a whopping 50%, and currently stands at $139 billion. Cryptocurrency Prices Today: BTC, ETH, and XRP Decline Amid Market Downturn Bitcoin (BTC) price dipped below $93,000, showcasing volatility after its recent highs. Ethereum (ETH) struggled, showing a downward trend alongside Ripple (XRP) and Solana (SOL), as everything is down in the current market scenario. These major cryptocurrencies reflected the overall bearish sentiment, with investors closely monitoring their next moves. Bitcoin Price Today Bitcoin price today was trading at $92,503, approximately 1.5% down in the last 24 hours. Its 24-hour low and high were $91,487 and $95,080, respectively. Notably, Bitcoin’s trading volume surged by 70% in the same period, reaching $55 billion. As per Farside Investors, BTC ETFs recorded an outflow of $378 million, marking two consecutive days of outflows. Grayscale reported an outflow of $165 million, while Fidelity sold $154 million worth of BTC. BlackRock’s ETF data remains anticipated. In other news, Riot Platforms’ executive revealed how Operation Chokepoint 2.0 impacted Bitcoin mining. Energy regulators’ measures have added challenges to the industry, highlighting an issue that demands further scrutiny. Ethereum Price Today Ethereum price today was trading at $3,336, reflecting a 2.4% drop in the last 24 hours. Its 24-hour low and high were $3,304 and $3,432, respectively. Ethereum’s trading volume saw a notable surge of 66%, reaching $26 billion. ETH ETFs experienced an outflow of $55 million, with $20 million from Fidelity and $31 million from Grayscale. Data for BlackRock’s ETF is still anticipated, leaving investors waiting for…
Filed under: News - @ December 31, 2024 4:15 am