Bitcoin Loses Ground in Global Asset Rankings After Violent Selloff
13 Articles
13 Articles
The bitcoin has just lost its place among the ten most valued assets in the world. This downgrading, far from being annoyed, reveals a growing fragility of the crypto market, caught up in reviving volatility. As traditional markets bounce, the iconic crypto undergoes a sales pressure of a rare intensity. Behind this sharp decline, it is all the solidity of the narrative around the bitcoin that is evaporating, questioning its ability to resist ma…
Bitcoin Slides Out of Top 10 Assets After Slipping to $82,000
Key Insights Bitcoin is not a top 10 asset by market cap again after a 6% decline in value. Gold and Silver are the top two most valuable assets, even after a price correction wiped out over $5 trillion in market cap. Mixed reactions trail Bitcoin’s decline as Arthur Hayes attributes it to a liquidity drop in US markets. Bitcoin has fallen out of the top 10 most valuable assets after a recent 6% drop. The asset is now down to eleventh with a ma…
Bitcoin Market Cap Plummets: Digital Asset Falls To 12th In Global Rankings Amid Widespread Sell-Off
BitcoinWorld Bitcoin Market Cap Plummets: Digital Asset Falls to 12th in Global Rankings Amid Widespread Sell-Off In a significant shift for digital finance, Bitcoin’s market capitalization has tumbled three positions to 12th place among global assets, now valued at approximately $1.64 trillion according to data from 8marketcap. This notable descent from the top 10, reported by Cointelegraph, underscores a period of intense volatility and large-…
Bitcoin Slips in Global Asset Rankings After Violent Selloff
Bitcoin has pulled back sharply this week, amplifying a sense of fragility across crypto markets as traders contend with the most sizable forced liquidation on record. The benchmark digital asset traded near the high $80,000s to mid-$80,000s, a move that coincided with a decline in its market capitalization and a reordering of the asset’s relative standing in global markets. The pullback comes as gold surged to the top of the asset ladder on a b…
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