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Death Cross continues to hang over Bitcoin

Death Cross continues to hang over Bitcoin

Market Picture

Bitcoin fell 5.2% last week to close at $22,400. Ethereum lost 4.4% to $1570. Other leading altcoins in the top 10 fell between 2.9% (XRP) and 11.5% (Polygon).

The total capitalisation of the crypto market fell 5% over the week to $1.03 trillion, according to CoinMarketCap.

Bitcoin's most significant drop last week came on Friday amid reports of the possible bankruptcy of Silvergate, a bank that services major cryptocurrency companies. The bank announced the c... Read More

Posted: Mar 6 2023, 08:42
Author Name: forexlive
Views: 110854

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