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Total crypto market cap falls to $840 billion, but derivatives data shows traders are neutral

The total cryptocurrency market capitalization dropped 1.5% in the past seven days to rest at $840 billion. The slightly negative movement did not break the ascending channel initiated on Nov. 12, although the overall sentiment remains bearish and year-to-date losses amount to 64%.Total crypto market cap in USD, 12-hour. Source:

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GK8 increases insurance cap on digital assets to $1B

Digital asset custody platform GK8 has partnered with USI Insurance Services to expand its insurance policy for institutional customers — a move the company said would incentivize banks and other financial institutions to start investing in cryptocurrency. The insurance policy offers up to $1 billion of coverage per client for digital

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Total crypto market cap drops to $850B as data suggests further downside

The total cryptocurrency market capitalization dropped by 24% between Nov. 8 and Nov. 10, reaching a $770 billion low. However, after the initial panic was subdued and forced future contracts liquidations were no longer pressuring asset prices, a sharp 16% recovery followed.Total crypto market cap in USD, 2-days. Source: TradingViewThis

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2 metrics signal the $1T crypto market cap support likely won’t hold

Cryptocurrencies broke the $1 trillion market capitalization resistance on Oct. 26, which had been holding strong for the previous 41 days. Despite Bitcoin’s (BTC) modest 5.5% weekly gains, the aggregate value of 20,000 listed tokens increased by 8.5% between Oct. 24 and 31.Total crypto market cap, USD (in billions). Source:

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Bitcoin price reaches $21K as crypto market cap nears $1T

Bitcoin (BTC) returned to $21,000 for the first time since September after the Oct. 26 Wall Street open as buyers solidified gains.BTC/USD 1-hour candle chart (Bitstamp). Source: TradingViewBTC bulls “eat” ask liquidityData from Cointelegraph Markets Pro and TradingView followed BTC/USD as it hit local highs of $21,012 on Bitstamp.At the

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Binance and Paxos-Backed Stablecoin BUSD’s Market Cap Climbs 22% in 2 Months – Altcoins Bitcoin News

In mid-August, or 68 days ago, the market capitalization of the stablecoin BUSD was approximately $17.7 billion and since then, its grown 22.88% higher to today’s $21.78 billion. BUSD’s growth comes at a time when the market valuations of the top two stablecoins tether and usd coin have shed some

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USDC’s Market Cap Sheds Close to $4 Billion in Less Than 20 Days, Binance’s BUSD Climbs 3% – Altcoins Bitcoin News

19 days ago, usd coin (USDC), the second largest stablecoin by market capitalization, had an overall valuation of around $48.82 billion and since then, it has continued to deflate down to today’s $44.93 billion. Statistics show that during the last three months, USDC’s market valuation has dropped by more than

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