Wednesday, September 22, 2021
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Stocks sell-off tanks Bitcoin price, but traders expect a bounce near $42K

The cryptocurrency market faced a fresh round of selling on Sept. 20 as global financial markets fell under pressure thanks to fears surrounding the potential default of Evergrande Group, a China-based real estate company whose collapse could send ripples across equities markets. Data from Cryptox Markets Pro and TradingView shows that the early

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Bitcoin loses $44K support as stocks, Evergrande nerves hit BTC price

Bitcoin’s (BTC) fell below critical $44,000 support on Monday as concerns over China spilled over into crypto markets.BTC/USD 1-hour candle chart (Bitstamp). Source: TradingViewBTC’s price sinks through supportData from Cointelegraph Markets Pro and TradingView showed BTC/USD shedding 2% in an hour to hit local lows of around $43,400.The pair had

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The total market cap of public crypto stocks has quadrupled since January

The combined market cap of publicly-listed crypto firms has roughly quadrupled this year while the number of public digital asset firms has increased by 28% over the same period.A new report from CoinShares estimates that public “cryptocurrency pure play companies” were worth roughly $25 billion at the start of the

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Coinbase (COIN) falls below $250, blockchain stocks sell off as Bitcoin dip continues

It is well known that as goes Bitcoin (BTC), so goes the rest of the cryptocurrency market, as time and again, major price moves from Bitcoin create ripples across the altcoin market, impacting sentiment and momentum.This appears to be the same for blockchain-related stocks that trade in the traditional financial markets,

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