Bitcoin Falls to $83K as QNT, HBAR Defy Altcoin Selloff
4 Articles
4 Articles
The crypto market suffers a significant correction with Bitcoin losing support of $84,000 and Ethereum yielding land. Altcoins also present amplified falls in a context of increased global macroeconomic risk. Although there are no signs of panic, caution returns to the sector.
Bitcoin, which started the day with selling pressure, briefly lost 2.3% of its value, falling below $82,600. It recovered some of its losses in the early hours of the New York session...
Bitcoin Falls to $83K as QNT, HBAR Defy Altcoin Selloff
TL;DR: Bitcoin fell below $83,000 as Friday’s altcoin rally reversed, total crypto capitalization lost roughly $70 billion and macro pressure returned. QNT and HBAR bucked the broader selloff, with Quant and Hedera posting strong 24-hour gains even as Ethereum, BNB, XRP and Zcash weakened. Derivatives showed traders closing positions rather than adding major new shorts, ...
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