Bitcoin, Ethereum, Dogecoin and Cardano stabilze –  Why crypto is in limbo

Date:

  • Bitcoin, Ethereum, Dogecoin and Cardano stabilize on Friday as crypto market capitalization steadies around $2.69 trillion.
  • Crypto traders are recovering from the swing in token prices and the Monday bloodbath. 
  • US President Donald Trump’s tariff truce is not received as well by crypto traders, with market recording over $300 million in liquidations. 

Crypto traders are digesting US President Donald Trump’s Liberation Day announcements last week, the tariff truce declared on Wednesday and the worsening situation with China, as the industry wraps one of its worst weeks in terms of price swings. 

Bitcoin battled to hold on to its reputation as “safe-haven” during times of market uncertainty, and Ethereum slipped below the $1,500 support four times in the correction this week. 

Bitcoin, Ethereum, Dogecoin and Cardano see volatile week

Bitcoin (BTC) trades above key support of $80,000 at the time of writing on Friday, recovering…

Read more…

Share post:

Subscribe

spot_imgspot_img

Popular

More like this
Related

Tampa RV giant Lazydays to delist from Nasdaq

Tampa-based Lazydays Holdings Inc., one of Florida’s most recognized...

Granite Geek: New Hampshire might get access to ‘balcony solar’

I had solar panels put on my roof six...

TSX Today: What to Watch for in Stocks on Monday, November 10

Despite firm gold and silver prices, Canadian stocks...

While BNB and DOT Struggle Under Market Pressure, BlockDAG’s Presale Soars Past $435M!

As market-wide fear grips the sector, the Binance Coin...