Cryptocurrencies Stumbled on Thursday as the Global Market Capitalization Dropped 1.75%, to $1.04 Trillion as of 8:30 p.m. ET.
| Cryptocurrency | Gains/Losses | Price |
|---|---|---|
| Bitcoin | -2.34% | $22,681 |
| Ethereal | -3.46% | $1,567 |
| Dogecoin | -1.69% | $0.085 |
What Happened: The Largest Cryptocurrency Market Value, Bitcoin USD/BTC Dropped To Less Than 2%, At $23,000. Ethereum EUR/USD Trading Hands At $1.567, Down 3.4%. Dogecoin DOGO/USD Fell By 1.69% Over The Past 24 Hours.
US Shares Increased After Investors Digested The Latest GDP Data And Its Positive Implications For The Financial Sector. The Tech-Heavy Nasdaq Composite Rose By 1.7%, And The Dow Jones Industrial Average Increased By 0.6%
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The 116-Page Creditor List Of FTX, Which Contains A Wealth Of Information, Demonstrates The Profound Impact Of FTX Chapter. Companies Such As Netflix And Apple AAPL Are On The List Of Collectors. This Complete Document Further Reveals That FTX’s Credit Reaches Universities, Airlines, And Charities, As Shown In The Recent Court Filing.
“Bitcoin Pared Losses As Hopes Of A Soft Landing Returned After Better-Than-Expected US GDP Data. Bitcoin Still Looks To Consolidate Here Until Next Week’s FOMC Decision. One Notable Crypto Story Was A Fine Issued To Coinbase By The Dutch Central Bank. The Central Bank Sanction Is For Offering Crypto Products Before Their Registration. This $3.6 Million Penalty Is A Slap On The Wrist, But Yet Another Reminder That The Global Crackdown On Cryptocurrency Continues,” Noted Eduardo Moya, OANDA Senior Market Analyst In A Note Seen By Benzinga.
Crypto Analyst Michael Van De Poppe Said That We Will All Be Laughing At The Current Prices Of BTC/ETH A Few Years
