AUS
NZ
UK
CA
USA
FRA
GER
ESP
ITA
NLD
PRT
SWE
GRC
IND
POL
BRA
ZAF
RUS
CHN
UAE
Highlights
- Bitcoin’s price dropped slightly overnight, falling by around one percent in the past 24 hours.
- Bitcoin has soared around US$10,000 since the beginning of February, helping turn around the token’s fortunes.
- Shiba Inu fell seven percent after a strong week which saw it roar back to form.
Bitcoin’s price dropped slightly overnight, falling by around one percent in the past 24 hours.
The slight drop hasn’t soured what’s been a very positive couple of weeks for the world’s largest crypto.
Bitcoin has soared around US$10,000 since the beginning of February, helping turn around the token’s fortunes which had seen it slide for the past few months.
On November 11, Bitcoin reached a record high of US$68,500 after a steady rise which began in August.
However, after hitting its all-time high, Bitcoin began a steady decline which saw it lose over 40% of its value by the end of January.
The coin’s resurgence since the beginning of February has many analysts suggesting this signifies the end of crypto’s declining market cycle.
Bitcoin is currently priced at US$43,200
Altcoin News
Shiba Inu fell over 7% after a strong week which saw it roar back to form.
The dog-themed crypto is still at the highest value it’s been since January 17, despite today’s fall.
SHIB’s rival, Dogecoin, also experienced a fall despite a solid week of growth.
Winners and Losers
Image Source @ 2022 Kalkine Media®
Data Source: Coinmarketcap.com, based on top 100 cryptos.
Note: Growth from the 24 hours prior to 12:30pm AEDT
