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polkadot
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tron
TRON (TRX) $ 0.24595
bitcoin
Bitcoin (BTC) $ 94,004.19
ethereum
Ethereum (ETH) $ 1,794.61
tether
Tether (USDT) $ 1.00
bnb
BNB (BNB) $ 604.42
usd-coin
USDC (USDC) $ 1.00
xrp
XRP (XRP) $ 2.26
binance-usd
BUSD (BUSD) $ 0.986601
dogecoin
Dogecoin (DOGE) $ 0.180191
cardano
Cardano (ADA) $ 0.71127
solana
Solana (SOL) $ 148.63
matic-network
Polygon (MATIC) $ 0.241685
polkadot
Polkadot (DOT) $ 4.12
tron
TRON (TRX) $ 0.24595
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    Bitcoin briefly breaches $26.4k solely to tumble as costs fall once more

    Latest News

    The value of Bitcoin briefly surpassed $26,400 on March 14 round 1 p.m. UTC — representing an roughly seven-month excessive. The cryptocurrency final noticed a comparable market worth in August 2022.

    Nonetheless, BTC has since fallen and is now valued at round $24,500 as of 9:30 p.m. UTC on March 14 — a worth final seen at numerous factors in February and on March 13.

    It’s unclear what induced Bitcoin’s worth to immediately fall. Nonetheless, the collapse of Silicon Valley Financial institution and the later closure of Signature Financial institution have dominated the information. Although these closures occurred days in the past, ongoing uncertainty seemingly continues to negatively affect investor sentiment. This has seemingly affected market costs in flip.

    Alternatively, authorities restoration plans round these banks could also be one issue that has inspired buyers to purchase again into the cryptocurrency market. Although right this moment’s value good points have been short-lived, the constructive information was introduced simply previous to the rally.

    Bitcoin and Ethereum are down 1.6% and 1.3% over the previous hour, respectively. Bitcoin is up 8.9% over the previous week, whereas Ethereum is up 7.6%. Each are up 1.5% over the previous hour.

    The crypto market in its entirety is up 0.7% over 24 hours and has a market cap of $1.12 trillion.

    See also  Prime Analyst Says These Altcoin Sectors Can Web Traders 100x in 2024

    The submit Bitcoin briefly breaches $26.4k solely to tumble as costs fall once more appeared first on StarCrypto.

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