Market Capitalization:2 328 189 402 211,2 USD
Vol. in 24 hours:96 748 224 790,01 USD
Dominance:BTC 58,23%
ETH:10,18%
Market Capitalization:2 328 189 402 211,2 USD
Vol. in 24 hours:96 748 224 790,01 USD
Dominance:BTC 58,23%
ETH:10,18%
Market Capitalization:2 328 189 402 211,2 USD
Vol. in 24 hours:96 748 224 790,01 USD
Dominance:BTC 58,23%
ETH:10,18%
Market Capitalization:2 328 189 402 211,2 USD
Vol. in 24 hours:96 748 224 790,01 USD
Dominance:BTC 58,23%
ETH:10,18%
Market Capitalization:2 328 189 402 211,2 USD
Vol. in 24 hours:96 748 224 790,01 USD
Dominance:BTC 58,23%
ETH:10,18%
Market Capitalization:2 328 189 402 211,2 USD
Vol. in 24 hours:96 748 224 790,01 USD
Dominance:BTC 58,23%
ETH:10,18%
Market Capitalization:2 328 189 402 211,2 USD
Vol. in 24 hours:96 748 224 790,01 USD
Dominance:BTC 58,23%
ETH:10,18%
Market Capitalization:2 328 189 402 211,2 USD
Vol. in 24 hours:96 748 224 790,01 USD
Dominance:BTC 58,23%
ETH:10,18%
Market Capitalization:2 328 189 402 211,2 USD
Vol. in 24 hours:96 748 224 790,01 USD
Dominance:BTC 58,23%
ETH:10,18%
Market Capitalization:2 328 189 402 211,2 USD
Vol. in 24 hours:96 748 224 790,01 USD
Dominance:BTC 58,23%
ETH:10,18%
Yes

VanEck says Bitcoin has fallen 29% but the selling momentum is running out.

crypthub
VanEck says Bitcoin has fallen 29% but the selling momentum is running out.

Bitcoin Price Decline Effects

A 29% decline in Bitcoin's price over the past 30 days has led to a reset of market leverage and the depletion of "mid-cycle" sellers. This significant drop has recalibrated leverage positions across the market, while also removing a key segment of traders who typically sell during intermediate market phases. The price movement has had a direct impact on both leverage ratios and the behavior of traders participating in the cryptocurrency market.