Bitcoin, the world's most valuable cryptocurrency, dropped more than 2% today to $19,061. At the time of writing, the total market capitalization of cryptocurrencies is $920 billion, just shy of $1 trillion.
The US dollar is bullish at the moment, which is weighing on the prices of Bitcoin and the wider global markets. The majority of investors are looking forward to the release of US inflation figures on Thursday.
Bitcoin Price
The current Bitcoin price is $19,100.67, and the 24-hour trading volume is $28 billion. Bitcoin has fallen by 1.32% in the last 24 hours and more than 4% in the last seven days.
Bitcoin and Ethereum Will Achieve High Values Post-Recession
Paul Tudor Jones, a well-known investor, has stated that scarce digital assets will rise in value in the future, confirming his belief in cryptocurrencies.
On October 10, the billionaire hedge fund manager discussed the role of cryptocurrencies in the current macroeconomic environment with CNBC's Squawk Box. Jones expressed...
Your content is great. However, if any of the content contained herein violates any rights of yours, including those of copyright, please contact us immediately by e-mail at media[@]kissrpr.com.
INN caught up with cryptocurrency investment expert Dan Hoover to review the current landscape and where the market may be heading. The cryptocurrency investment marketplace has gone through severa...