Leading cryptocurrencies pared some of their losses Tuesday from the morning crash even as the market slipped into “Extreme Fear” mode.
| Cryptocurrency | Gains +/- | Price (Recorded at 7:30 p.m. ET) |
| Bitcoin (CRYPTO: BTC) | -3.84% | $88,102.58 |
| Ethereum (CRYPTO: ETH) |
-0.65% | $2,472.27 |
| Dogecoin (CRYPTO: DOGE) | -0.14% | $0.2093 |
What Happened: Bitcoin tanked to an intraday low of $86,008.23, its lowest since Nov. 12, before recovering to the early $88,000s as traders bought the dip. The leading cryptocurrency was down 13.43% in February, headed toward its worst February since 2014.
Ethereum also recovered from its dramatic drop to $2,339 earlier this morning, climbing beyond $2,500 by the evening. Month-to-date, the second-largest cryptocurrency has lost over 24%.
Nearly $1.07 billion was liquidated from the cryptocurrency market in the last 24 hours, with bullish bets accounting for over $873 million.
Bitcoin’s Open Interest dropped by 5.06% in the last 24 hours, with short positions rising vis-à-vis long positions.
The market went into the “Extreme …
Full story available on Benzinga.com
Leading cryptocurrencies pared some of their losses Tuesday from the morning crash even as the market slipped into “Extreme Fear” mode.
| Cryptocurrency | Gains +/- | Price (Recorded at 7:30 p.m. ET) |
| Bitcoin (CRYPTO: BTC) | -3.84% | $88,102.58 |
| Ethereum (CRYPTO: ETH) |
-0.65% | $2,472.27 |
| Dogecoin (CRYPTO: DOGE) | -0.14% | $0.2093 |
What Happened: Bitcoin tanked to an intraday low of $86,008.23, its lowest since Nov. 12, before recovering to the early $88,000s as traders bought the dip. The leading cryptocurrency was down 13.43% in February, headed toward its worst February since 2014.
Ethereum also recovered from its dramatic drop to $2,339 earlier this morning, climbing beyond $2,500 by the evening. Month-to-date, the second-largest cryptocurrency has lost over 24%.
Nearly $1.07 billion was liquidated from the cryptocurrency market in the last 24 hours, with bullish bets accounting for over $873 million.
Bitcoin’s Open Interest dropped by 5.06% in the last 24 hours, with short positions rising vis-à-vis long positions.
The market went into the “Extreme …
Full story available on Benzinga.com
Leading cryptocurrencies pared some of their losses Tuesday from the morning crash even as the market slipped into “Extreme Fear” mode.
Cryptocurrency
Gains +/-
Price (Recorded at 7:30 p.m. ET)
Bitcoin (CRYPTO: BTC)
-3.84%
$88,102.58
Ethereum (CRYPTO: ETH)
-0.65%
$2,472.27
Dogecoin (CRYPTO: DOGE)
-0.14%
$0.2093
What Happened: Bitcoin tanked to an intraday low of $86,008.23, its lowest since Nov. 12, before recovering to the early $88,000s as traders bought the dip. The leading cryptocurrency was down 13.43% in February, headed toward its worst February since 2014.
Ethereum also recovered from its dramatic drop to $2,339 earlier this morning, climbing beyond $2,500 by the evening. Month-to-date, the second-largest cryptocurrency has lost over 24%.
Nearly $1.07 billion was liquidated from the cryptocurrency market in the last 24 hours, with bullish bets accounting for over $873 million.
Bitcoin’s Open Interest dropped by 5.06% in the last 24 hours, with short positions rising vis-à-vis long positions.
The market went into the “Extreme …Full story available on Benzinga.com Read More$BTC, $DOGE, $ETH, Bitcoin, BTC, Cryptocurrency, dogecoin, Ethereum, MSTR, News, NVDA, TSLA, Markets, Movers, Trading Ideas, BTC, US2036121067, MSTR, US5949724083, NVDA, US67066G1040, TSLA, US88160R1014, $ETH, $BTC, $DOGE, News, Cryptocurrency, Markets, Movers, Trading Ideas, Benzinga Markets
