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Tuesday

27 July 2021

Bitcoin's Value Dropped 8% This Week, Analyst Says Equities Correction Could Impact Crypto – Markets and Prices Bitcoin News

Bitcoin's Value Dropped 8% This Week, Analyst Says Equities Correction Could Impact Crypto – Markets and Prices Bitcoin News


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Bitcoin's Value Dropped 8% This Week, Analyst Says Equities Correction Could Impact Crypto – Markets and Prices Bitcoin News.

Digital currency markets have slipped in value this week as bitcoin has shed more than 8% of its value over the last seven days.

The entire market capitalization of all 10,000+ crypto assets has also dropped 3.4% in value to $1.25 trillion on Monday.

The second-largest crypto asset, in terms of market capitalization, is ethereum (ETH) and ether has lost over 13% this week.

The top three leading crypto assets on Monday include nem (XEM) up 6.8% this week, unus sed leo (LEO) up 1.9%, and hedera hashgraph (HBAR) which is up 1.4%.

“Recent harsh conditions for bitcoin and ether continued last week as both crypto assets saw significant sell-offs continue,” Peters explained to Bitcoin.com News on Monday.

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What Will A Bitcoin ETF Mean For Adoption?
published: 4 minutes ago
Matt Hougan of Bitwise discussed when a bitcoin exchange-traded fund (ETF) will be approved in the U.S. and what it will mean for investors.

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