Cryptocurrency 4 hours ago (Oct 09, 2022 03:00PM ET)
Why is the crypto market down today?
Crypto prices are falling on Oct. 7 as (BTC) failed in its attempt to lock in gains above the $20,500 level. For the past 115 days, BTC price has been pinned between $17,600 and $24,500, and the current price action simply shows Bitcoin trading within the lower section of the range.
Ether (ETH) and a majority of altcoin prices are also seeing single-digit losses. Generally, the crypto market is tracking the pullback taking place in equities markets, with the S&P 500, Dow and Nasdaq down 2.16%, 1.62% and 3.03%, respectively.
from
https://dallascountynewsonline.com/why-is-the-crypto-market-down-today-by-cointelegraph-investing-com/
No comments:
Post a Comment