Crypto Market Highlights May 23, 2022 Crypto Market Highlights May 23, 2022
  • News
    • NFT News
    • Metaverse News
    • Bitcoin News
    • Ethereum News
    • Altcoin News
    • DeFi News
    • Blockchain News
    • Web3 News
    • Press Release
    • Hacks and Scams
    • Sponsored Post
  • Stories
    • Interviews
  • Market Analysis
  • Learn
    • Bitcoin
    • Ethereum
    • Cryptocurrency Exchange
    • NFTs
    • DeFi
    • Web3
    • Metaverse
    • Blockchain
    • Trading
    • Crypto Guide
    • Quizzes
  • Crypto Prices
  • Contact Us
Reading: Ethereum Falls Back To $2000, Bitcoin Stalls At $30k
Newsletter
Crypto Market Highlights May 23, 2022 Crypto Market Highlights May 23, 2022
[ccpw id="20060"]
Crypto Market Highlights May 23, 2022 Crypto Market Highlights May 23, 2022
  • News
    • NFT News
    • Metaverse News
    • Bitcoin News
    • Ethereum News
    • Altcoin News
    • DeFi News
    • Blockchain News
    • Web3 News
    • Press Release
    • Hacks and Scams
    • Sponsored Post
  • Stories
    • Interviews
  • Market Analysis
  • Learn
    • Bitcoin
    • Ethereum
    • Cryptocurrency Exchange
    • NFTs
    • DeFi
    • Web3
    • Metaverse
    • Blockchain
    • Trading
    • Crypto Guide
    • Quizzes
  • Crypto Prices
  • Contact Us
Reading: Ethereum Falls Back To $2000, Bitcoin Stalls At $30k
Newsletter
Crypto Market Highlights May 23, 2022 Crypto Market Highlights May 23, 2022
[ccpw id="20060"]
  • News
  • Stories
  • Market Analysis
  • Learn
  • Crypto Prices
  • Contact Us
Search
  • News
    • Altcoin News
    • Bitcoin News
    • Blockchain News
    • CBDC
    • Crypto Exchange News
    • Cryptocurrencies
    • DeFi News
    • Ethereum News
    • Hacks and Scams
    • Litecoin News
    • Metaverse News
    • NFT News
    • Press Release
    • Ripples News
    • Sponsored Post
    • Web3 News
  • Stories
    • Interviews
  • Market Analysis
  • Learn
    • Bitcoin
    • Blockchain
    • Crypto Guide
    • Cryptocurrency Exchange
    • DeFi
    • Ethereum
    • Metaverse
    • NFTs
    • Trading
    • Web3
    • Quizzes
  • Crypto Prices
  • Contact Us

Trending →

Metaplanet to Raise $5.4B for Bold Bitcoin Buy

By Ezinne Ukaegbu 1 week ago

Shiba Inu Price Risks 22% Drop as Burn, TVL Fall

By Ezinne Ukaegbu 2 weeks ago

Crypto ETPs Explode: $286M Inflows as Ether Dominates Market

By Ezinne Ukaegbu 2 weeks ago

Deflationary Tokenomics vs. Hype: What Really Makes Pepe Hunt Different

By Rita Umukoro 2 weeks ago

WonderChain Ignites Web3: 3 Bold Travel Trends

By Ezinne Ukaegbu 3 weeks ago
Follow US
© Coins Creed. All Rights Reserved.

Home » Ethereum Falls Back To $2000, Bitcoin Stalls At $30k

Market Analysis

Ethereum Falls Back To $2000, Bitcoin Stalls At $30k

Ifeanyi Jesse
Last updated: 11 months ago
By Ifeanyi Jesse
Share
3 Min Read
SHARE

As most of the market is slightly in the red Ethereum (ETH) Bitcoin (BTC) and most altcoins suffered losses

Contents
Bitcoin (BTC) Stalls At $30,000Ethereum (ETH) Struggles, Binance Coin Sees Red
Ethereum Falls Back To $2000, Bitcoin Stalls At $30k
Ethereum Falls Back To $2000, Bitcoin Stalls At $30k
  • Bitcoin (BTC) Stalls At $30,000
  • Ethereum (ETH) Struggles, Binance Coin Sees Red

Bitcoin wasn’t able to break through the $31,000 barrier, and it has fallen back by over $1,000 to a familiar level near $30,000.

Most altcoins are slightly in the red today, with Ethereum fighting to stay above $2,000. The bigger-cap alts have hurt Polkadot the most.

Bitcoin (BTC) Stalls At $30,000

Bitcoin’s price was all over the place last week. At one point, it went from $40,000 to a multi-month low of $25,300, which was a drop of $15,000.

The next few days brought back about $5,000, but then the tides turned, and this week has been much calmer, at least for now.

Ethereum Falls Back To $2000, Bitcoin Stalls At $30k
BTCUSD. Source: TradingView

The biggest jump in price happened two days ago when BTC went up to and past $31,000. But at that point, it failed, turned around, and went back down to below $30,000.

Yesterday, when BTC traded above that coveted level for most of the day, the same thing happened.

Now, though, the cryptocurrency is below that line, and its market cap has dropped to $570 billion. At just over 44 percent, it still has a strong lead over the other groups.

In the past ten days or so, the performance of the other coins has been a lot like BTC’s, with big drops last week and a calmer outlook since the weekend.

Ethereum (ETH) Struggles, Binance Coin Sees Red

Ethereum tried to get to $2,100 yesterday, but it didn’t work out. Since then, it has fallen back to around $2,000 because of this.

Binance Coin reached $310 yesterday, but after a small drop today, it is now $10 lower. Ripple, Solana, Cardano, Dogecoin, Avalanche, and Shiba Inu have all seen similar drops.

Ethereum Falls Back To $2000, Bitcoin Stalls At $30k

The most money has been lost by Polkadot in the last 24 hours. Due to a drop of 6.5%, DOT is now worth just over $10. TRON and Litecoin are two of the few large altcoins that have seen small gains.

The total value of the crypto market has also stayed the same and is now close to $1.3 trillion.

TAGGED:#Altcoins#BTC#ETH
Share This Article
Facebook Twitter Copy Link

You Might Also Like ↷

Uniswap's new privacy policy faces backlash from community

Uniswap sets up an interface to swap ERC-20 tokens into ETH donations for Ukraine

March 1, 2022
BTC addresses with Non-zero statements reach a new all-time high

Bitcoin Price: Yesterday, Today, and the Future

February 8, 2022
Hack Attack: $4.4M Reportedly Stolen From Blockchain Infrastructure Firm Meter

Hack Attack: $4.4M Reportedly Stolen From Blockchain Infrastructure Firm Meter

February 7, 2022
Bitcoin Price Falls from $66,000, Elon Musk Warns He Could Sell More Stock

Bitcoin Price Falls from $66,000, Elon Musk Warns He Could Sell More Stock

November 15, 2021
Coinscreed
Stay tuned for a blend of captivating content that not only informs but also inspires you to navigate the ever-evolving landscape of technology, marketing, and market trends!
Coinscreed
FacebookLike
TwitterFollow
InstagramFollow

All Rights Reserved. Coinscreed 2024.

adbanner
AdBlock Detected
Our site is an advertising supported site. Please whitelist to support our site.
Okay, I'll Whitelist