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Bitcoin (BTC) is approaching sub-$30,000 as the Federal Reserve’s (FED) January Policy Decision approaches
Bitcoin (BTC) and the larger crypto market are once again in the red. If Bitcoin falls below $34,000, it may fall below $30,000…
On Saturday, Bitcoin (BTC) and the broader market were back in the red. Bitcoin fell below $35,000 for the first time since July 25th after a fourth consecutive day in the negative.
Bitcoin declined 3.82 percent on the day, closing at $35,076. It didn’t get any better elsewhere. Ethereum (ETH) fell 6.12 percent after falling 14.4 percent on Friday, while Crypto.com Coin (CRO) fell 16.87 percent. On Friday, Crypto.com Coin fell 14.6 percent. Cardano (ADA) performed little better, dropping by only 4.46 percent on Saturday.
After losing $200 billion on Friday, the crypto market value plummeted another $85 billion on Saturday. At the time of writing, the entire market capitalization was $1,611 billion. The entire market value reached an all-time high of $3,009 billion in November before plummeting to a current month low of $1,514 billion.
The Bitcoin Fear & Greed Index
The Bitcoin Fear & Greed Index was 13/100 on January 22nd. While the Index remains above the 8th of January’s low of 10/100, it has retreated from the…
