Why is crypto down today? The GBTC selloff

CAT January 23, 2024 1 min read

Wahid Pessarlay

The global cryptocurrency market cap has lost $40 billion over the past 24 hours amid the sustained market-wide turbulence that has seen several assets such as Bitcoin (BTC) and Ethereum (ETH) drop by shocking margins. This downtrend, which started on…

Go here to Read this Fast! Why is crypto down today? The GBTC selloff

Originally appeared here:
Why is crypto down today? The GBTC selloff

Tags: #bitcoin #blockchain #cryptocurrency #eth btc Ethereum

Privacy Overview

This website uses cookies to improve your experience while you navigate through the website. Out of these, the cookies that are categorized as necessary are stored on your browser as they are essential for the working of basic functionalities of the website. We also use third-party cookies that help us analyze and understand how you use this website. These cookies will be stored in your browser only with your consent. You also have the option to opt-out of these cookies. But opting out of some of these cookies may affect your browsing experience.

Necessary

Always Enabled

Necessary cookies are absolutely essential for the website to function properly. These cookies ensure basic functionalities and security features of the website, anonymously.

Cookie	Duration	Description
cookielawinfo-checkbox-analytics	11 months	This cookie is set by GDPR Cookie Consent plugin. The cookie is used to store the user consent for the cookies in the category "Analytics".
cookielawinfo-checkbox-functional	11 months	The cookie is set by GDPR cookie consent to record the user consent for the cookies in the category "Functional".
cookielawinfo-checkbox-necessary	11 months	This cookie is set by GDPR Cookie Consent plugin. The cookies is used to store the user consent for the cookies in the category "Necessary".
cookielawinfo-checkbox-others	11 months	This cookie is set by GDPR Cookie Consent plugin. The cookie is used to store the user consent for the cookies in the category "Other.
cookielawinfo-checkbox-performance	11 months	This cookie is set by GDPR Cookie Consent plugin. The cookie is used to store the user consent for the cookies in the category "Performance".
viewed_cookie_policy	11 months	The cookie is set by the GDPR Cookie Consent plugin and is used to store whether or not user has consented to the use of cookies. It does not store any personal data.

Functional

Performance

Analytics

Others

Related Stories

WIF price falls, whale buys the dip, CEX reserves fall, risks remain

Sonic and Galaxy Interactive launch fund for Web3 gaming

Agora and Galaxy execute first OTC transaction of AUSD

You may have missed

Method of Moments Estimation with Python Code

Linear Programming: Auxiliary Variables

‘Sniper Elite 4’ creeps onto Mac, iPhone, and iPad

‘Sniper Elite 4’ creeps onto Mac, iPhone, and iPad