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Bitcoin Plunges 1.75%, Litecoin Surges 5.28% Intra-day, See Market Trend

bitwolf by bitwolf
September 3, 2022
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oi-Kuntala Sarkar

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Printed: Friday, September 2, 2022, 23:40 [IST]

The cryptocurrency market is globally down right this moment. On September 2, at 5.55 pm UTC, Bitcoin fell by 1.75%, and was quoted at US$ 19,793.50, within the intra day buying and selling. Yesterday, Bitcoin closed at US$ 20,146. Within the final 5 days, Bitcoin surged solely by 1.14%, and prior to now 1 month, it has dropped sharply by 13.92%. Moreover, prior to now 6 months, its efficiency has been fairly bearish, falling by 54.93%.

Bitcoin Plunges 1.75%, Litecoin Surges 5.28% Intra-day, See Market Trend

Different main cryptocurrencies are displaying a blended development right this moment. Ethereum was quoted at US$ 1,585.29, down by 0.13%. Yesterday, Ether closed at US$ 1,587.39. Litecoin was quoted at US$ 60.66, up by 5.28%, Dogecoin was quoted at US$ 0.0611 down by 2.16%, and Cardano was quoted at US$ 0.4553 down by 0.53% right this moment, until final traded.

“Out of the full addressable market of ether and bitcoin futures, ether now instructions 57% in comparison with 45% on August 1. Open curiosity – or the variety of unsettled futures contracts – has ballooned to over $8.43 billion this week from below $4 billion in July, information exhibits. This implies that previously few weeks ether costs have been pushed upwards because of the excessive use of leverage,” commenting on the crypto market, a CoinDesk report talked about.

Globally inventory markets are additionally down right this moment. S&P 500 fell by 0.92%, stood at 3,930.38, and Nasdaq Composite fell by 1.32%, stood at 11,629.12, on the time of writing. US Greenback index right this moment stood at 109.58, at 2:06 PM EDT.

  • Bitcoin Falls Below US$ 19,760, Ether Down To US$ 1552: Anticipating US Rate Hike
  • Cryptocurrency Falls Sharply, Bitcoin Down 3.42%, Ether Down 4.74% Intraday
  • Bitcoin Revives, Up By 3.37% To Reach US$ 20,229, Ether Surged By 8%, Today
  • Cryptocurrencies Falling Sharply, Bitcoin Down 7%, Ether Down 9%, In 5 Days
  • Top Cryptos Fall As Fed To Maintain Restrictive Monetary Path; Bitcoin Under $19K
  • Bitcoin Falls Sharply By 4%, Ether Down 7%, Fed Chair Powell Indicates Hawkish Stance
  • Cryptos Update Today: Global Crypto M-Cap Below $1 Tn For A Brief Period, Top Cryptos Fall
  • Bitcoin Surges To US$ 21,557.50, Ether Continues To Gain, Quoted At US$ 1,704.54
  • Cryptocurrency Update: Bitcoin Up By 4% In 5 Days, Quoted At US$ 21,642
  • Top Cryptocurrency Prices On August 20, 2022: Bitcoin Holds Just Above $21K, Ethereum Loses Sharply
  • Bitcoin Shows A Steep Intraday Fall Of 7.8% To US$ 21,371, Ether Down 8.3%: See Why
  • Cryptocurrency: Bitcoin Falls To US$ 23,298.60, Ethereum Down Due To Speculation About ‘The Merge’

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Story first printed: Friday, September 2, 2022, 23:40 [IST]

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