Hosted by Dailymotion. For legal issues report at the Copyright Center, report us on DMC, or use the Instant Removal tool.
Cryptocurrencies Fumble Over the Weekend
Description
As the Russian invasion of Ukraine rages on, the global cryptocurrency market has been fighting to remain as level as possible. Bitcoin and other major tokens were down on Sunday as the global crypto market cap fell another 4.3% to around $1.8 trillion. Bitcoin lost more than 3% in the past day, Ethereum lost more than 5% and Dogecoin lost almost 3%. However, some cryptocurrencies were still performing better, filling gaps that have been left in the market. Uniswap was up almost 10% in the past day, Filecoin gained more than 6% and Arweave gained more than 5%. Moreover, risk assets were losing ground as S&P 500 futures were down more than 2% while Nasdaq futures were down nearly 3%. Marcus Sotiriou, an analyst with Globalblock, said, “Risk-on assets were bought aggressively as it was confirmed that Russia was indeed invading. The market dislikes uncertainty so as soon as we had some clarity of the long-lasting crisis, buyers stepped in.” At press time, Bitcoin was trading at around $38,000, down 3% in early activity.
Keywords & Tags
#bitcoin
#nft
#inflation
#business
#dogecoin
#Politics
#altcoins
#economic recovery
#government
#uniswap
#economic growth
#military
#virtual currency
#Moscow
#Ukraine
#tokens
#NASDAQ Futures
#economic outlook
#global crypto market
#Arweave
#troops
#Marcus Sotiriou
#GlobalBlock
#Filecoin
#Ukrainian forces
#Russian invasion
#escalation
#conflict
#attack
#war
More from User
00:51
Trump Limits GPT-5.6 Rollout
Benzinga
00:52
Bayer Wins Roundup Case
Benzinga
00:50
Micron’s $22B AI Bet
Benzinga
01:00
Take4
Benzinga
00:53
Meta Memoir Lawsuit
Benzinga
03:17
Stock Market Today: Dow Jones Inches Up, S&P 500 And Nasdaq Futures Slip As Tech Selloff Gathers Pace
Benzinga
Related Videos
06:06
The cryptocurrencies that are worth investing in, from bitcoin to altcoins to meme coins
Business Insider
06:06
The cryptocurrencies that are worth investing in, from bitcoin to altcoins to meme coins
Insider
04:31
IS ALTCOINS A SCAM - CONFIDENCE LOST FROM ALTCOINS AFTER OM TOKEN BULL RUN will come only in BITCOIN (2)
TimeForSomethingNew
01:00:34
Best Altcoins To Hold in 2023, Bitcoin, Ethereum & Altcoins Technical Analysis ft theSignalyst! Full podcast
Newscrypto.io
01:04
Crypto market crash! BTC dips below $100k, dragging altcoins down. Time to strategize—what’s your next move Visit-- https---www.coingabbar.com-[Crypto crash, BTC $100k, altcoin dip, bond yields, labor m
CoinGabbar
07:50
Altcoins Are Scams? Altcoin Mania! What I Think Of This
Yes4motivation