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Bitcoin (BTC) Extends Drop After One of Crypto’s Worst Weeks of 2024 Bitcoin (BTC) Extends Drop After One of Crypto’s Worst Weeks of 2024

Bitcoin (BTC) Extends Drop After One of Crypto’s Worst Weeks of 2024

Losses are piling up in the crypto market after its second-worst weekly decline of 2024, a reflection of cooling demand for Bitcoin exchange-traded funds and uncertainty over monetary policy.

Bitcoin shed as much as 8.1% to $58,528 on Monday, the biggest intraday decline since April 13. The leading token by market value has been buffeted by two weeks of outflows from exchange-traded products holding the cryptocurrency. More than $210 million worth of bullish bets in crypto were liquidated in the past 12 hours, according to data compiled by tracker Coinglass.

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Sidhartha Shukla

https://www.bloomberg.com/news/articles/2024-06-24/bitcoin-btc-extends-drop-after-one-of-crypto-s-worst-weeks-of-2024

2024-06-24 07:00:00

bitcoin
Bitcoin (BTC) $ 95,340.54 1.99%
ethereum
Ethereum (ETH) $ 3,320.00 1.01%
tether
Tether (USDT) $ 1.00 0.11%
xrp
XRP (XRP) $ 2.19 2.09%
bnb
BNB (BNB) $ 660.29 0.49%
solana
Solana (SOL) $ 182.24 0.44%
dogecoin
Dogecoin (DOGE) $ 0.316593 0.51%
usd-coin
USDC (USDC) $ 1.00 0.19%
staked-ether
Lido Staked Ether (STETH) $ 3,312.62 0.89%
cardano
Cardano (ADA) $ 0.895638 0.47%
tron
TRON (TRX) $ 0.245598 0.08%
avalanche-2
Avalanche (AVAX) $ 37.10 1.07%
chainlink
Chainlink (LINK) $ 22.75 2.60%
the-open-network
Toncoin (TON) $ 5.45 2.54%
wrapped-steth
Wrapped stETH (WSTETH) $ 3,882.48 2.53%
shiba-inu
Shiba Inu (SHIB) $ 0.000022 0.30%
sui
Sui (SUI) $ 4.34 3.74%
wrapped-bitcoin
Wrapped Bitcoin (WBTC) $ 95,119.49 1.79%
stellar
Stellar (XLM) $ 0.359965 1.94%
polkadot
Polkadot (DOT) $ 6.98 0.05%
hedera-hashgraph
Hedera (HBAR) $ 0.262011 3.72%
hyperliquid
Hyperliquid (HYPE) $ 28.85 16.97%
weth
WETH (WETH) $ 3,316.37 0.92%
bitcoin-cash
Bitcoin Cash (BCH) $ 447.09 1.44%
leo-token
LEO Token (LEO) $ 9.40 0.74%
uniswap
Uniswap (UNI) $ 14.08 3.09%
litecoin
Litecoin (LTC) $ 102.22 1.97%
pepe
Pepe (PEPE) $ 0.000018 3.27%
wrapped-eeth
Wrapped eETH (WEETH) $ 3,502.29 0.87%
near
NEAR Protocol (NEAR) $ 5.11 1.88%
ethena-usde
Ethena USDe (USDE) $ 1.00 0.12%
bitget-token
Bitget Token (BGB) $ 4.12 1.31%
usds
USDS (USDS) $ 0.996334 0.31%
aptos
Aptos (APT) $ 9.26 1.06%
aave
Aave (AAVE) $ 321.92 8.08%
internet-computer
Internet Computer (ICP) $ 10.06 0.13%
crypto-com-chain
Cronos (CRO) $ 0.15482 0.89%
polygon-ecosystem-token
POL (ex-MATIC) (POL) $ 0.480228 0.79%
mantle
Mantle (MNT) $ 1.19 2.75%
ethereum-classic
Ethereum Classic (ETC) $ 26.36 1.01%
vechain
VeChain (VET) $ 0.045795 0.83%
render-token
Render (RENDER) $ 7.16 1.23%
whitebit
WhiteBIT Coin (WBT) $ 24.44 0.74%
mantra-dao
MANTRA (OM) $ 3.69 2.12%
monero
Monero (XMR) $ 189.95 0.98%
dai
Dai (DAI) $ 1.00 0.15%
bittensor
Bittensor (TAO) $ 455.85 0.30%
fetch-ai
Artificial Superintelligence Alliance (FET) $ 1.28 1.24%
arbitrum
Arbitrum (ARB) $ 0.758152 1.28%
ethena
Ethena (ENA) $ 1.07 4.57%