There is a lot of cryptocurrency news to talk about today as some of the biggest players in the space are trending today.
So what’s behind the trending cryptocurrency news on Wednesday? To start with the basics, the markets are still active after yesterday’s glitch at CoinMarketCap. This flaw has distorted the values of many cryptocurrencies. This saw some jump to ridiculously high levels while others drained all value.
Now let’s dive into specific news for several cryptocurrencies today.
Popular Cryptocurrency News: Bitcoin (BTC)
price Bitcoin (CCC:BTC-USD) a little high today. This comes along with talk of a cryptocurrency buying spree that could rival one seen in March 2020. This comes as the crypto hovers around $47,000, which appears to be a good entry point for retail traders.
Popular Crypto News: Ethereum (ETH)
Ethereum (CCC:ETH-USD) is down 1.2% over the 24-hour period as of Wednesday morning. There is no specific news surrounding cryptocurrencies today, which means that this is most likely caused by a price imbalance yesterday.
Cryptocurrency News: Ripple (XRP)
ripple (CCC:XRP-USD) down 1.1% over a 24-hour period this morning. Crypto slips as technical analysis estimates that bears will continue to pressure the cryptocurrency.
Popular Crypto News: Cardano (ADA)
Cardano (CCC:ADA-USD) joins the list of cryptocurrencies declining today with a 2.4% drop as of this writing. This is confirmation of that BitPay ADA will no longer add to its exchange.
Popular Cryptocurrency News: Litecoin (LTC)
Litecoin (CCC:LTC – US DollarNot that hot today with the cryptocurrency down 1.9% over a 24-hour period. This continues the downward trend that crypto has been feeling over the past month.
Investors looking for more crypto news today will want to keep reading!
We have more cryptocurrency news that traders will want to know. Including the latest news related to Floki Inoue (CCC:FLOKI-USD), sandbox (CCC:Sand-dollar), And Shiba Inu (CCC:gray dollars). You can quickly learn about these topics at the links below!
More Wednesday Crypto News
Posted in William White He did not have (directly or indirectly) any positions in the securities mentioned in this article. The opinions expressed in this article are those of the author, and are subject to InvestorPlace.com Posting Guidelines.