Bitcoin drops to $22,277 and Ether currency hits $1,563 as the cryptocurrency tumbles during the East Asian trading day opening hours! Major digital assets plunged at the start of the business day in Hong Kong on Friday. Bitcoin (BTC) and Ether (ETH) are both down more than 5% as customers leave crypto bank Silvergate, whose shares fell 58% in U.S. trading on Thursday. Most of the other 10 largest cryptocurrencies by market cap experienced similar declines as BTC and ETH. Nick Ruck of ContentFi, a Web3 venture capital studio, said: “Organizations are a bit nervous because Silvergate seems to be in trouble. Ruck also points to the release of some bitcoins from Mt. Gox, which will increase its circulating supply, as another source of volatility. The rapid sell-off took a toll on leading cryptocurrency exchange Coinbase, which started experiencing connectivity issues at 10:00 a.m.: 8pm Hong Kong time. Other major crypto exchanges including Binance, Bitfinex, Kucoin, OKX, ...
Here Are the Top 10 - Most Searched Cryptocurrencies in 2023 In recent years, cryptocurrencies have gained popularity steadily, and their uptake is still expanding rapidly. People are looking for non-traditional banking system alternatives to traditional banking systems as the world gets more digital. The use of cryptocurrencies, which offer users a decentralized, secure, and transparent method of conducting transactions, offers a solution to this issue. There will probably be thousands of cryptocurrencies on the market in 2023, each with its own special characteristics and advantages. However, certain digital assets are more well-liked than others. Based on market capitalization, trading volume, and popularity, we have produced a list of the top 10 cryptocurrencies in 2023. Bitcoin (BTC) The most well-known and popular cryptocurrency in the world is called bitcoin, and it still rules the market. Without the need for middlemen like banks, Bitcoin is a dece...