Previous Close | 5,764,991.50 |
Open | 5,764,991.50 |
Day's Range | 5,730,776.50 - 5,923,293.50 |
52 Week Range | 2,010,756.00 - 6,749,539.50 |
Start Date | 2010-07-13 |
Algorithm | N/A |
Market Cap | 115.026T |
Circulating Supply | 19.69M |
Max Supply | N/A |
Volume | |
Volume (24hr) | 4.12T |
Volume (24hr) All Currencies | 4.12T |
Bitcoin (BTC-USD) has dropped over 10% within the past 5 days in anticipation for the "halving" of bitcoin. Halving is when the reward for bitcoin mining is cut in half to reduce the amount of coins in circulation. It happens about every 4 years. Yahoo Finance's Bradley Smith breaks down what bitcoin halving means and what investors need to keep in mind as it starts. For more expert insight and the latest market action, click here to watch this full episode. This post was written by Nicholas Jacobino
Oil prices (CL=F, BZ=F) are trading slightly lower on Wednesday, following heightened geopolitical tensions in the Middle East as energy markets weigh Iran's attack on Israel. Gold (GC=F) prices are inching higher despite the strength in the US dollar and the bond market. Bitcoin (BTC-USD) prices have fallen from their recent highs, as the crypto market anticipates the upcoming bitcoin halving event this week. Yahoo Finance's Madison Mills breaks down the details. For more expert insight and the latest market action, click here to watch this full episode. This post was written by Angel Smith
The crypto has fallen this week ahead of a key catalyst. Traders are bracing for more declines but the longer-term outlook is stronger.