Apecoin Lost Around $2.5 Billion in Its Market Cap in May as Fear About Fading Investor Appetite Emerges
ApeCoin, one of the fastest rising coins in the crypto space, was one of the cryptocurrencies that was heavily impacted by the crypto disaster that rocked the market in May. Although the coin’s price showed robust perfor...
Archive context
Older archive item. Useful for background and entity history, but not a fresh market-moving signal.
ApeCoin, one of the fastest rising coins in the crypto space, was one of the cryptocurrencies that was heavily impacted by the crypto disaster that rocked the market in May. Although the coin’s price showed robust performance in these turbulent market conditions, its market cap was affected. The coin now trades at $4.25 with a 4.1% increase in the last seven days, selling below its new swing high of $4.35.
Data from Coingecko on Thursday showed that ApeCoin is among the top 50 crypto assets by market capitalization as the coin closed May with a market ...
Read The Full Article On CryptoCurrencyNews.com
Get latest cryptocurrency news on bitcoin, ethereum, initial coin offerings, ICOs, ethereum and all other cryptocurrencies. Learn How to trade on cryptocurrency exchanges.
All content provided by Crypto Currency News is subject to our Terms Of Use and Disclaimer.
Why this matters
This cryptocurrency story adds another data point to the current market tape and is useful when read alongside nearby source coverage.
Original source
Read on CryptoCurrencyNewsRelated market context
Crypto liquidations surge past $1.9 billion as Bitcoin nears $63,000
The surge in crypto liquidations highlights market volatility and investor fear, potentially influencing future monetary policy an...
Bitcoin ETFs Shed $2.35 Billion in Two Weeks as BlackRock’s Outflow Streak Hits 11
Bitcoin ETF outflows have reached $2.347 billion across the first two completed November trading weeks, leaving a persistent hole...
Bitcoin’s $67,000 crash puts $57 billion holder cluster at risk as ETF investors flee
Coinbase’s November 10 distribution placed roughly 855,000 BTC near current prices, leaving sustained buying central to the suppor...
Bitcoin slides to four-month low as $1.9 billion liquidation wave accelerates
Bitcoin fell to about $63,311 as $1.9 billion in leveraged positions were liquidated in 24 hours, with ETF outflows and rate fears...
How Buterin Complicates Ethereum’s Wall Street Pitch by Aiming at Bitcoin
Vitalik Buterin’s latest pivot in how Ethereum should be valued might make traditional Wall Street investors dizzy. The narrative...
Bitcoin selloff tests resolve of committed investors
The Bitcoin selloff highlights the volatility and risks in cryptocurrency markets, testing investor resilience and impacting broad...