$1B Worth Of Bitcoin Sold Off Ahead Of Nvidia Earnings Is 'Technical,' Analyst Says

Kelly Greer of digital asset company Galaxy Digital sees the Bitcoin (CRYPTO: BTC BTC - $62835.137 plunge below $60,000 as a “technical sell-off” ahead of Nvidia's earnings call, scheduled for Wednesday afternoon. What Happened: Greer took to her social media account to discuss the potential impact of Nvidia's upcoming earnings report on Bitcoin's market dynamics.

Source: benzinga.com

Related symbols: BTCUSD

2024-08-28 14:15:05 GMT.

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Price & Market Data

Price: $62835.137

Volume 24h: $43,687,487,674.16

Market Cap: $1,241,389,810,175.20

Description

Bitcoin (BTC) is a cryptocurrency launched in 2010. Users are able to generate BTC through the process of mining. Bitcoin has a current supply of 19,756,287. The last known price of Bitcoin is 62,970.2481002 USD and is up 4.53 over the last 24 hours. It is currently trading on 11703 active market(s) with $43,727,270,107.03 traded over the last 24 hours. More information can be found at https://bitcoin.org/.