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(Reuters) - As bitcoin, the world's largest cryptocurrency, struggles to recover after a massive crash, regulatory and private sector focus has turned to another part of the digital currency world: stablecoins.
The hashrate of the flagship crypto, which measures network computing power, has almost fully recovered to its level in May, when China cracked down on the industry.
With major cryptocurrencies retesting key support levels, fear is gaining ground in the crypto market. December 3road, The price of Bitcoin fell to a low of
The Bitcoin market and the S&P 500 have a big common risk heading into year-end. Are you prepared?
Early this morning, the price of Bitcoin plummeted, losing almost $10,000 in less than an hour to a temporary low of $42,000 before bouncing up to $45,000. It is currently trading for around $47,500. Ethereum, the second largest crypto by market capitalization, lost over $1,000 over the same time period.