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Market Wrap: Bitcoin Drops Below $19K Amid Ongoing Volatility

CoinDesk LogoCoinDesk1w ago

Market Wrap: Bitcoin Drops Below $19K Amid Ongoing Volatility - CoinDesk

Quick Summary:

Macroeconomic uncertainty continues to hobble crypto prices.

The CoinDesk Market Index (CMI), a broad-based market index that measures performance across a basket of cryptocurrencies, fell 2.79% on the day.

Bitcoin is the CoinDesk Bitcoin Price Index (XBX); Ether is the CoinDesk Ether Price Index (ETX); Gold is the COMEX spot price.


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Market Wrap: Bitcoin Drops Below $19K Amid Ongoing Volatility - CoinDesk (Picture 1)

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Article Details

Author / Journalist: Glenn Williams, Jocelyn Yang

Category: Crypto

Topics: Markets Altcoins Ether Market Wrap Bitcoin

Source Website Secure: Yes (HTTPS)

News Sentiment: Neutral

Fact Checked: Legitimate

Article Type: News Report

Published On: 2022-09-23, 21:23:16

News Timezone: GMT -5:00

News Source URL: coindesk.com

Language: English

Reading Time: 7 minutes read

Article Length: 1128 words

Coverage Area: United States

Availability: Desktop Web, Mobile Web

News ID: 500903

View Article Analysis

About CoinDesk

CoinDesk Logo

Main Topics: Crypto

Official Website: coindesk.com

Update Frequency: 30 posts per day

Year Established: 2013

Headquarters: United States

News Last Updated: 9h ago

Coverage Areas: United States

Ownership: Independent Company

Publication Timezone: GMT -5:00

News Language: English

RSS Feed: Available (XML)

Website Security: Secure (HTTPS)

Publisher ID: #8

Publisher Details

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