Metaplanet Picks Up Record 620 Bitcoin as XRP Leads Market Slide

Quick Summary:

The purchase did little to buoy sentiment for bitcoin, which recorded its first seven-day loss since early November.

Reduced holiday liquidity has the potential to amplify this amplitude with a potential dip into the $70K area,” Kuptsikevich said, adding that the $90,000 level could present an “attractive level” for buyers to stop the sell-off.

Chainlink’s LINK and Tron’s TRX gained, while the broad-based CoinDesk 20 (CD20) index fell 1.39%.

---

More Pictures

---

Read Quick SummarySave Time

or

Article Details

Author / Journalist: James Van Straten, Shaurya Malwa

Category: Crypto

Markets: United StatesCubaJapan

Topics: MetaPlanet Markets

Source Website Secure: Yes (HTTPS)

News Sentiment: Neutral

Fact Checked: Legitimate

Article Type: News Report

Published On: 2024-12-23 @ 12:40:51 (14 hours ago)

News Timezone: GMT -5:00

News Source URL: coindesk.com

Language: English

Article Length: 395 words

Reading Time: 3 minutes read

Sentences: 25 lines

Sentence Length: 16 words per sentence (average)

Platforms: Desktop Web, Mobile Web, iOS App, Android App

Copyright Owner: © CoinDesk

News ID: 24598864

View Article Analysis

About CoinDesk

Main Topics: Crypto

Official Website: coindesk.com

Update Frequency: 11 posts per day

Year Established: 2013

Headquarters: United States

News Last Updated: 8 hours ago

Coverage Areas: United States

Ownership: Independent Company

Publication Timezone: GMT -5:00

Content Availability: Worldwide

News Language: English

RSS Feed: Available (XML)

API Access: Available (JSON, REST)

Website Security: Secure (HTTPS)

Publisher ID: #8

Publisher Details

Frequently Asked Questions