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  4. Crypto Market Crashes as Bitcoin (BTC) Price Plummets to $38k Level
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Crypto Market Crashes as Bitcoin (BTC) Price Plummets to $38k Level

The Crypto market enters a deep bearish position today. Bitcoin (BTC) price dropped drastically to $38k as a result of the market downside. At press time, Ethereum (ETH) and many...
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Crypto Market Crashes as Bitcoin (BTC) Price Plummets to $38k Level Crypto Market Crashes as Bitcoin (BTC) Price Plummets to $38k Level

  • The Crypto market enters a deep bearish position today.
  • Bitcoin (BTC) price dropped drastically to $38k as a result of the market downside.
  • At press time, Ethereum (ETH) and many major altcoins are all red.

The overall crypto market is showing red flags back and front today. As a result, Bitcoin’s (BTC) price has plunged to $38,828.17 as it couldn’t withstand the market’s bearish position.

Additionally, before the price drop, BTC was trading between $39,000 and $45,000 range early this week. At writing time, almost all other altcoins including Bitcoin’s rival Ethereum (ETH), Binance Coin (BNB), Solana (SOL), and Cardano (ADA) are showing a red flag.

According to their performances on CoinMarketCap at the time of writing, the cryptos haven’t shown any sign of going green. Apart from this, traders are surprised to see such a huge drop in Bitcoin at this beginning in 2022.

In addition, the market crash and BTC’s bearish position seem to have elevated the concern of the “Fear, Uncertainty, and Doubt (FUD)” phenomenon among traders. As traders look surprised, crypto apes are also in doubt, particularly about Bitcoin. Many expect the BTC price dip to end soon, while others strongly believe that this moment is not an end-game for Bitcoin.

Furthermore, Bitcoin’s price recently fell at the same time when the crypto market was changing hands to enter a bearish mode. In fact, this became a topic at that time with a lot of fears among BTC holders in the market.

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31-03-2024 10:19:50 (UTC+7)

EUR/USD

1.0793

+0.0006 (+0.06%)

Summary

Sell

Moving Avg:

Buy (4)

Sell (8)

Indicators:

Buy (1)

Sell (5)

EUR/USD

1.0793

+0.0006 (+0.06%)

Summary

Sell

Moving Avg:

Buy (4)

Sell (8)

Indicators:

Buy (1)

Sell (5)

GBP/USD

1.2624

+0.0002 (+0.02%)

Summary

Sell

Moving Avg:

Buy (6)

Sell (6)

Indicators:

Buy (1)

Sell (6)

USD/JPY

151.38

0.01 (0.00%)

Summary

↑ Buy

Moving Avg:

Buy (12)

Sell (0)

Indicators:

Buy (5)

Sell (1)

AUD/USD

0.6522

+0.0007 (+0.11%)

Summary

Sell

Moving Avg:

Buy (0)

Sell (12)

Indicators:

Buy (3)

Sell (3)

USD/CAD

1.3543

+0.0006 (+0.04%)

Summary

Buy

Moving Avg:

Buy (8)

Sell (4)

Indicators:

Buy (4)

Sell (1)

EUR/JPY

163.37

+0.12 (+0.07%)

Summary

↑ Sell

Moving Avg:

Buy (3)

Sell (9)

Indicators:

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Sell (8)

EUR/CHF

0.9738

+0.0010 (+0.10%)

Summary

↑ Buy

Moving Avg:

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Indicators:

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Gold Futures

2,254.80

42.10 (1.90%)

Summary

Buy

Moving Avg:

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Silver Futures

25.100

+0.002 (+0.01%)

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↑ Buy

Moving Avg:

Buy (12)

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Indicators:

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Copper Futures

4.0115

-0.0003 (-0.01%)

Summary

↑ Buy

Moving Avg:

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Sell (1)

Indicators:

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Crude Oil WTI Futures

83.11

+1.76 (+2.16%)

Summary

↑ Buy

Moving Avg:

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Sell (0)

Indicators:

Buy (8)

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Brent Oil Futures

86.99

+0.04 (+0.05%)

Summary

Neutral

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Buy (6)

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Indicators:

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Sell (3)

Natural Gas Futures

1.752

+0.034 (+1.98%)

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↑ Sell

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Indicators:

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US Coffee C Futures

188.53

-2.12 (-1.11%)

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↑ Sell

Moving Avg:

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Euro Stoxx 50

5,082.85

+1.11 (+0.02%)

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↑ Sell

Moving Avg:

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Indicators:

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S&P 500

5,254.35

+5.86 (+0.11%)

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↑ Sell

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DAX

18,504.51

+27.42 (+0.15%)

Summary

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FTSE 100

7,952.62

+20.64 (+0.26%)

Summary

↑ Sell

Moving Avg:

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Hang Seng

16,541.42

0.00 (0.00%)

Summary

Neutral

Moving Avg:

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Sell (12)

Indicators:

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US Small Cap 2000

2,120.15

+5.80 (+0.27%)

Summary

Neutral

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IBEX 35

11,074.60

-36.70 (-0.33%)

Summary

↑ Sell

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Sell (12)

Indicators:

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Sell (5)

BASF SE NA O.N.

52.930

-0.320 (-0.60%)

Summary

↑ Buy

Moving Avg:

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Sell (3)

Indicators:

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Sell (1)

Bayer AG NA

28.43

+0.01 (+0.04%)

Summary

Buy

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Allianz SE VNA O.N.

277.80

+0.35 (+0.13%)

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↑ Buy

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Adidas AG

207.00

+2.30 (+1.12%)

Summary

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Deutsche Lufthansa AG

7.281

+0.104 (+1.45%)

Summary

↑ Sell

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Siemens AG Class N

176.96

+0.04 (+0.02%)

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14.582

-0.030 (-0.21%)

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Sell (1)

 EUR/USD1.0793Sell
 GBP/USD1.2624Sell
 USD/JPY151.38↑ Buy
 AUD/USD0.6522Sell
 USD/CAD1.3543Buy
 EUR/JPY163.37↑ Sell
 EUR/CHF0.9738↑ Buy
 Gold2,254.80Buy
 Silver25.100↑ Buy
 Copper4.0115↑ Buy
 Crude Oil WTI83.11↑ Buy
 Brent Oil86.99Neutral
 Natural Gas1.752↑ Sell
 US Coffee C188.53↑ Sell
 Euro Stoxx 505,082.85↑ Sell
 S&P 5005,254.35↑ Sell
 DAX18,504.51↑ Buy
 FTSE 1007,952.62↑ Sell
 Hang Seng16,541.42Neutral
 Small Cap 20002,120.15Neutral
 IBEX 3511,074.60↑ Sell
 BASF52.930↑ Buy
 Bayer28.43Buy
 Allianz277.80↑ Buy
 Adidas207.00↑ Buy
 Lufthansa7.281↑ Sell
 Siemens AG176.96↑ Buy
 Deutsche Bank AG14.582↑ Buy
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# So hôm qua # Chênh TG
SJC Eximbank7,910/ 8,080
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Cập nhật 31-03-2024 10:19:52
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ↀ Giá vàng thế giới
$2,232.75-1.61-0.07%
Live 24 hour Gold Chart
ʘ Giá bán lẻ xăng dầu
Sản phẩmVùng 1Vùng 2
RON 95-V24.69025.180
RON 95-III24.28024.760
E5 RON 92-II23.21023.670
DO 0.05S21.01021.430
DO 0,001S-V21.64022.070
Dầu hỏa 2-K21.26021.680
ↂ Giá dầu thô thế giới
WTI$82.82+5.390.07%
Brent$86.82+5.180.06%
$ Tỷ giá Vietcombank
Ngoại tệMua vàoBán ra
USD24.600,0024.970,00
EUR26.020,0327.447,78
GBP30.490,4131.787,64
JPY158,93168,22
KRW15,9119,28
Cập nhật lúc 10:12:31 31/03/2024
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