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What is the Latest Situation in Bitcoin, Ethereum and Altcoins? August 10, 2022 How Many Dollars Was BTC, Dogecoin and XRP?


Bitcoin

Cryptocurrencies, which started the week with an upward trend, have fallen in the last 24 hours. So what is the latest situation in Bitcoin, Ethereum and Altcoins? How many dollars / TL was BTC, ETH and XRP? Here are the details…

Cryptocurrency Markets Have Lost Value in the Last 24 Hours

According to the data in Coinecko, as of 15.55, the markets decreased by 2.9 percent to $ 1.13 trillion.

Bitcoin, on the other hand, has dropped 2.6% in the last 24 hours. Although the price of BTC declined to $ 23 thousand 71, it managed to stay above the $ 23 thousand resistance.

Ethereum's depreciation was similar to BTC. ETH's price fell 2.6 percent to $1,696.

Ripple and Dogecoin also showed similar moves across the market. XRP fell 3 percent to 36.3 cents, while DOGE fell 5.1 percent to 6.8 cents.

Coinbase Announces Over $1 Billion in Q2 Losses

Cryptocurrency exchange Coinbase reported a loss of approximately $1.1 billion in the second quarter of this year, driven by the decline in cryptocurrencies.

Coinbase lost about $1.1 billion in the second quarter of this year, driven by the decline in cryptocurrencies. The company announced a profit of $ 1.6 billion in the April-June period of last year.

Loss Near $5 Per Share

The loss per share of the cryptocurrency exchange was $ 4.98 in this period.

Optimistic About Cryptocurrency Future

Coinbase said in a statement that despite the nearly 60% drop in the value of the cryptocurrency market in the second quarter due to macroeconomic conditions and shocks in the crypto credit environment, the company remains optimistic about the future of this technology.

Transaction Volume Dropped in Half

In the statement, which described the second quarter of the year as a "resilience test" for crypto money companies, it was noted that striking market movements affected transaction revenue by changing user behavior and trading volume.

In the statement, it was reported that the transaction volume, which was 462 billion dollars in the second quarter of last year, decreased to 217 billion dollars in the same period of this year.

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