- Why is crypto down today?
- ‘Hotel Bitcoin’: 4 Friends, 4000 Bitcoins, and 1 Laptop
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Why is crypto down today?
The global cryptocurrency market capitalization is down 0.5% over the past 24 hours, currently standing at $2.32 trillion.
Also, the total crypto trading volume on the last day was $85.8 billion.
A small majority of coins are down today. And their drops are relatively low as well.
Bonk (BONK) fell the most among the top 100 coins per market cap. It’s down 4.1% to $0.00001723.
Celestia (TIA) and Jupiter (JUP) fell 3.9% and 3%, respectively, while the rest of the red list is down around 2% and less per coin.
On the green side, the best performer today is Bittensor (TAO). Its 15.4% increase led it to the current price of $546.91.
Immutable (IMX) also saw a double-digit rise: 13.2% to $1.82.
The other green coins have increased below 9% each.
As for the top 10 coins per market cap, four coins are up, and four are down.
The highest drop is Solana (SOL)’s 1.6% to the price of $143.91.
At the same time, the smallest fall is Dogecoin (DOGE)’s 0.9%, now trading at $0.10676.
On the other hand, Ethereum (ETH) is the day’s best performer. It appreciated 2.2% in a day, currently trading at $2,642.
Bitcoin (BTC) increased the least. It’s up 1%, changing hands at $63,519.
Meanwhile, the US Vice President and the Democratic presidential nominee, Kamala Harris, promised to encourage ‘innovative technologies’ such as cryptos.
She made her first public comment on digital assets on Sunday at a fundraiser, vowing to safeguard the industry’s interests.
Also in the US, the spot Bitcoin exchange-traded funds (ETFs) recorded a surge in investor interest on Friday, recording $92 million in net inflows despite a market downturn.
The week saw nearly $400 million in total inflows across these funds.
‘Hotel Bitcoin’: 4 Friends, 4000 Bitcoins, and 1 Laptop
A comedy called ‘Hotel Bitcoin’ will be coming to the American market next month.
Major Spanish sales agent Filmax has picked up global rights to the movie, Variety reported.
It will see its premiere screening at the American Film Market in November.
‘Hotel Bitcoin,’ the synopsis says, tells “the story of four friends, 4,000 bitcoins, and one laptop.”
“In order to protect their dough, they’ll have to deal with
