bitcoin: Crypto Price Today: Bitcoin below $19k; Shiba Inu & Dogecoin drop 3%

Synopsis

Bitcoin miner Iris Energy signed a deal to sell up to $100 million in equity to investment bank B Riley over the next two years, marking the bank’s second big investment in the industry that is facing serious market headwinds.

New Delhi: After spending the majority of the weekend in the red, Bitcoin and other crypto tokens extended their losses on Monday. Crypto assets continue to remain under pressure over the global macroeconomic environment.

Barring the USD Coin, XRP and Polkadot, all top crypto tokens were trading in the red on Monday. Solana and Shiba Inu plunged 3 per cent each. Cardano, Polkadot, Polygon and Avalanche shed 2 per cent each.

The global cryptocurrency market cap was trading marginally lower at $926.12 billion, dropping about a per cent in the last 24 hours. However, the total trading volume jumped almost 3 per cent, close to $54.33 billion.


Global Updates
Bitcoin miner Iris Energy signed a deal to sell up to $100 million in equity to investment bank B Riley over the next two years, marking the bank’s second big investment in the industry that is facing serious market headwinds.

Did you Know?

Jobs in crypto, blockchain, and NFTs have grown by 804% in India between April 2020 and April 2022 according to a report by Indeed

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Holders of preferred equity in failed cryptocurrency lender Celsius Network want to make sure they’re at the table in talks on clawing back their investments, as well as first dibs on proceeds from the sale of certain assets.

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Updated: 09/26/2022 — 01:00