No, Elon Musk's SpaceX Isn't the Cause of This Multi-Billion-Dollar Bitcoin Bloodbath
Bitcoin prices fell suddenly late on Thursday amid reports of hundreds of millions in sales, triggering a bloodbath across futures and spot markets.
24H Price
The Gemini Dollar price is $1.01, a change of 0.02% over the past 24 hours as of 6:24 a.m. The recent price action in Gemini Dollar left the tokens market capitalization at $314,304,427.15. So far this year, Gemini Dollar has a change of 1.03%. Gemini Dollar is classified as a Currency under CoinDesks Digital Asset Classification Standard (DACS).
Bitcoin prices fell suddenly late on Thursday amid reports of hundreds of millions in sales, triggering a bloodbath across futures and spot markets.
Open interest or the dollar amount locked in open SHIB futures contracts has topped $100 million for the first time since February.
Low liquidity after the token’s relisting likely caused a temporary pricing glitch on the exchange.
Kraken and Kraken Pro users can trade both coins against the U.S. dollar and euro in the spot market.
CoinDesk’s Bitcoin and Cryptocurrency Calculator determines the exchange rates between major fiat currencies and cryptocurrencies – including BTC, BCH, ETH and XRP to USD, EUR, GBP, IDR and NGN – with up to six decimal places of accuracy. Conversion rates are based on CoinDesk’s Bitcoin Price Index and the price indices of other digital assets. World currency prices are based on rates obtained via Open Exchange Rates.
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