Bitcoin remains in the water as global markets continue to look fearful

ONLY 16 DAYS TO GO …

Crypto at a glance

Bitcoin continues to hold steady this morning around the $ 45,000 level where it has been trading for most of the weekend. The ship appears to have stabilized somewhat after last week’s flash crash threw the leading cryptocurrency back about $ 50,000 from sacred ground, but will we see further consolidation before another big move?

Markets generally continue to look fearful, with the S&P 500 – an index of the 500 largest publicly traded companies – falling for five consecutive days last week. It ended the week at its lowest point in nearly three weeks as concerns grow that the global economy in general is weakening. Central banks are trying to cut stimulus packages while inflation worries mount again.

In the crypto space in particular, rumors of countries adopting crypto continue to stir, with a meeting between the governments of Ukraine and El Salvadors causing a stir this week.

The Crypto AM London Blockchain & DeFi Summit and the Crypto AM Awards 2021

day one takes place on ETC Fenchurch Street, where the four Crypto AM City of London Roundtables are held so that delegates can meet and network with one another and learn from great discussions and conversations.

Day two the summit day (streaming and live audience) will be held at the Leonardo Royal Hotel, St.

For lecture opportunities, partnership packages or participation (tickets are strictly limited and on request) please send an email to: events@cityam.com Use the subject line ‘CRYPTOAM SUMMIT’.

Summit and price announcements

Crypto AM Awards 2021 judges announced

Crypto AM is proud to announce Luno as a gold partner

Crypto AM is proud to announce Cudos as a gold partner

Crypto AM is pleased to announce MELD as a Gold Partner

Crypto AM is proud to announce Umbria Network as a silver partner

Would you like to help spread the introduction and formation of Bitcoin in the UK and even pile up some sats while you do so? Well now you can!

the Bitcoin pioneers Community, backed by Barry Silberts Digital Currency Group, was formed to bring Bitcoin to a mainstream audience in meaningful ways and now has members across the UK.

We share tips, stories, and ideas on how to encourage others to try Bitcoin for the first time. And thanks to Luno’s support, every pioneer receives £ 500 a month of Bitcoin to share with beginners to help them get started.

So, if you’re passionate about Bitcoin, why not join today? Click here to find out more!

All feedback on Crypto AM Daily in collaboration with Luno is welcome by email at James.Bowater@cityam.com 🙏🏻

Crypto AM Daily on Friday in collaboration with Luno

Bitcoin price

In the markets

The bitcoin economy

* For definitions and insights, see https://bytetree.com/insights/

Total crypto market capitalization

The total capitalization of the entire cryptocurrency market at the time of writing is currently $ 2,052,376,553,953.

What Bitcoin did yesterday

We got yesterday, September 12th, 2021, at the price of. closed $ 46,063.27, from $ 45,201.46 the previous day. The daily high was $ 46,364.88 yesterday and the daily low was $ 44,790.46.

Around this time last year, Bitcoin’s price closed the day at $ 10,323.76. In 2019, it closed at $ 10,360.55.

Bitcoin market capitalization

Bitcoin’s market capitalization at the time of writing is $ 843.67 billion. To put it in context, gold’s market cap is $ 11.373 trillion and Facebook is $ 1.067 trillion.

Bitcoin volume

The total spot trading volume reported by all exchanges in the last 24 hours was $ 29,859,501,609. High volumes may indicate that a significant price move has stronger support and is more likely to be sustained.

volatility

Bitcoin’s price volatility over the past 30 days is 45.46%.

Fear and greed index

The market sentiment is today 44.

Bitcoin’s market dominance

Bitcoin’s market dominance is today 40.88, The lowest dominance ever recorded was 37.09 on January 8, 2018.

Relative Strength Index (RSI)

The daily RSI is currently 43.18. Values ​​of 70 or above indicate that an asset is overbought and may be prepared for a trend reversal or price correction – an RSI of 30 or below indicates an oversold or undervalued condition.

Convince your Nan: Soundbite of the day

“We want Panama to be compatible with blockchain, crypto assets and the internet. That has the potential to create jobs, attract investment and create transparency. ”

Panamanian Legislator Gabriel Silva

What they said yesterday

And there is no kryptonite …

#Bitcoin is digital energy. Fiat is political energy. Bitcoin miners convert electrical energy into digital energy. Bitcoin exchanges convert political energy into digital energy. Digital energy is indestructible, immortal, instantaneous and incredible.

– Michael Saylor⚡️ (@michael_saylor) September 12, 2021

Hodl. Are you doing it?

The $ BTC offer held by long-term owners continues to break the ATHs on a daily basis.

Long-term holders have amassed an additional 1,857,733 BTC since the price first hit 46,000 in February. pic.twitter.com/qpdRXHzL5d

– 🟠Dylan LeClair🟠 (@DylanLeClair_) September 13, 2021

The farewell continues …

Crypto AM: Editor’s Choice

Bitcoin can now be bought with the Post Office app

Royal Mail undecided on further mail closures (Getty Images)

Simon Nixon urges Seek Ventures to increase Bitcoin investments

Bitcoin cracks $ 50,000 as magical Monday gives cryptocurrencies a green start to the week

Gibraltar hosts the first international crypto event after the pandemic

CV Labs Partnership brings UK crypto company Evai to the global Bittrex exchange

Krypto AM: features

Krypto AM: Spotlight

Crypto AM: Founder Series

Crypto AM: Industry voices

Krypto AM: Contributors

Crypto AM: In conversation with James Bowater

Crypto AM: Tomorrow’s Money with Gavin S Brown

Crypto AM: Mixing in the Metaverse with Dr. Chris Kacher

Crypto AM: Visions of the Future, Past and Present with Alex Lightman

Crypto AM: Tiptoe through the Crypto with Monty Munford

Crypto AM: Get a byte out of digital assets with Jonny Fry

Crypto AM: Parliamentary Special Offer

Part one of two – April 2021

Part two of two – April 2021

Five-part series – March 2021

Day one…

Day two …

Day three …

Day four …

Day five …

Crypto AM: Events

For everyone who missed the Crypto AM DeFi & Digital Inclusion Online Summit 2021 – you can now follow the event in two parts on YouTube:

Part One…

Second part…

Warning notices

It is certainly tempting to get carried away with the excitement, but please heed this warning: do your own research, invest only what you can afford, and make good decisions. Hopefully the indicators included in this article will help with that. However, remember The content of this article is for informational purposes only and does not constitute investment advice or any form of recommendation or invitation. City AM, Crypto AM and Luno always advise you to seek your own independent financial advice before investing or trading in cryptocurrency.

All information is correct as of 8:00 AM BST

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