Bitcoin Price Pullback To $41K, Terraform Labs Files For Bankruptcy

Crypto News LIVE Updates: The crypto market cap falls nearly 2% to $1.61 trillion amid a broader selling pressure. Bitcoin price pullback to trade near $41,000, down almost 2% with no major change in trading volume in the last 24 hours. Top altcoins Ethereum, Solana, XRP, Cardano, and others tumbled 2-5%. Ethereum price is trading at $2,431, down 2% in the last 24 hours.

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09:12:42 AM IST, 22 January 2024

Crypto News Live: Terraform Labs (TFL) Files For Bankruptcy In US

Terraform Labs files for voluntary chapter 11 bankruptcy protection in Delaware. Chris Amani CEO of Terraform Labs, said “This step protects our ability to continue working with the community on infrastructure, innovative tools and products, and other ecosystem support.”

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09:10:24 AM IST, 22 January 2024

Crypto News Live: Bitcoin Price Moving Towards $40,000

Bitcoin price pullback towards $40,000, paring earlier gains. BTC price trades at $41,093, down 2% in the last 24 hours.

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Varinder has 10 years of experience in the Fintech sector, with over 5 years dedicated to blockchain, crypto, and Web3 developments. Being a technology enthusiast and analytical thinker, he has shared his knowledge of disruptive technologies in over 5000+ news, articles, and papers. With CoinGape Media, Varinder believes in the huge potential of these innovative future technologies. He is currently covering all the latest updates and developments in the crypto industry.

The presented content may include the personal opinion of the author and is subject to market condition. Do your market research before investing in cryptocurrencies. The author or the publication does not hold any responsibility for your personal financial loss.

Source: https://coingape.com/news/liveblog/cryptocurrency-news-live-today-bitcoin-ethereum-xrp-solana-pepe-coin-dogecoin-tether-shiba-inu-price-latest-updates-22-january-2024