{"id":503905,"date":"2022-09-27T19:03:30","date_gmt":"2022-09-27T19:03:30","guid":{"rendered":"https:\/\/uniquehot.com\/?p=503905"},"modified":"2024-06-11T09:12:41","modified_gmt":"2024-06-11T09:12:41","slug":"bitcoin-price-crashes-to-19000-but-stays-strong-against-other-assets","status":"publish","type":"post","link":"https:\/\/uniquehot.com\/news\/bitcoin-price-crashes-to-19000-but-stays-strong-against-other-assets\/","title":{"rendered":"Bitcoin Price Crashes To $19,000, But Stays Strong Against Other Assets"},"content":{"rendered":"<p><strong>The Bitcoin price has experience volatility over today\u2019s trading session as the cryptocurrency rallied to the $20,000 level. Across social media platforms, some market participants celebrated the bullish price action, but they went silent as BTC stumbled back into its range. <\/strong><\/p>\n<div class=\"related-reading-shortcode\" style=\"text-align: center\"><strong>Related Reading: <a href=\"https:\/\/uniquehot.com\/news\/bitcoin\/bitcoin-90-day-cdd-hits-all-time-low-says-market\/\" target=\"_blank\" rel=\"noopener \">Bitcoin 90-Day CDD Hits All-Time Low, What Does It Say About Market?<\/a><\/strong><\/div>\n<p>At the time of writing, the Bitcoin price trades at $18,900 with a 1% and 3% loss over the last 24 hours and 7 days, respectively. The benchmark cryptocurrency has been moving sideways trading in a range between its current levels and $19,500.<\/p>\n<figure id=\"attachment_503937\" aria-describedby=\"caption-attachment-503937\" style=\"width: 860px\" class=\"wp-caption aligncenter\"><img data-recalc-dims=\"1\" loading=\"lazy\" decoding=\"async\" class=\"wp-image-503937 size-large\" src=\"https:\/\/uniquehot.com\/wp-content\/uploads\/2022\/09\/Bitcoin-price-BTC-BTCUSDT-6.png?resize=860%2C376\" alt=\"Bitcoin price BTC BTCUSDT\" width=\"860\" height=\"376\"><figcaption id=\"caption-attachment-503937\" class=\"wp-caption-text\">BTC&#8217;s price moving sideways on the 4-hour chart. Source: <a href=\"https:\/\/www.tradingview.com\/chart\/UJ6TlxFV\/?symbol=BITSTAMP%3ABTCUSD\" target=\"_blank\" rel=\"noopener nofollow\"><strong>BTCUSDT Tradingview<\/strong><\/a><\/figcaption><\/figure>\n<h2>Bitcoin Price Stuck In A Range As Global Currencies Trend Downwards<\/h2>\n<p>Despite this sideways price action and a persistent downside trend across 2022, the Bitcoin price has outperformed other assets in the legacy financial sector. According to a <a href=\"https:\/\/www.nytimes.com\/2022\/09\/27\/business\/bitcoin-dollar-currencies.html?partner=IFTTT\" target=\"_blank\" rel=\"noopener nofollow\">report<\/a> from the New York Times, the cryptocurrency has been trading \u201cslightly\u201d in the green while major currencies and indexes record losses.<\/p>\n<p>As the Bitcoin price moves back and forth from $20,000, the Nasdaq 100 records a 10% loss in September. Over the past 30 days, the British Pound from the United Kingdom (GBP), the Euro from the European Union (EUR), the Japanese Yen (JPY), and other global currencies have been traded in the red as BTC moves sideways.<\/p>\n<p>In the past year, these currencies record an 18% to 23% loss against the U.S. dollar. The GBP is one of the worst performers over the past few days as the currency approaches parity with its American counterpart, while the Euro tanked and moved south from its parity with the USD.<\/p>\n<figure id=\"attachment_503936\" aria-describedby=\"caption-attachment-503936\" style=\"width: 860px\" class=\"wp-caption aligncenter\"><img data-recalc-dims=\"1\" loading=\"lazy\" decoding=\"async\" class=\"wp-image-503936 size-large\" src=\"https:\/\/uniquehot.com\/wp-content\/uploads\/2022\/09\/Bitcoin-Price-EURUSD-Chart-2.png?resize=860%2C376\" alt=\"Bitcoin Price EURUSD Chart 2\" width=\"860\" height=\"376\"><figcaption id=\"caption-attachment-503936\" class=\"wp-caption-text\">EUR losing parity with the U.S. dollar and trading at a multi-decade low on the 4-hour chart. Source: EURUSD Tradingview<\/figcaption><\/figure>\n<p>In the meantime, the U.S. dollar has moved into levels last seen over 20 years ago as macroeconomic uncertainty, and an increase in interest across the world support a risk-off sentiment across global financial markets. These investors seek refuge in the world\u2019s reserve currency.<\/p>\n<p>On the Bitcoin price performance compared to global currencies and the U.S. dollar, BTC bull Michael Saylor wrote:<\/p>\n<blockquote class=\"twitter-tweet\">\n<p dir=\"ltr\" lang=\"en\">Over the past year currencies have collapsed against the dollar:<\/p>\n<p>CAD -8%, CNY -9%, AUD -11%, ZAR -17%, KRW -18%, EUR -18%, PLN -21%, GBP -22%, JPY -23%, TRY -52%<\/p>\n<p>Over the past four years the dollar has collapsed -67% against <a href=\"https:\/\/twitter.com\/hashtag\/bitcoin?src=hash&amp;ref_src=twsrc%5Etfw\" rel=\"nofollow\">#bitcoin<\/a>.<\/p>\n<p>\u2014 Michael Saylor\u26a1\ufe0f (@saylor) <a href=\"https:\/\/twitter.com\/saylor\/status\/79360529?ref_src=twsrc%5Etfw\" rel=\"nofollow\">September 26, 2022<\/a><span style=\"color: #333333\">\u00a0<\/span><\/p><\/blockquote>\n<h3>Bitcoin Liquidates Leverage Shorts And Longs Positions<\/h3>\n<p>As the global economic conditions that are strengthening the U.S. dollar are still in play, Bitcoin seems poised to move sideways away from price discovery. On lower timeframes, a pseudonym trader recorded a spike in Open Interest (OI) over today\u2019s trading session.<\/p>\n<p>As high leverage players got taken out with today\u2019s sudden move to the upside and return to the current levels, the Bitcoin price seems poised to move sideways for the time being. However, as NewsBTC reported, the market might see further volatility during this month\u2019s candle close.<\/p>\n<div class=\"related-reading-shortcode\" style=\"text-align: center\"><strong>Related Reading: <a href=\"https:\/\/uniquehot.com\/terra-luna\/do-kwon-statement-a-possible-trigger-for-terra-tokens-price-surge\/\" target=\"_blank\" rel=\"noopener \">Do Kwon Statement: A Possible Trigger For Terra Tokens Price Surge<\/a><\/strong><\/div>\n<p>Bitcoin\u2019s short-term trajectory will continue to be determined by the performance of legacy financial markets with the Nasdaq 100 and S&amp;P 500 playing a critical role. The latter is hanging by a thread with the potential for further downside into the daily close.<\/p>\n<blockquote class=\"twitter-tweet\">\n<p dir=\"ltr\" lang=\"en\">The S&amp;P 500 is still hanging on and trying to turn positive on the day.<\/p>\n<p>Today&#8217;s close will be key.<a href=\"https:\/\/twitter.com\/search?q=%24SPY&amp;src=ctag&amp;ref_src=twsrc%5Etfw\" rel=\"nofollow\">$SPY<\/a> <a href=\"https:\/\/twitter.com\/search?q=%24SPX&amp;src=ctag&amp;ref_src=twsrc%5Etfw\" rel=\"nofollow\">$SPX<\/a> <a href=\"https:\/\/t.co\/WIlQme2kim\" rel=\"nofollow\">pic.twitter.com\/WIlQme2kim<\/a><\/p>\n<p>\u2014 Justin Bennett (@JustinBennettFX) <a href=\"https:\/\/twitter.com\/JustinBennettFX\/status\/01891844?ref_src=twsrc%5Etfw\" rel=\"nofollow\">September 27, 2022<\/a><span style=\"color: #333333\">\u00a0<\/span><\/p><\/blockquote>\n","protected":false},"excerpt":{"rendered":"<p>The Bitcoin price has experience volatility over today\u2019s trading session as the cryptocurrency rallied to the $20,000 level. Across social media platforms, some market participants celebrated the bullish price action, but they went silent as BTC stumbled back into its range. Related Reading: Bitcoin 90-Day CDD Hits All-Time Low, What Does It Say About Market? At the time of writing, the Bitcoin price trades at $18,900 with a 1% and 3% loss over the last 24 hours and 7 days, respectively. The benchmark cryptocurrency has been moving sideways trading in a range between its current levels and $19,500. Bitcoin Price Stuck In A Range As Global Currencies Trend Downwards Despite this sideways price action and a persistent downside trend across 2022, the Bitcoin price has outperformed other assets in the legacy financial sector. According to a report from the New York Times, the cryptocurrency has been trading \u201cslightly\u201d in the green while major currencies and indexes record losses. As the Bitcoin price moves back and forth from $20,000, the Nasdaq 100 records a 10% loss in September. Over the past 30 days, the British Pound from the United Kingdom (GBP), the Euro from the European Union (EUR), the Japanese Yen (JPY), and other global currencies have been traded in the red as BTC moves sideways. In the past year, these currencies record an 18% to 23% loss against the U.S. dollar. The GBP is one of the worst performers over the past few days as the currency approaches parity with its American counterpart, while the Euro tanked and moved south from its parity with the USD. In the meantime, the U.S. dollar has moved into levels last seen over 20 years ago as macroeconomic uncertainty, and an increase in interest across the world support a risk-off sentiment across global financial markets. These investors seek refuge in the world\u2019s reserve currency. On the Bitcoin price performance compared to global currencies and the U.S. dollar, BTC bull Michael Saylor wrote: Over the past year currencies have collapsed against the dollar: CAD -8%, CNY -9%, AUD -11%, ZAR -17%, KRW -18%, EUR -18%, PLN -21%, GBP -22%, JPY -23%, TRY -52% Over the past four years the dollar has collapsed -67% against #bitcoin. \u2014 Michael Saylor\u26a1\ufe0f (@saylor) September 26, 2022\u00a0 Bitcoin Liquidates Leverage Shorts And Longs Positions As the global economic conditions that are strengthening the U.S. dollar are still in play, Bitcoin seems poised to move sideways away from price discovery. On lower timeframes, a pseudonym trader recorded a spike in Open Interest (OI) over today\u2019s trading session. As high leverage players got taken out with today\u2019s sudden move to the upside and return to the current levels, the Bitcoin price seems poised to move sideways for the time being. However, as NewsBTC reported, the market might see further volatility during this month\u2019s candle close. Related Reading: Do Kwon Statement: A Possible Trigger For Terra Tokens Price Surge Bitcoin\u2019s short-term trajectory will continue to be determined by the performance of legacy financial markets with the Nasdaq 100 and S&amp;P 500 playing a critical role. The latter is hanging by a thread with the potential for further downside into the daily close. The S&amp;P 500 is still hanging on and trying to turn positive on the day. Today&#8217;s close will be key.$SPY $SPX pic.twitter.com\/WIlQme2kim \u2014 Justin Bennett (@JustinBennettFX) September 27, 2022\u00a0<\/p>\n","protected":false},"author":535,"featured_media":503909,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"_jetpack_memberships_contains_paid_content":false,"footnotes":""},"categories":[3],"tags":[428,1119,78790],"class_list":["post-503905","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-news","tag-bitcoin","tag-btc","tag-btcusdt"],"acf":[],"yoast_head":"\n<title>Bitcoin Price Crashes To $19,000, Stays Strong Against Equities<\/title>\n<meta name=\"description\" content=\"The Bitcoin price has experience volatility over today\u2019s trading session as the cryptocurrency rallied to the $20,000 level.\" \/>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/uniquehot.com\/news\/bitcoin-price-crashes-to-19000-but-stays-strong-against-other-assets\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Bitcoin Price Crashes To $19,000, Stays Strong Against Equities\" \/>\n<meta property=\"og:description\" content=\"The Bitcoin price has experience volatility over today\u2019s trading session as the cryptocurrency rallied to the $20,000 level.\" \/>\n<meta property=\"og:url\" content=\"https:\/\/uniquehot.com\/news\/bitcoin-price-crashes-to-19000-but-stays-strong-against-other-assets\/\" \/>\n<meta property=\"og:site_name\" content=\"NewsBTC\" \/>\n<meta property=\"article:publisher\" content=\"https:\/\/www.facebook.com\/newsbtc\" \/>\n<meta property=\"article:published_time\" content=\"2022-09-27T19:03:30+00:00\" \/>\n<meta property=\"article:modified_time\" content=\"2024-06-11T09:12:41+00:00\" \/>\n<meta property=\"og:image\" content=\"https:\/\/uniquehot.com\/wp-content\/uploads\/2022\/09\/Bitcoin-Price-BTC-BTCUSDT-6.jpg?fit=640%2C427\" \/>\n\t<meta property=\"og:image:width\" content=\"640\" \/>\n\t<meta property=\"og:image:height\" content=\"427\" \/>\n\t<meta property=\"og:image:type\" content=\"image\/jpeg\" \/>\n<meta name=\"author\" content=\"Reynaldo Marquez\" \/>\n<meta name=\"twitter:card\" content=\"summary_large_image\" \/>\n<meta name=\"twitter:creator\" content=\"@rl_m\" \/>\n<meta name=\"twitter:site\" content=\"@newsbtc\" \/>\n<meta name=\"twitter:label1\" content=\"Written by\" \/>\n\t<meta name=\"twitter:data1\" content=\"Reynaldo Marquez\" \/>\n\t<meta name=\"twitter:label2\" content=\"Est. reading time\" \/>\n\t<meta name=\"twitter:data2\" content=\"4 minutes\" \/>\n<script type=\"application\/ld+json\" class=\"yoast-schema-graph\">{\"@context\":\"https:\/\/schema.org\",\"@graph\":[{\"@type\":\"NewsArticle\",\"@id\":\"https:\/\/uniquehot.com\/news\/bitcoin-price-crashes-to-19000-but-stays-strong-against-other-assets\/#article\",\"isPartOf\":{\"@id\":\"https:\/\/uniquehot.com\/news\/bitcoin-price-crashes-to-19000-but-stays-strong-against-other-assets\/\"},\"author\":{\"name\":\"Reynaldo Marquez\",\"@id\":\"https:\/\/uniquehot.com\/#\/schema\/person\/6b25e0bbb04d6129ebb4d\"},\"headline\":\"Bitcoin Price Crashes To $19,000, But Stays Strong Against Other Assets\",\"datePublished\":\"2022-09-27T19:03:30+00:00\",\"dateModified\":\"2024-06-11T09:12:41+00:00\",\"mainEntityOfPage\":{\"@id\":\"https:\/\/uniquehot.com\/news\/bitcoin-price-crashes-to-19000-but-stays-strong-against-other-assets\/\"},\"wordCount\":611,\"publisher\":{\"@id\":\"https:\/\/uniquehot.com\/#organization\"},\"image\":{\"@id\":\"https:\/\/uniquehot.com\/news\/bitcoin-price-crashes-to-19000-but-stays-strong-against-other-assets\/#primaryimage\"},\"thumbnailUrl\":\"https:\/\/uniquehot.com\/wp-content\/uploads\/2022\/09\/Bitcoin-Price-BTC-BTCUSDT-6.jpg?fit=640%2C427\",\"keywords\":[\"bitcoin\",\"btc\",\"BTCUSDT\"],\"articleSection\":[\"Cryptocurrency Market News\"],\"inLanguage\":\"en-US\",\"copyrightYear\":\"2022\",\"copyrightHolder\":{\"@id\":\"https:\/\/uniquehot.com\/#organization\"}},{\"@type\":\"WebPage\",\"@id\":\"https:\/\/uniquehot.com\/news\/bitcoin-price-crashes-to-19000-but-stays-strong-against-other-assets\/\",\"url\":\"https:\/\/uniquehot.com\/news\/bitcoin-price-crashes-to-19000-but-stays-strong-against-other-assets\/\",\"name\":\"Bitcoin Price Crashes To $19,000, Stays Strong Against Equities\",\"isPartOf\":{\"@id\":\"https:\/\/uniquehot.com\/#website\"},\"primaryImageOfPage\":{\"@id\":\"https:\/\/uniquehot.com\/news\/bitcoin-price-crashes-to-19000-but-stays-strong-against-other-assets\/#primaryimage\"},\"image\":{\"@id\":\"https:\/\/uniquehot.com\/news\/bitcoin-price-crashes-to-19000-but-stays-strong-against-other-assets\/#primaryimage\"},\"thumbnailUrl\":\"https:\/\/uniquehot.com\/wp-content\/uploads\/2022\/09\/Bitcoin-Price-BTC-BTCUSDT-6.jpg?fit=640%2C427\",\"datePublished\":\"2022-09-27T19:03:30+00:00\",\"dateModified\":\"2024-06-11T09:12:41+00:00\",\"description\":\"The Bitcoin price has experience volatility over today\u2019s trading session as the cryptocurrency rallied to the $20,000 level.\",\"breadcrumb\":{\"@id\":\"https:\/\/uniquehot.com\/news\/bitcoin-price-crashes-to-19000-but-stays-strong-against-other-assets\/#breadcrumb\"},\"inLanguage\":\"en-US\",\"potentialAction\":[{\"@type\":\"ReadAction\",\"target\":[\"https:\/\/uniquehot.com\/news\/bitcoin-price-crashes-to-19000-but-stays-strong-against-other-assets\/\"]}]},{\"@type\":\"ImageObject\",\"inLanguage\":\"en-US\",\"@id\":\"https:\/\/uniquehot.com\/news\/bitcoin-price-crashes-to-19000-but-stays-strong-against-other-assets\/#primaryimage\",\"url\":\"https:\/\/uniquehot.com\/wp-content\/uploads\/2022\/09\/Bitcoin-Price-BTC-BTCUSDT-6.jpg?fit=640%2C427\",\"contentUrl\":\"https:\/\/uniquehot.com\/wp-content\/uploads\/2022\/09\/Bitcoin-Price-BTC-BTCUSDT-6.jpg?fit=640%2C427\",\"width\":640,\"height\":427,\"caption\":\"Image by: Markus Spiske - Unsplash\"},{\"@type\":\"BreadcrumbList\",\"@id\":\"https:\/\/uniquehot.com\/news\/bitcoin-price-crashes-to-19000-but-stays-strong-against-other-assets\/#breadcrumb\",\"itemListElement\":[{\"@type\":\"ListItem\",\"position\":1,\"name\":\"Home\",\"item\":\"https:\/\/uniquehot.com\/\"},{\"@type\":\"ListItem\",\"position\":2,\"name\":\"Bitcoin Price Crashes To $19,000, But Stays Strong Against Other Assets\"}]},{\"@type\":\"WebSite\",\"@id\":\"https:\/\/uniquehot.com\/#website\",\"url\":\"https:\/\/uniquehot.com\/\",\"name\":\"NewsBTC\",\"description\":\"Bitcoin &amp; Cryptocurrency News Today\",\"publisher\":{\"@id\":\"https:\/\/uniquehot.com\/#organization\"},\"potentialAction\":[{\"@type\":\"SearchAction\",\"target\":{\"@type\":\"EntryPoint\",\"urlTemplate\":\"https:\/\/uniquehot.com\/?s={search_term_string}\"},\"query-input\":{\"@type\":\"PropertyValueSpecification\",\"valueRequired\":true,\"valueName\":\"search_term_string\"}}],\"inLanguage\":\"en-US\"},{\"@type\":\"Organization\",\"@id\":\"https:\/\/uniquehot.com\/#organization\",\"name\":\"NewsBTC\",\"url\":\"https:\/\/uniquehot.com\/\",\"logo\":{\"@type\":\"ImageObject\",\"inLanguage\":\"en-US\",\"@id\":\"https:\/\/uniquehot.com\/#\/schema\/logo\/image\/\",\"url\":\"https:\/\/uniquehot.com\/wp-content\/uploads\/2020\/06\/logo-min.png?fit=157%2C46\",\"contentUrl\":\"https:\/\/uniquehot.com\/wp-content\/uploads\/2020\/06\/logo-min.png?fit=157%2C46\",\"width\":157,\"height\":46,\"caption\":\"NewsBTC\"},\"image\":{\"@id\":\"https:\/\/uniquehot.com\/#\/schema\/logo\/image\/\"},\"sameAs\":[\"https:\/\/www.facebook.com\/newsbtc\",\"https:\/\/x.com\/newsbtc\",\"https:\/\/www.youtube.com\/channel\/UC9v9erBEru5y4c3FA0wehEw\"]},{\"@type\":\"Person\",\"@id\":\"https:\/\/uniquehot.com\/#\/schema\/person\/6b25e0bbb04d6129ebb4d\",\"name\":\"Reynaldo Marquez\",\"image\":{\"@type\":\"ImageObject\",\"inLanguage\":\"en-US\",\"@id\":\"https:\/\/uniquehot.com\/#\/schema\/person\/image\/\",\"url\":\"https:\/\/secure.gravatar.com\/avatar\/036a3927a22f63e491c08a08c3641ece?s=96&d=mm&r=g\",\"contentUrl\":\"https:\/\/secure.gravatar.com\/avatar\/036a3927a22f63e491c08a08c3641ece?s=96&d=mm&r=g\",\"caption\":\"Reynaldo Marquez\"},\"description\":\"A literature major, Reynaldo M\u00e1rquez has been deeply immersed in the crypto industry since 2017. His journey began with translating articles for various crypto news outlets, a role he took on with zeal. In 2018, amidst a challenging market, he embraced his first writing assignment, demonstrating his unwavering commitment to the nascent industry and the promise of change it bears for many people worldwide. In March 2021, he joined the prestigious crypto news outlet NewsBTC and Bitcoinist, where he not only reported on the latest crypto news but also had the privilege of interviewing some of the industry's most influential figures. A year later, his dedication and hard work were recognized, and he was promoted to Managing Editor, a position he currently holds with pride. He believes in honesty, good communication, hard work, and the power of cryptocurrency and its potential to transform people's lives, especially those alienated by the legacy financial system. Born in 1992 in Venezuela, Reynaldo is familiar with how governments and central banks can negatively affect people, their everyday lives, and their futures by creating inflation and erasing their hopes for a better future. Thus, like many Venezuelans, he embraced this new technology to help him and his family navigate difficult times. In another life, Reynaldo would have pursued a career as an investigator, most likely tracking down the origins of the Cyberpunk movement with the publication of William Gibson\u2019s \u2018Neuromancer.\u2019 The intersection between fiction and reality, with the materialization of Bitcoin in 2009, would have allowed him to dive deep into the crypto sphere as something more than a financial phenomenon but also a cultural shift in society that was brewing since the XX century, and maybe even sooner, in the XIX century with the publication of Henry David Thoreau\u2019s \u2018Civil Disobedience.\u2019 But that\u2019s for another life. In this one, Reynaldo has been trading to improve his trading skills. Since 2023, he has been trying to learn Python to create successful strategies and find ways to execute them. It is a difficult task, which continues to keep him busy today and will most likely continue to keep him busy in the near and long term. In his free time, he enjoys lifting heavy objects, reading, watching movies, and listening to his favorite music. Some of his favorite authors are Walt Whitman, William Faulkner, Allen Ginsberg, James Baldwin, Raymond Carver, Ray Bradbury, George Orwell, Mario Vargas Llosa, Reinaldo Arenas, Rafael Cadenas, and many others. Lately, he has been primarily interested in reading about dystopic societies, a topic that deeply resonates with the crypto industry. Since 2023, he has lived in Spain with his wife. He loves the weather, the food, and the people and their culture. They both expect to travel much more within the country they now call home and beyond its border. He hopes to retire with his wife, maybe in a quiet place near a beach, but most likely in a city close to a library and a university with his kids and, hopefully, grandkids.\",\"sameAs\":[\"https:\/\/www.linkedin.com\/in\/reynaldo-mrquez-2ab111190\/\",\"https:\/\/x.com\/rl_m\"],\"url\":\"https:\/\/uniquehot.com\/author\/reynaldomarquez\/\"}]}<\/script>\n","yoast_head_json":{"title":"Bitcoin Price Crashes To $19,000, Stays Strong Against Equities","description":"The Bitcoin price has experience volatility over today\u2019s trading session as the cryptocurrency rallied to the $20,000 level.","robots":{"index":"index","follow":"follow","max-snippet":"max-snippet:-1","max-image-preview":"max-image-preview:large","max-video-preview":"max-video-preview:-1"},"canonical":"https:\/\/uniquehot.com\/news\/bitcoin-price-crashes-to-19000-but-stays-strong-against-other-assets\/","og_locale":"en_US","og_type":"article","og_title":"Bitcoin Price Crashes To $19,000, Stays Strong Against Equities","og_description":"The Bitcoin price has experience volatility over today\u2019s trading session as the cryptocurrency rallied to the $20,000 level.","og_url":"https:\/\/uniquehot.com\/news\/bitcoin-price-crashes-to-19000-but-stays-strong-against-other-assets\/","og_site_name":"NewsBTC","article_publisher":"https:\/\/www.facebook.com\/newsbtc","article_published_time":"2022-09-27T19:03:30+00:00","article_modified_time":"2024-06-11T09:12:41+00:00","og_image":[{"width":640,"height":427,"url":"https:\/\/uniquehot.com\/wp-content\/uploads\/2022\/09\/Bitcoin-Price-BTC-BTCUSDT-6.jpg?fit=640%2C427","type":"image\/jpeg"}],"author":"Reynaldo Marquez","twitter_card":"summary_large_image","twitter_creator":"@rl_m","twitter_site":"@newsbtc","twitter_misc":{"Written by":"Reynaldo Marquez","Est. reading time":"4 minutes"},"schema":{"@context":"https:\/\/schema.org","@graph":[{"@type":"NewsArticle","@id":"https:\/\/uniquehot.com\/news\/bitcoin-price-crashes-to-19000-but-stays-strong-against-other-assets\/#article","isPartOf":{"@id":"https:\/\/uniquehot.com\/news\/bitcoin-price-crashes-to-19000-but-stays-strong-against-other-assets\/"},"author":{"name":"Reynaldo Marquez","@id":"https:\/\/uniquehot.com\/#\/schema\/person\/6b25e0bbb04d6129ebb4d"},"headline":"Bitcoin Price Crashes To $19,000, But Stays Strong Against Other Assets","datePublished":"2022-09-27T19:03:30+00:00","dateModified":"2024-06-11T09:12:41+00:00","mainEntityOfPage":{"@id":"https:\/\/uniquehot.com\/news\/bitcoin-price-crashes-to-19000-but-stays-strong-against-other-assets\/"},"wordCount":611,"publisher":{"@id":"https:\/\/uniquehot.com\/#organization"},"image":{"@id":"https:\/\/uniquehot.com\/news\/bitcoin-price-crashes-to-19000-but-stays-strong-against-other-assets\/#primaryimage"},"thumbnailUrl":"https:\/\/uniquehot.com\/wp-content\/uploads\/2022\/09\/Bitcoin-Price-BTC-BTCUSDT-6.jpg?fit=640%2C427","keywords":["bitcoin","btc","BTCUSDT"],"articleSection":["Cryptocurrency Market News"],"inLanguage":"en-US","copyrightYear":"2022","copyrightHolder":{"@id":"https:\/\/uniquehot.com\/#organization"}},{"@type":"WebPage","@id":"https:\/\/uniquehot.com\/news\/bitcoin-price-crashes-to-19000-but-stays-strong-against-other-assets\/","url":"https:\/\/uniquehot.com\/news\/bitcoin-price-crashes-to-19000-but-stays-strong-against-other-assets\/","name":"Bitcoin Price Crashes To $19,000, Stays Strong Against Equities","isPartOf":{"@id":"https:\/\/uniquehot.com\/#website"},"primaryImageOfPage":{"@id":"https:\/\/uniquehot.com\/news\/bitcoin-price-crashes-to-19000-but-stays-strong-against-other-assets\/#primaryimage"},"image":{"@id":"https:\/\/uniquehot.com\/news\/bitcoin-price-crashes-to-19000-but-stays-strong-against-other-assets\/#primaryimage"},"thumbnailUrl":"https:\/\/uniquehot.com\/wp-content\/uploads\/2022\/09\/Bitcoin-Price-BTC-BTCUSDT-6.jpg?fit=640%2C427","datePublished":"2022-09-27T19:03:30+00:00","dateModified":"2024-06-11T09:12:41+00:00","description":"The Bitcoin price has experience volatility over today\u2019s trading session as the cryptocurrency rallied to the $20,000 level.","breadcrumb":{"@id":"https:\/\/uniquehot.com\/news\/bitcoin-price-crashes-to-19000-but-stays-strong-against-other-assets\/#breadcrumb"},"inLanguage":"en-US","potentialAction":[{"@type":"ReadAction","target":["https:\/\/uniquehot.com\/news\/bitcoin-price-crashes-to-19000-but-stays-strong-against-other-assets\/"]}]},{"@type":"ImageObject","inLanguage":"en-US","@id":"https:\/\/uniquehot.com\/news\/bitcoin-price-crashes-to-19000-but-stays-strong-against-other-assets\/#primaryimage","url":"https:\/\/uniquehot.com\/wp-content\/uploads\/2022\/09\/Bitcoin-Price-BTC-BTCUSDT-6.jpg?fit=640%2C427","contentUrl":"https:\/\/uniquehot.com\/wp-content\/uploads\/2022\/09\/Bitcoin-Price-BTC-BTCUSDT-6.jpg?fit=640%2C427","width":640,"height":427,"caption":"Image by: Markus Spiske - Unsplash"},{"@type":"BreadcrumbList","@id":"https:\/\/uniquehot.com\/news\/bitcoin-price-crashes-to-19000-but-stays-strong-against-other-assets\/#breadcrumb","itemListElement":[{"@type":"ListItem","position":1,"name":"Home","item":"https:\/\/uniquehot.com\/"},{"@type":"ListItem","position":2,"name":"Bitcoin Price Crashes To $19,000, But Stays Strong Against Other Assets"}]},{"@type":"WebSite","@id":"https:\/\/uniquehot.com\/#website","url":"https:\/\/uniquehot.com\/","name":"NewsBTC","description":"Bitcoin &amp; Cryptocurrency News Today","publisher":{"@id":"https:\/\/uniquehot.com\/#organization"},"potentialAction":[{"@type":"SearchAction","target":{"@type":"EntryPoint","urlTemplate":"https:\/\/uniquehot.com\/?s={search_term_string}"},"query-input":{"@type":"PropertyValueSpecification","valueRequired":true,"valueName":"search_term_string"}}],"inLanguage":"en-US"},{"@type":"Organization","@id":"https:\/\/uniquehot.com\/#organization","name":"NewsBTC","url":"https:\/\/uniquehot.com\/","logo":{"@type":"ImageObject","inLanguage":"en-US","@id":"https:\/\/uniquehot.com\/#\/schema\/logo\/image\/","url":"https:\/\/uniquehot.com\/wp-content\/uploads\/2020\/06\/logo-min.png?fit=157%2C46","contentUrl":"https:\/\/uniquehot.com\/wp-content\/uploads\/2020\/06\/logo-min.png?fit=157%2C46","width":157,"height":46,"caption":"NewsBTC"},"image":{"@id":"https:\/\/uniquehot.com\/#\/schema\/logo\/image\/"},"sameAs":["https:\/\/www.facebook.com\/newsbtc","https:\/\/x.com\/newsbtc","https:\/\/www.youtube.com\/channel\/UC9v9erBEru5y4c3FA0wehEw"]},{"@type":"Person","@id":"https:\/\/uniquehot.com\/#\/schema\/person\/6b25e0bbb04d6129ebb4d","name":"Reynaldo Marquez","image":{"@type":"ImageObject","inLanguage":"en-US","@id":"https:\/\/uniquehot.com\/#\/schema\/person\/image\/","url":"https:\/\/secure.gravatar.com\/avatar\/036a3927a22f63e491c08a08c3641ece?s=96&d=mm&r=g","contentUrl":"https:\/\/secure.gravatar.com\/avatar\/036a3927a22f63e491c08a08c3641ece?s=96&d=mm&r=g","caption":"Reynaldo Marquez"},"description":"A literature major, Reynaldo M\u00e1rquez has been deeply immersed in the crypto industry since 2017. His journey began with translating articles for various crypto news outlets, a role he took on with zeal. In 2018, amidst a challenging market, he embraced his first writing assignment, demonstrating his unwavering commitment to the nascent industry and the promise of change it bears for many people worldwide. In March 2021, he joined the prestigious crypto news outlet NewsBTC and Bitcoinist, where he not only reported on the latest crypto news but also had the privilege of interviewing some of the industry's most influential figures. A year later, his dedication and hard work were recognized, and he was promoted to Managing Editor, a position he currently holds with pride. He believes in honesty, good communication, hard work, and the power of cryptocurrency and its potential to transform people's lives, especially those alienated by the legacy financial system. Born in 1992 in Venezuela, Reynaldo is familiar with how governments and central banks can negatively affect people, their everyday lives, and their futures by creating inflation and erasing their hopes for a better future. Thus, like many Venezuelans, he embraced this new technology to help him and his family navigate difficult times. In another life, Reynaldo would have pursued a career as an investigator, most likely tracking down the origins of the Cyberpunk movement with the publication of William Gibson\u2019s \u2018Neuromancer.\u2019 The intersection between fiction and reality, with the materialization of Bitcoin in 2009, would have allowed him to dive deep into the crypto sphere as something more than a financial phenomenon but also a cultural shift in society that was brewing since the XX century, and maybe even sooner, in the XIX century with the publication of Henry David Thoreau\u2019s \u2018Civil Disobedience.\u2019 But that\u2019s for another life. In this one, Reynaldo has been trading to improve his trading skills. Since 2023, he has been trying to learn Python to create successful strategies and find ways to execute them. It is a difficult task, which continues to keep him busy today and will most likely continue to keep him busy in the near and long term. In his free time, he enjoys lifting heavy objects, reading, watching movies, and listening to his favorite music. Some of his favorite authors are Walt Whitman, William Faulkner, Allen Ginsberg, James Baldwin, Raymond Carver, Ray Bradbury, George Orwell, Mario Vargas Llosa, Reinaldo Arenas, Rafael Cadenas, and many others. Lately, he has been primarily interested in reading about dystopic societies, a topic that deeply resonates with the crypto industry. Since 2023, he has lived in Spain with his wife. He loves the weather, the food, and the people and their culture. They both expect to travel much more within the country they now call home and beyond its border. He hopes to retire with his wife, maybe in a quiet place near a beach, but most likely in a city close to a library and a university with his kids and, hopefully, grandkids.","sameAs":["https:\/\/www.linkedin.com\/in\/reynaldo-mrquez-2ab111190\/","https:\/\/x.com\/rl_m"],"url":"https:\/\/uniquehot.com\/author\/reynaldomarquez\/"}]}},"parsely":{"version":"1.1.0","meta":{"@context":"https:\/\/schema.org","@type":"NewsArticle","headline":"Bitcoin Price Crashes To $19,000, But Stays Strong Against Other Assets","url":"http:\/\/uniquehot.com\/news\/bitcoin-price-crashes-to-19000-but-stays-strong-against-other-assets\/","mainEntityOfPage":{"@type":"WebPage","@id":"http:\/\/uniquehot.com\/news\/bitcoin-price-crashes-to-19000-but-stays-strong-against-other-assets\/"},"thumbnailUrl":"https:\/\/uniquehot.com\/wp-content\/uploads\/2022\/09\/Bitcoin-Price-BTC-BTCUSDT-6.jpg?resize=200%2C200","image":{"@type":"ImageObject","url":"https:\/\/uniquehot.com\/wp-content\/uploads\/2022\/09\/Bitcoin-Price-BTC-BTCUSDT-6.jpg?fit=640%2C427"},"articleSection":"Cryptocurrency Market News","author":[{"@type":"Person","name":"Reynaldo Marquez"}],"creator":["Reynaldo Marquez"],"publisher":{"@type":"Organization","name":"NewsBTC","logo":"https:\/\/uniquehot.com\/wp-content\/uploads\/2020\/06\/cropped-cropped-cropped-favicon.png?w=32"},"keywords":["bitcoin","btc","btcusdt"],"dateCreated":"2022-09-27T19:03:30Z","datePublished":"2022-09-27T19:03:30Z","dateModified":"2024-06-11T09:12:41Z"},"rendered":"<script type=\"application\/ld+json\">{\"@context\":\"https:\\\/\\\/schema.org\",\"@type\":\"NewsArticle\",\"headline\":\"Bitcoin Price Crashes To $19,000, But Stays Strong Against Other Assets\",\"url\":\"http:\\\/\\\/uniquehot.com\\\/news\\\/bitcoin-price-crashes-to-19000-but-stays-strong-against-other-assets\\\/\",\"mainEntityOfPage\":{\"@type\":\"WebPage\",\"@id\":\"http:\\\/\\\/uniquehot.com\\\/news\\\/bitcoin-price-crashes-to-19000-but-stays-strong-against-other-assets\\\/\"},\"thumbnailUrl\":\"https:\\\/\\\/uniquehot.com\\\/wp-content\\\/uploads\\\/2022\\\/09\\\/Bitcoin-Price-BTC-BTCUSDT-6.jpg?resize=200%2C200\",\"image\":{\"@type\":\"ImageObject\",\"url\":\"https:\\\/\\\/uniquehot.com\\\/wp-content\\\/uploads\\\/2022\\\/09\\\/Bitcoin-Price-BTC-BTCUSDT-6.jpg?fit=640%2C427\"},\"articleSection\":\"Cryptocurrency Market News\",\"author\":[{\"@type\":\"Person\",\"name\":\"Reynaldo Marquez\"}],\"creator\":[\"Reynaldo Marquez\"],\"publisher\":{\"@type\":\"Organization\",\"name\":\"NewsBTC\",\"logo\":\"https:\\\/\\\/uniquehot.com\\\/wp-content\\\/uploads\\\/2020\\\/06\\\/cropped-cropped-cropped-favicon.png?w=32\"},\"keywords\":[\"bitcoin\",\"btc\",\"btcusdt\"],\"dateCreated\":\"2022-09-27T19:03:30Z\",\"datePublished\":\"2022-09-27T19:03:30Z\",\"dateModified\":\"2024-06-11T09:12:41Z\"}<\/script>","tracker_url":"https:\/\/cdn.parsely.com\/keys\/uniquehot.com\/p.js"},"jetpack_sharing_enabled":true,"jetpack_featured_media_url":"https:\/\/uniquehot.com\/wp-content\/uploads\/2022\/09\/Bitcoin-Price-BTC-BTCUSDT-6.jpg?fit=640%2C427","amp_enabled":true,"_links":{"self":[{"href":"https:\/\/uniquehot.com\/wp-json\/wp\/v2\/posts\/503905"}],"collection":[{"href":"https:\/\/uniquehot.com\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/uniquehot.com\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/uniquehot.com\/wp-json\/wp\/v2\/users\/535"}],"replies":[{"embeddable":true,"href":"https:\/\/uniquehot.com\/wp-json\/wp\/v2\/comments?post=503905"}],"version-history":[{"count":0,"href":"https:\/\/uniquehot.com\/wp-json\/wp\/v2\/posts\/503905\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/uniquehot.com\/wp-json\/wp\/v2\/media\/503909"}],"wp:attachment":[{"href":"https:\/\/uniquehot.com\/wp-json\/wp\/v2\/media?parent=503905"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/uniquehot.com\/wp-json\/wp\/v2\/categories?post=503905"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/uniquehot.com\/wp-json\/wp\/v2\/tags?post=503905"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}