Bitcoin Price on May 9, 2022

2022-05-09

Market Data

Close
$30,082
Open
$34,051.2
High
$34,224.35
Low
$30,015
1-day change
-11.59%
7-day change
-21.91%
30-day change
-29.66%
1-year change
-48.41%
All-time high as of this date
$67,559
Drawdown from ATH
-55.47%
Cycle stage
Bear market

Halving Era 4

Block reward
6.25 BTC
Days since last halving
728
Days until next halving
712

On-Chain

Hash rate
229.57 PH/s
Difficulty
2.979e+13
Active addresses
705,421
Transactions
279,511

Market Sentiment

Fear & Greed Index: 11 (Extreme Fear)

Major Event

  • Terra/Luna Collapse Begins

    The Terra blockchain's algorithmic stablecoin UST breaks its peg and the associated LUNA token collapses from over $80 to effectively zero within days, wiping out approximately $40 billion in market value. Bitcoin drops 30% in the following two weeks as contagion spreads through crypto.

    macro · negative