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Bitcoin and the broader crypto market tumbled on Friday as investors dumped digital assets after the Federal Reserve said it would make fewer interest rate cuts in 2025 than expected.
In the crypto market, bitcoin dropped below $50,000 (£39,000) for the first time since February, while Ethereum (ETH) saw its value fall more than $1,000 in a matter of days, down from $3,300 at ...
The value of the token, which accounts for nearly a third of the crypto market, declined 11% to $528bn in the last 24 hours. Bitcoin price falls to 16-month low in latest crypto crash Skip to main ...
Following news that Iran’s fundamentalist rulers had launched a massive air attack on Israel, the price fell from around $70,000 to $62,000—a more than 10% drop—while some altcoins plunged ...
The better-than-expected news caught crypto investors unprepared, leading to $457 million in long positions being liquidated as values dropped. Crypto trading can often be highly leveraged, and if ...
After a short but significant fall, both crypto's peaked on 7 November 2021 at $67,566.83 and $4,812.09, respectively. The NASDAQ would peak 12 days later on 19 November at 16,057.44. In September, Bitcoin officially became a legal tender in El Salvador with many news sources wondering what countries would be next. [43]
The crypto crash wasn’t exclusive to crypto. The Dow Jones Industrial Average, a key stock index, entered a bear market in mid-June 2022. Moreover, the S&P 500 officially entered a bear market ...
Bitcoin (BTC) has fallen by almost 20% as part of a crash in the cryptocurrency market after a popular lender froze withdrawals and transfers.