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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.
With every top coin suffering the brunt of the crash, here are the possible reasons as to why it happened and what you can expect next. The ‘Black Friday’ Crypto Crash That Wiped Out $136B Was ...
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 ...
Following a smaller correction in February, Bitcoin plunged from its peak above $64,000 on 14 April to below $49,000 on 23 April, representing a 23% mini-crash in less than 10 days, dipping below the March bottom trading range and wiping half a trillion dollars from the combined crypto total current value.
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 ...
It’s always hard to pinpoint an exact cause of a dramatic sell-off, but in this case, there seem to be a number of factors at work. 3 reasons behind the crypto crash that dragged Bitcoin below ...
Broader market conditions and selloff fears have pushed down leading digital asset prices by 25%.
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