What Is Causing The Drop In Bitcoin And Ethereum

Last Updated on November 29, 2023 by Paganoto

Bitcoin drops below $20000 as crypto meltdown continues

The massive crypto meltdown is part of a larger market downturn brought on by elevated inflation, rising interest rates, war in Ukraine, Covid lockdowns and supply chain chaos. This week, the Federal Reserve increased interest rates by 75 basis points, the largest hike since 1994.Jun 20, 2022

Sudden crypto market drop sends bitcoin below $22,000

Ether, Binance Coin, Cardano and Solana all fell at the same time. The reason for the drop was not immediately clear. In this article. BTC.

Cryptocurrencies: Sell-off continues, bitcoin and ethereum fall

Bitcoin briefly fell below $21000 on Tuesday in Asia, continuing its plunge along with a sell-off in risk assets.

Crypto Crash: Why Is Crypto Down Today? – Forbes

Ethereum (ETH) prices dropped around 16% to less than $1,300, while Litecoin (LTC) and Bitcoin Cash (BCH) prices were down more than 13%.

Why Is Bitcoin Down Today? – Forbes

The original crypto has dropped about 4% in the last 24 hours, with other altcoins moving downward, too. Ethereum, the leading altcoin, …

Bitcoin Is 'Officially on Vacation,' Dropping Closer to … – Time

Some of the drops have been caused by a combination of factors, Noble theorizes, from excitement about low-quality coins, to negative remarks from Elon Musk, to …

Ethereum and Bitcoin Prices Are Tanking. Here's Why One …

Bitcoin and ethereum have dropped by nearly 20% over the last seven days, with bitcoin falling under $30,000 and ethereum trading near …

Crypto crash 2022: why are Bitcoin and Ethereum down today?

The price of Bitcoin was £20,286.78 after the latest drop in prices (7 June), according to Coinbase. Ethereum’s value is now £1,047.41. …

Bitcoin Could Keep Falling. Here's a Reason to Be Optimistic.

Beyond Bitcoin, Ether —the second largest token—dropped 8% to $1,400. Altcoins, or smaller cryptos, were similarly weak, with Solana down 8% …

Paganoto

Pagaonoto is an SEO editor and cryptocurrency researcher for various publications.