Last Updated on March 23, 2023 by Paganoto
Bitcoin drops below $20000 as crypto meltdown continues
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
Crypto Crash: Why Is Crypto Down Today? – Forbes
Crypto Crash: Why Is Crypto Down Today? – Forbes
The price of Bitcoin and other cryptocurrencies tumbled to new 2022 lows this week thanks to elevated instability among stablecoins.
Why Is Bitcoin Down Today? – Forbes
Why Is Bitcoin Down Today? – Forbes
Bitcoin prices are now down nearly 56% year to date, trading well off their all-time highs of around $69,000 in November 2021. Experts also say …
Bitcoin Is 'Officially on Vacation,' Dropping Closer to … – TIME
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 …
Crypto crash: Why has cryptocurrency dropped?
Crypto crash: Why has cryptocurrency dropped?
Sell-off in the popular cryptocurrency Bitcoin saw its value plunge to $US17,592.78 in mid-June – the first time since December 2020 that the …
Why are crypto markets crashing? What about luna? We explain
Why are crypto markets crashing? What about luna? We explain
Market experts say two main factors are driving the recent slump in the cryptocurrency market: moves by the U.S. Federal Reserve to combat high …
Brutal Month for Bitcoin as June Ends With Biggest Drop in 11 …
Brutal Month for Bitcoin as June Ends With Biggest Drop in 11 …
Crypto markets saw heavy losses with investors increasingly worried about high inflation and Federal Reserve rate increases.
Pagaonoto is an SEO editor and cryptocurrency researcher for various publications.