why did bitcoin drop may

Last Updated on October 16, 2023 by Paganoto

Sudden crypto market drop sends bitcoin below $22,000

Sudden crypto market drop sends bitcoin below $22,000

Bitcoin plunged from $22,738 to below $21,12.34 at 4:00 p.m. ET, according to CoinDesk data. Earlier in the morning, the cryptocurrency …

Bitcoin (BTC) drops below $36,000 amid broader market sell-off

Bitcoin (BTC) drops below $36,000 amid broader market sell-off

Bitcoin lost a key level when it fell below $37,500, which could indicates a move lower over the next few days, according to Vijay Ayyar, vice …

Why Is Bitcoin Down Today? – Forbes

Why Is Bitcoin Down Today? – Forbes

BTC began trading lower from the $28,000 to $32,000 range that it held in mid-May falling to a 52-week low on June 18, when Bitcoin bottomed …

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

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

Bitcoin’s price fell closer to $21,000 on Friday as crypto volatility remains depressed. Bitcoin recently saw significant gains after the Federal Reserve …

Here's Why Bitcoin and Other Cryptocurrencies Keep Crashing

Here's Why Bitcoin and Other Cryptocurrencies Keep Crashing

The current slide of Bitcoin and other cryptocurrencies is being caused by a combination of short-term and long-term factors.

Bitcoin drops as Wall Street shares tumble – Reuters

Bitcoin drops as Wall Street shares tumble – Reuters

HONG KONG/LONDON/NEW YORK, May 9 (Reuters) – Bitcoin plunged to its lowest level since July 2021 on Monday, dropping in tandem with slumping …

Bitcoin Price (BTCUSD) May Still Be Primed … – Bloomberg.com

Bitcoin Price (BTCUSD) May Still Be Primed … – Bloomberg.com

Rising interest rates around the world have triggered a selloff in risk assets this year, sending Bitcoin down 34% since Dec. 31.

Bitcoin Hints at a Bottom, But It May Be Different This Time

Bitcoin Hints at a Bottom, But It May Be Different This Time

“Unlike in 2018, when the demand for Bitcoin did drop during that price crash, there are no signs of adoption slowing today,” he said. “Despite …

Bitcoin Plunges Most in 2 Months Amid Stock Market Sell-off

Bitcoin Plunges Most in 2 Months Amid Stock Market Sell-off

Bitcoin dropped more than 7% on Thursday. The decline was in line with a broad fall in the prices of stocks and bonds.

5 Reasons Why Is Bitcoin Price Crashing? [ Updated ] – Zipmex

5 Reasons Why Is Bitcoin Price Crashing? [ Updated ] – Zipmex

A public figure’s post or tweet on social media might push a cryptocurrency price down. For example, Elon Musk tweeted on 13 May 2022 that Tesla …