why did the price of cryptocurrency drop

Last Updated on March 25, 2024 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

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 …

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%.

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

What Does This Price Drop Mean for Crypto Investors?

Bitcoin's Price Rises Above $24,000 Amid Mixed Economic …

Bitcoin’s price rose above $24,000 on Monday, though the overall macro economic outlook remains mixed and the crypto market is subdued.

Bitcoin price drops back below $20,000 – CNN

Bitcoin had dropped on Saturday to as low as $17,592.78, falling below $20,000 for the first time since December 2020. It has lost almost …

Brutal Month for Bitcoin as June Ends With Biggest Drop in 11 …

Investor fears over steep U.S. Federal Reserve interest rate hikes were a key catalyst in bitcoin’s price plunge as the Labor Department on June …

Why Is Bitcoin's Price Dropping? – Investopedia

1 Bitcoin’s price drop from more than $68,000 to current levels just above $37,000 is equivalent to the cryptocurrency losing nearly half its …

Bitcoin news today, Bitcoin price, Bitcoin share price

Crypto Price Today: Bitcoin hovers near $24,000; BNB, Polkadot, Uniswap drop up to 2%. The global cryptocurrency market cap was trading marginally down at …

Paganoto

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