Last Updated on February 2, 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
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 …
Here's Why Bitcoin and Other Cryptocurrencies Keep Crashing
Here's Why Bitcoin and Other Cryptocurrencies Keep Crashing
Bitcoin took a brutal fall on Monday, briefly dipping below $30,000 for the first time since July 2021. The world’s largest cryptocurrency …
Bitcoin price dropped below $17,800 as sell-off accelerates
Bitcoin price dropped below $17,800 as sell-off accelerates
Bitcoin plunged to about $17,749 and ether fell to about $897 at around 4:15 E.T. on Saturday afternoon, as the sell-off in the crypto market …
Bitcoin crash: what's behind crypto collapse? – The Times
Bitcoin crash: what's behind crypto collapse? – The Times
The slump in June 2022 was triggered by Celsius Network, a major US cryptocurrency lending company, after it froze withdrawals and transfers, …
Crypto crash: Why has cryptocurrency dropped?
Crypto crash: Why has cryptocurrency dropped?
Therefore, there will not only be selling pressure and weakness in the crypto market but also in the financial markets more generally.
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 …
Cryptocurrencies Melt Down in a 'Perfect Storm' of Fear and …
Cryptocurrencies Melt Down in a 'Perfect Storm' of Fear and …
The fall in cryptocurrencies is part of a broader pullback from risky assets, spurred by rising interest rates, inflation and economic …
Pagaonoto is an SEO editor and cryptocurrency researcher for various publications.