why is bitcoin in a slump

Last Updated on September 4, 2023 by Paganoto

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 inflation and stabilize markets, and the implosion of terraUSD, a type of so-called stablecoin.May 13, 2022

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

Even the biggest crypto boosters will tell you that success in the crypto world is far from guaranteed. Its volatility is part of its very …

Why is Bitcoin in a slump? Here's how $126 billion in crypto …

Why is Bitcoin in a slump? Here's how $126 billion in crypto …

The slide could continue further, experts warn. … More than $128 billion in cryptocurrency market capitalization was wiped off in a matter of …

Bitcoin Hovers Near $21K as Investors Look to Avoid Another …

Bitcoin Hovers Near $21K as Investors Look to Avoid Another …

Bitcoin Hovers Near $21K as Investors Look to Avoid Another Weekend Slump · Analysts are questioning whether BTC will be able to remain above the …

Bitcoin value slumps below $20000 in cryptocurrencies turmoil

Bitcoin value slumps below $20000 in cryptocurrencies turmoil

The price of bitcoin has fallen below $20,000 (£16,400) amid deepening turmoil in the cryptocurrency market. The cornerstone digital asset …

Bitcoin Prices Slump Below $20,000 Again. Why … – Barron's

Bitcoin Prices Slump Below $20,000 Again. Why … – Barron's

The price of Bitcoin fell 5% over the past 24 hours, plunging through the key $20,000 level and hovering around $19,500. The largest crypto made …

Bitcoin stabilizes after heavy losses but pessimism reigns in …

Bitcoin stabilizes after heavy losses but pessimism reigns in …

The world’s largest cryptocurrency fell 15% on Monday, its sharpest one-day drop since March 2020. It has shed about half its value this year …

Bitcoin slumps below $23000; crypto market value slips below …

Bitcoin slumps below $23000; crypto market value slips below …

Bitcoin has now tanked by 66 percent since striking a record peak $68,991.85 last November. Synopsis. The world’s most popular crypto asset also …

What's Behind the Latest Cryptocurrency Price Slump?

What's Behind the Latest Cryptocurrency Price Slump?

It’s also entirely possible that the recent price slump is simply due to natural shifts in the digital currency market. Ironically, some analysts had predicted …