Last Updated on May 13, 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
What Does This Price Drop Mean for Crypto Investors?
Crypto crash: Why has cryptocurrency dropped?
Crypto crash: Why has cryptocurrency dropped?
It was born out of the 2008 financial crisis – a crisis caused by reckless institutional leverage, illiquid assets, and severe counterparty risk …
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 …
Why is Bitcoin Crashing? See Why Celsius Paused Withdrawals
Why is Bitcoin Crashing? See Why Celsius Paused Withdrawals
The drop in the crypto market follows the massive rise in inflation that has plagued Americans across the country. The U.S Federal Reserve is anticipating …
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.
The reasons behind the crashing crypto market – The Hindu
The reasons behind the crashing crypto market – The Hindu
As central banks withdraw liquidity from the market, there’s less money chasing assets, which in turn causes the prices of assets to drop.
Pagaonoto is an SEO editor and cryptocurrency researcher for various publications.