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Bitcoin and the broader crypto market tumbled on Friday as investors dumped digital assets after the Federal Reserve said it would make fewer interest rate cuts in 2025 than expected.
The crypto crash wasn’t exclusive to crypto. The Dow Jones Industrial Average, a key stock index, entered a bear market in mid-June 2022. Moreover, the S&P 500 officially entered a bear market ...
The overall crypto market has fallen below $2 trillion to $1.85 trillion, having decreased by 13 per cent over the last day. Combined with losses over the previous week, bitcoin has lost nearly a ...
As has been the case with most other risk assets, Trump's willingness to fulfill a key campaign pledge and install tariffs on Mexico, Canada, and China have certainly contributed to today's ...
In the crypto market, bitcoin dropped below $50,000 (£39,000) for the first time since February, while Ethereum (ETH) saw its value fall more than $1,000 in a matter of days, down from $3,300 at ...
Broader market conditions and selloff fears have pushed down leading digital asset prices by 25%.
After a short but significant fall, both crypto's peaked on 7 November 2021 at $67,566.83 and $4,812.09, respectively. The NASDAQ would peak 12 days later on 19 November at 16,057.44. In September, Bitcoin officially became a legal tender in El Salvador with many news sources wondering what countries would be next. [43]
Republicworld.com notes that “the total crypto market cap fell from $2.6 trillion on Friday to $2.07 [trillion] on Saturday. The total market value touched $3 trillion last month, for a very ...