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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 ...
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 ...
Crypto markets crash after epic rally, sending Bitcoin back below $100,000. Catherine McGrath. December 20, 2024 at 2:02 PM. Bitcoin hit $100,000 for the first time on Dec. 5. ... In Other News.
This would cause a major crypto correction,” Hughes added. The Market Cycle Clem Chambers, CEO of Online Blockchain , said, “Bitcoin has been driven by market sentiment, the halving event and ...
Bitcoin is experiencing its worst price crash since 2022, falling more than 10 per cent on Monday morning to hit a six month low. The world’s leading cryptocurrency dropped below $50,000 (£ ...
Following a smaller correction in February, Bitcoin plunged from its peak above $64,000 on 14 April to below $49,000 on 23 April, representing a 23% mini-crash in less than 10 days, dipping below the March bottom trading range and wiping half a trillion dollars from the combined crypto total current value.
The market reaction came after major crypto lender Celsius Network posted on its website: “Due to extreme market conditions, today we are announcing that Celsius is pausing all withdrawals, Swap ...
The crash was triggered by a multimillion-dollar selling order which brought the price down, from $317.81 to $224.48, and caused the following flood of 800 stop-loss and margin funding liquidation orders, crashing the market.