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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 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 ...
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%.
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 ...
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]
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 (£ ...