The Independent on MSN
Bitcoin price in freefall, weeks after hitting all-time high
Bitcoin price in freefall, weeks after hitting all-time high - More than $1 trillion has been wiped from the crypto market.
Bitcoin price has fallen nearly 30% from its early October peak near $126,000, trading in the $92,000–$95,000 range as investors weigh Fed uncertainty and missing economic data.
Bitcoin prices were below $94,000 on Monday, while questions mount about whether the market has already hit its cycle high.
Crypto markets extended their retreat today as the Bitcoin price hovered near a seven-month low at $88,890 — down 4% on the day and trading near the bottom of its weekly range.
Bitcoin has erased its Tuesday bounce and resumed its slide, as one analyst eyes $84,000–$86,000 as potential local bottom.
Anand is a Senior Reporter at TheStreet Crypto, covering the latest trends shaping the crypto economy. He has a keen interest ...
Bitcoin sinks to a seven-month low as $115M longs liquidate and fading rate-cut odds spark fears of a deeper drop.
Bitcoin's price has dropped by thousands since last month, a reminder that the most popular cryptocurrency's value is highly unpredictable and very volatile.
Legit on MSN
Why investors turning away from bitcoin?
The value of bitcoin has fallen sharply since reaching record heights last month, briefly falling below $90,000 on Tuesday ...
Bitcoin’s second drop below $100,000 in one week triggered alarms. It now trades under the 365-day moving average, a level ...
BlackRock's spot bitcoin ETF, IBIT, has seen a record net outflow of $1.26 billion this month. The cost of put options, used ...
Bitcoin (down 12.4%) has led a broader decline for crypto prices over the last seven days: Ethereum prices have dropped 18%, XRP fell 16.9%, BNB is down 19.2%, Solana has fallen 22.5% and the meme ...
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