Bitcoin Tumbles Below $59K Amid Inflation Worry, Regulatory …

Oct 10, 2024  · At $59,000, the price has returned to levels not seen since the U.S. Federal Reserve unexpectedly slashed its benchmark interest rate by 50 basis points in mid-September.


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Bitcoin Tumbles Below $59K Amid Inflation Worry, Regulatory …

2 weeks from now

Oct 10, 2024  · At $59,000, the price has returned to levels not seen since the U.S. Federal Reserve unexpectedly slashed its benchmark interest rate by 50 basis points in mid-September.

businessinsider.com

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Bitcoin Drops Below $59,000 Amid Mt. Gox Payout Concerns, US …

2 weeks from now

Jul 4, 2024  · The price of bitcoin fell 3% to trade under $59,000. Experts pointed to the impending Mt. Gox payout and uncertainties in the U.S. economy. Bitcoin's value dipped below $59,000 …

theblock.co

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Bitcoin Drops Below $58K, Causing Worry Among Investors

2 weeks from now

Jul 4, 2024  · If Bitcoin’s price goes below $57,590, it could lead to even more selling .In short, Bitcoin’s drop below $59,000 has made investors worried. The upcoming Mt. Gox repayments …

nasdaq.com

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Bitcoin Dips Below $59,000 As Market Sentiment Fluctuates

2 weeks from now

Aug 31, 2024  · Bitcoin briefly drops below $59,000 while Ethereum faces downward pressure. Market sentiment is fluctuating, with concerns about inflation and funding rates influencing …

thecurrencyanalytics.com

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Bitcoin Price Drops To $59,000 After A Brutal Weekend - Quartz

2 weeks from now

Aug 12, 2024  · Bitcoin is all the way down to $59,000 after a brutal weekend ... Bitcoin is below $60,000 again as an incoming ... Both pieces of news signaled to investors that attempts to …

qz.com

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Bitcoin Dips Below $59,000 As Inflation Fears Rattle Investors

2 weeks from now

Oct 11, 2024  · Bitcoin Dips Below $59,000 as Inflation Fears Rattle Investors. Crypto News. Bitcoin Dips Below $59,000 as Inflation Fears Rattle Investors. BTC. 0 likes | 0 shared. See …

coinmarketcap.com

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Bitcoin Dips Below $94K As Inflation Fears And Rate Uncertainty …

2 weeks from now

Jan 8, 2025  · The cryptocurrency market has plummeted due to strong US economic data suggesting slower interest rate cuts, causing Bitcoins price to fall below 93,000 and unsettling …

wickie.io

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Bitcoin Surges To $59K As U.S. Inflation Takes Unexpected Dip

2 weeks from now

Jul 11, 2024  · Bitcoin’s jump to over $59,000 right after the CPI report can be traced back to how investors read the situation. The drop in inflation hinted that the Federal Reserve might keep …

nasdaq.com

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Bitcoin Falls Below $93,000 As Inflation Jitters Rattle ... - Decrypt

2 weeks from now

Jan 8, 2025  · The price of Bitcoin briefly dipped below $93,000 earlier Wednesday, per data from CoinGecko, facing pressure after a series of macroeconomic data points sparked inflation …

decrypt.co

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Bitcoin Tumbles Below $59K Amid Inflation Worry, Regulatory …

2 weeks from now

Bitcoin's value experienced a significant decline, falling under the $59,000 mark. This drop is attributed to growing apprehensions among investors about escalating inflation and potential …

blockchair.com

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Bitcoin Drops To $91,000 Amid Inflation Data Concerns; Dow

2 weeks from now

2 days ago  · Bitcoin Drops To $91,000 Amid Inflation Data Concerns; Dow Sheds 700 Points After Jobs Report, Sentiment Worsens; Greed Index Stays In 'Fear' Zone; Quantum Computing …

benzinga.com

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Bitcoin Price Plunges Below $95,000 After Hitting Records - Quartz

2 weeks from now

Dec 20, 2024  · Bitcoin sunk below $92,000 early Friday before recovering some ground, on the heels of the Federal Reserve signaling a slowdown in interest rate cuts for 2025. AI investors …

qz.com

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Bitcoin Dips Below $55,000 As Macro Uncertainty, Geopolitical

2 weeks from now

Aug 5, 2024  · A combination of factors is fueling the crypto market’s nose dive to three-week lows as Bitcoin dropped below $60,000 on Sunday for the first time since July 13, analysts say.. …

decrypt.co

FAQs about Bitcoin Tumbles Below $59K Amid Inflation Worry, Regulatory … Coupon?

Why is bitcoin down 15%?

Bitcoin is now down 15% from its $108,000 all-time high hit last month, part of a wider slump also engulfing bond and equity markets tied to vanishing hopes for further interest rate cuts in the face of strong U.S. economic data and heightened inflation risks leading investors to move away from riskier assets. ...

Why are Bitcoin prices so high?

In its 15-year history, bitcoin prices have tended to suffer during high-rate environments and pop as rates go down. Bitcoin is still up about 35% since Election Day as money flowed into the digital asset following the win of President-elect Donald Trump, a one-time bitcoin skeptic who embraced crypto on the campaign trail. ...

Is bitcoin's price near a bottom?

According to data from CryptoQuant, Bitcoin’s price is “near a bottom,” with an analyst for the on-chain analytics firm noting that, “Historically, these lower Hash Price periods have coincided with Bitcoin price bottoms.” ...

How has Bitcoin BTC changed over the past 24 hours?

In mid-afternoon U.S. trading, bitcoin { {BTC}} was lower by about 4% over the past 24 hours. At $59,000, the price has returned to levels not seen since the U.S. Federal Reserve unexpectedly slashed its benchmark interest rate by 50 basis points in mid-September. ...

Is the funding rate for bitcoin a bullish bias?

Meanwhile, OI-weighted funding rate data from Coinglass reveals a bullish bias among traders in the derivatives market as the funding rate for Bitcoin is positive. ...

Why did bitcoin drop Monday?

Bitcoin slipped Monday to its lowest level since mid-November, a dip coinciding with a broader stagnation across asset classes in recent weeks, as one of the cryptocurrency’s top critics tore into bitcoin once again. Still up 25% since Election Day, bitcoin is a part of a major slump across asset classes in recent ... [+] ...

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