What Triggered Bitcoin's Sharp Price Plunge? | Crypto Craft

This downward movement took place as the broader cryptocurrency market also suffered notable losses, declining from a total value of $210 billion earlier in the day to almost $180 billion by roughly 15:30 UTC (approximately 10:30 a.m. ET), according to CoinMarketCap. When …

$210
OFF

What Triggered Bitcoin's Sharp Price Plunge? | Crypto Craft

2 weeks from now

cryptocraft.com

15%
OFF

Sudden Bitcoin Price Plunge Sparks $3.2 Trillion Crypto ... - TechStory

2 weeks from now

22 hours ago · The cryptocurrency market experienced a dramatic downturn on Monday as Bitcoin's price plummeted nearly 15% within hours, dropping from $40,000 to $34,200. …

techstory.in

$1.87
OFF

Why Did Bitcoin Suddenly Crash? Key Factors Behind The BTC Plunge

2 weeks from now

6 days ago · Despite near-term headwinds, Bitcoin’s fundamentals, including a $1.87 trillion market cap and limited supply of 21 million coins, remain strong. Analysts suggest monitoring …

cryptonews.com

$93
OFF

Bitcoin Sudden Drop To $93K Wipes Out $303M Of Longs Within …

2 weeks from now

Dec 5, 2024 · Update (Dec. 6, 12:38 am UTC): This article has been updated to correct the time Bitcoin’s price plunged below $93,000. A sudden dip in the price of Bitcoin wiped out $300 …

cointelegraph.com

25%
OFF

Bitcoin’s Sudden Plunge: What Triggered The Market’s Shock?

2 weeks from now

Dec 3, 2024 · According to experts on the CME FedWatch, the odds of a rate decrease to between 4.25% and 4.50% stand at 58.9%, a sharp contrast to earlier estimates that placed …

bitperfect.pe

10%
OFF

Bitcoin Rallies After 10% Price Plunge | Crypto Craft

2 weeks from now

Jan 4, 2024 · Bitcoin prices are rallying firmly today with the market having now recovered more than 50% of yesterday’s 10% price plunge. The sharp downturn came in response to a report …

cryptocraft.com

$62000
OFF

This Is Why Bitcoin Fell Under $62,000 - BeInCrypto

2 weeks from now

Aug 3, 2024 · Bitcoin’s (BTC) attempt at a modest rally during US trading hours on Friday was swiftly quashed. The largest cryptocurrency experienced a sharp drop, falling from $65,000 to …

beincrypto.com

10%
OFF

Bitcoin Price Plunges 10% In One Day - CCN.com

2 weeks from now

Aug 5, 2024 · Why Did the Bitcoin Price Crash? Bitcoin’s downward spiral, which began on July 27, took a turn for the worse on Aug. 2, as the price’s decline accelerated. Despite initial …

ccn.com

$73500
OFF

Bitcoin Price Takes A Sharp Dip: Is This Just A Correction?

2 weeks from now

Nov 1, 2024 · Bitcoin price failed to trade to a new all-time and started a downside correction from the $73,500 resistance zone. There was a move below the $72,500 and $72,000 support …

cryptocraft.com

$3600
OFF

Here’s What Caused Bitcoin’s ‘Extreme’ Price Plunge - Forbes

2 weeks from now

Mar 19, 2020 · Bitcoin's recent crash was led by Seychelles-based bitcoin and cryptocurrency exchange BitMEX, with the bitcoin price dropping to a low of $3,600 on the exchange before it …

forbes.com

7%
OFF

Bitcoin Price Prediction: A Rebound Could Be Coming For BTC

2 weeks from now

Mar 16, 2024 · Explore the reasons behind Bitcoin's recent 8.7% price plunge from its all-time high. Delve into the impact of higher-than-expected inflation, massive liquidation events, and …

thecurrencyanalytics.com

$8900
OFF

Here’s Why Bitcoin Crashed To $8,900 On BitMEX - DailyCoin

2 weeks from now

Mar 19, 2024 · On Monday, March 18, the crypto market was stunned by a surprising and dramatic Bitcoin crash on BitMEX, plunging the asset’s price to $8900. Sponsored The dip, …

dailycoin.com

FAQs about What Triggered Bitcoin's Sharp Price Plunge? | Crypto Craft Coupon?

Why did the price of bitcoin drop so much?

Over $1 billion worth of longs was liquidated on March 12, causing one of the most intense long squeezes in the crypto market’s recent history. The main catalyst of the sudden 50% decline in the price of Bitcoin within a span of eight hours was the 9.99% drop of the Dow Jones Industrial Average. ...

Why did the bitcoin price crash?

This represented a steady inflow of capital from accredited and institutional investors in Bitcoin. The Bitcoin price crashed down into the $3,000s because of the highly leveraged nature of the cryptocurrency market and the unwillingness of buyers to step in amid extreme volatility and uncertainty. ...

Why did the price of bitcoin drop 50% in 8 hours?

The main catalyst of the sudden 50% decline in the price of Bitcoin within a span of eight hours was the 9.99% drop of the Dow Jones Industrial Average. The United States stock market experienced its worst sell-off since 1987, as panic over the coronavirus pandemic intensified to unprecedented levels. ...

What caused the crypto market to tumble below \$1 trillion?

The crypto market tumbled below $1 trillion on Monday, down from a peak of close to $3 trillion just seven months ago. The latest collapse came as yet another major crypto platform suffered operational issues that prevented customers from accessing their funds. ...

Are Bitcoin and cryptocurrencies correlated with the stock market?

In the past seven days, Bitcoin and cryptocurrencies in general have shown a high level of correlation with the U.S. stock market, possibly due to the overall drop in investor appetite for high-risk assets. ...

What is the market capitalization of bitcoin?

Bitcoin’s market capitalization was $1.92 trillion at the time of publication. It came only a day after Bitcoin breached the $100,000 price level for the first time and reached an all-time high of about $104,000. Related: 4 new BTC price targets see Bitcoin over $124K by New Year ...