Why Bitcoin Price Is Down Today? What’s Causing the Recent Drop?

Sep 30, 2024 · As the global liquidity gradually increases, Bitcoin price is expected to gradually rise in tandem. Furthermore, the upcoming US 2024 general election is expected to be a …

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Sudden Bitcoin Price Plunge Sparks $3.2 Trillion Crypto Crash Fear

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1 day ago · Now, as the Fed has been warned of a looming crisis, bitcoin and crypto traders are nervously watching for whether the combined crypto market will drop below the key $3.2 trillion …

forbes.com

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Bitcoin Price Today: Why Has The Cryptocurrency Fallen? What We …

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1 day ago · The price of Bitcoin fell today, January 13, down to $92,567.84. Early last week, the price topped $100,000 per bitcoin. Bitcoin briefly dropped below $90,000 on Monday, January …

newsweek.com

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Bitcoin Drops Below $97,000 As Treasury Yields Pressure Risk Assets

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Jan 7, 2025 · Bitcoin slumped on Tuesday as a spike in Treasury yields weighed on risk assets broadly.

cnbc.com

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What’s Causing Bitcoin Price Crash Today? - CoinGape

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Oct 21, 2024 · Why is Bitcoin Price Down Today? The BTC price today crashed by 2.50%, which can be attributed to the start of the week correction. Typically, Mondays are down days and …

coingape.com

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Why Is Bitcoin Price Dropping? Key Factors Behind The Recent …

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Dec 18, 2024 · Bitcoin’s price has taken a noticeable dip after reaching an all-time high of $108,000. The sharp drop has left many investors questioning the reasons behind this sudden …

thecurrencyanalytics.com

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Why Is Bitcoin Down Today? BTC Price Sees Sharpest Drop In 135 …

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Dec 19, 2024 · Last week, I examined whether Dogecoin has the potential to reach $10 and reviewed the latest developments surrounding Ripple and the XRP token's price movements. …

financemagnates.com

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Why Is Bitcoin Price Down Today? Key Reasons Explained

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Sep 2, 2024 · While Bitcoin was trading at $59,076 yesterday, it dropped to as low as $57,127 during the early Asian trading session today. BTC closed the week at $57,565, once again …

tradingview.com

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Why Is Crypto Down Today: Bitcoin, Tech Stocks Fall As Economic ...

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6 days ago · Bitcoin dropped to $96,909, marking an over 5% decline in the past 24 hours. The sharp correction saw over $$483.44M in long positions liquidated within just 24 hours, …

yahoo.com

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Bitcoin Slides 5%, Touches $95,000 Mark: Why Is BTC Going …

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By overlaying Bitcoin's price chart with the yield chart, he demonstrated this correlation. “When the 10-year yield tops, Bitcoin finds the bottom,” Cowen explained, adding that Bitcoin ...

msn.com

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Why Is Bitcoin Down Today — And Will It Last? - Crypto News

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6 days ago · The S&P 500 closed down 1.1% and it was even worth for the tech-heavy Nasdaq 100, which shed 1.9% of its value. Why the doom and gloom? Because America’s economy is …

cryptonews.com

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Why Is Bitcoin Going Down? BTC Price Falls To Lowest Levels Since ...

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4 days ago · Here's a table summarizing recent Bitcoin price predictions from various analysts and institutions: Source. ... with $91,000 and $80,500 providing potential floors. A drop below …

tradingview.com

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Why Is Bitcoin Price Down Today: What's Behind The $BTC Drop

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Dec 6, 2024 · Bitcoin's open interest also saw a slight drop, falling by 4.8% to $61.20 billion from $61.18 billion. The recent Bitcoin meltdown followed a period of low trading volume, despite …

coingabbar.com

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Key Reasons Behind Bitcoin Price Drop Today - CoinGape

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Sep 2, 2024 · Bitcoin Price Drops As Capital Flows Move to Stablecoins. After facing rejection at $65,000 last week, the Bitcoin price has been sliding down as the capital flows for BTC have …

coingape.com

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Why Is Bitcoin Price Down Today:What’s Behind The $BTC Crash

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Nov 26, 2024 · Bitcoin’s recent dip comes in the wake of MicroStrategy’s announcement of a $5.4 billion Bitcoin purchase, increasing its total holdings to approximately 386,500 BTC, valued at …

coingabbar.com

FAQs about Why Bitcoin Price Is Down Today? What’s Causing the Recent Drop? Coupon?

Why has bitcoin dropped below 55,000?

However, Bitcoin has dropped below $55,000. The recent decline in Bitcoin’s price is due to a hike in interest rates by central banks worldwide, geo-political tension in the Middle East, and concerns related to the US economy, which have affected investor sentiment. ...

Why did the Bitcoin price drop?

The recent Bitcoin price drop was caused by cascading liquidations in the derivatives market. This crypto-world domino effect has been in full swing over the past 24 hours, amplifying the decline. ...

Why is the bitcoin market down?

As excitement from Bitcoin’s recent rally fades, several key factors are contributing to the current downturn. These include expectations surrounding the U.S. Federal Reserve’s interest rate decision, inflation concerns, and profit-taking by short-term Bitcoin holders. Let’s explore these reasons in more detail. ...

What caused the recent downturn in Bitcoin's price?

The recent downturn in Bitcoin's price was likely driven by short-term traders taking profits ahead of the Federal Open Market Committee (FOMC) meeting on Sept. 18-19. However, the long bearish wick on the latest daily candlestick suggests bullish rejection. ...

Why is Bitcoin (BTC) down today?

Bitcoin (BTC) is continuing its downward trend today as crypto investors digest the results of the latest Federal Open Market Committee (FOMC) meeting. After the Fed held interest rates steady at the June meeting, many have lost hope for significant rate cuts before the end of the year, sending crypto down. ...

Why did bitcoin price drop after a rally?

Bitcoin price faces drop due to expected Fed rate cuts and inflation concerns. Short-term holders sell after Bitcoin’s rally, adding downward pressure on its price. Failure to hold above key resistance level could push Bitcoin toward the $95,000 support level. ...