Why is Bitcoin Price Falling Sharply Today - CoinGape

Bitcoin’s (BTC) price has fallen sharply in the last hour, dropping below the $70,000 support level. The steep decline can be linked to several factors, including robust US employment data and a decrease in GameStop’s share price, which has had a negative impact on the mood in the …

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Why Is Bitcoin Price Falling Sharply Today - CoinGape

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Why Bitcoin Price Is Falling Sharply Today? - CoinGape

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May 23, 2024 · Bitcoin price has experienced a significant drop today, falling below the $67,000 mark, a stark contrast to its earlier price of around $70,000. Notably, this recent slump in …

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Sudden Bitcoin Price Plunge Sparks $3.2 Trillion Crypto Crash Fear

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1 day ago · The bitcoin price has fallen sharply over the last month, dragging down the wider crypto market and ...[+] feeding fears of a crypto crash. Forbes Digital Assets "Losing over 2% …

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Why Is Bitcoin Price Going Down Today? - CoinMarketCap

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Jul 24, 2024 · Bitcoin price moved downwards before a recovery following recent industry-related events as market sentiments flipped. The price of the asset rose 1% in the last 24 hours, …

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Bitcoin Price: Why BTC Price Is Falling Today? - CoinMarketCap

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Jan 24, 2024 · Bitcoins price has shown fluctuations since it was introduced in 2009. It reached its point in April 2021 nearing $65,000 and hit its point in March 2020 falling below $4,000. In …

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Why Is Bitcoin Price Falling Sharply Today - BEAMSTART

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Jun 7, 2024 · News Summary: Bitcoin’s (BTC) price has fallen sharply in the last hour, dropping below the $70,000 support level. The steep decline can be linked to several factors, …

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$150B Liquidated, Why Bitcoin Price Is Falling Sharply Today?

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Apr 30, 2024 · Bitcoin price fell nearly 5% from the intraday high of $64,734 after the market participants shrug off spot Bitcoin and Ether ETFs launch in Hong Kong. The selloff …

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Why Is Bitcoin Price Falling Suddenly Today? - Cryptonews.net

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Jun 28, 2024 · Why Is Bitcoin Price Falling Suddenly Today? coingape.com 28 June 2024 19:50, UTC Bitcoin’s (BTC) price is falling sharply below the $61K level after failing to maintain its …

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Why Bitcoin Price Dropped Today? When Will It Recover?

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May 1, 2024 · Bitcoin price is officially in a bear market as it is now down over 20% after falling for three consecutive days this week. Investors pulled money out of the crypto market in …

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Why Bitcoin Price Is Dropping Suddenly After Recovery To $102K?

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Jan 7, 2025 · This caused the US dollar index (DXY) to rebound sharply over 108.50, after a two-day low move that caused a recovery in Bitcoin price. Also, the 10-year Treasury yield …

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Crypto Market Crash: Reasons Why Bitcoin, ETH, XRP, DOGE

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1 day ago · Bitcoin price tumbled below the key support level of $92,000, while ETH price risks falling below $3000. This happened as whales and institutions started liquidating their …

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Why Is Bitcoin Price Falling Suddenly Today? - CoinMarketCap

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Bitcoin’s (BTC) price is falling sharply below the $61K level after failing to maintain its support above $60,000. This decline has raised concerns among analysts about a potential major …

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Bitcoin Price: Why BTC Price Is Falling Today? - CoinGape

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Jan 24, 2024 · Current Market Performance of Bitcoin Price. As of now, the Bitcoin price stands at $39,676.64, displaying a 24-hour trading volume of approximately $30 billion. Bitcoin is down …

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3 Reasons Litecoin Price Could Crash 20% This Week - CoinGape

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1 day ago · LTC Price Has Formed A Small H&S Pattern. The other reason why the Litecoin price could fall sharply this week is that it has formed a small head and shoulders pattern. This …

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FAQs about Why is Bitcoin Price Falling Sharply Today - CoinGape Coupon?

How did bitcoin's price drop affect traders?

Bitcoin’s price drop triggered these liquidations, leaving over half a million traders with losses. Whale activity provides more clues. While market sentiment suggests greed, long traders are acting cautiously. Whale data shows very few long orders around current price levels, with most large players shorting Bitcoin. ...

What happened to bitcoin?

Bitcoin initially found support on the 20-day moving average (MA) but fell below it on December 9, sparking market panic. It then dropped below the 50-day and 100-day MAs, deepening bearish sentiment. Currently, Bitcoin is trading at $96,607, down 2.90% in the past 24 hours. Trading volume has surged by 118% as more traders short the asset. ...

How much will bitcoin be worth in 2025?

With a potential surge, the Bitcoin (BTC) price may close the month with a high of $110,000. How much will 1 Bitcoin be worth in 2025? As per Coinpedia’s BTC price prediction, 1 BTC could peak at $169,046. ...

Is bitcoin a bearish trend?

Large-scale liquidations of long positions and whale shorting activity further support the bearish trend. Bitcoin is showing signs of bearish momentum, even as market sentiment reflects high levels of greed. Over the past 24 hours, the global cryptocurrency market cap has dropped by 5.44%, shrinking to $3.43 trillion. ...

Is the Federal Reserve about to trigger a bitcoin price crash?

Bitcoin has suddenly plunged under $91,000 per bitcoin, setting alarm bells ringing that the Federal Reserve could be about to trigger a bitcoin price crash. Unlock over $3,000 in NFT, web3 and crypto perks — Apply now! ...

How did bitcoin liquidation affect long traders?

Data from Coinglass reveals that $1.75 billion worth of liquidations occurred in the past 24 hours, with most losses affecting long traders. Bitcoin’s price drop triggered these liquidations, leaving over half a million traders with losses. Whale activity provides more clues. ...