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Crypto Market Crash: Bitcoin Plunges Below $95,000, Ethereum Down Over 10%
Crypto Market Crash: Bitcoin Plunges Below $95,000, Ethereum Down Over 10%On December 20, 2023, the cryptocurrency market experienced a significant downturn, with major cryptocurrencies suffering substantial price drops. Bitcoin's price plunged over 6%, breaking below $95,000 to trade at $94,500, while Ethereum saw an even steeper decline, falling over 10% to $3,250
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Cryptocurrency crash drags down US-listed crypto stocks; Bitcoin plunges below $17,000, market caution prevails
Cryptocurrency crash drags down US-listed crypto stocks; Bitcoin plunges below $17,000, market caution prevailsOn December 20, 2023, the cryptocurrency market experienced a significant sell-off, with Bitcoin falling below the $17,000 mark, triggering a pre-market decline in related US stocks. Market panic spread, leading to investor apprehension and a wait-and-see approach
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Bitcoin's price plunge drags down mining stocks: Hut8, MicroStrategy among those plummeting
Bitcoin's price plunge drags down mining stocks: Hut8, MicroStrategy among those plummetingBitcoin's price recently fell below $96,000 per coin, dropping nearly 2%, triggering a collective downturn in cryptocurrency mining stocks. Among the hardest hit, Hut8 saw its share price fall over 9%, MicroStrategy over 6%, BitDigital over 5%, Riot Platforms over 4%, and Coinbase over 3%
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Fed Chair Powell's Remarks Send Markets into a Tailspin: Stocks Down, Gold Up, Crypto Volatile
Fed Chair Powell's Remarks Send Markets into a Tailspin: Stocks Down, Gold Up, Crypto VolatileEarly Friday morning, US market sentiment experienced significant volatility in response to Federal Reserve Chairman Jerome Powell's speech on Thursday. Stock and cryptocurrency markets generally declined, while spot gold bucked the trend, rising 0
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Bitcoin slides into a downtrend, bears are in control, intraday trading advice: shorting on rallies
Bitcoin slides into a downtrend, bears are in control, intraday trading advice: shorting on ralliesBitcoin continued its corrective rally yesterday, but the overall trend remains weak. Intraday prices repeatedly attempted to break through the 62,500 resistance but failed, and in the evening, prices experienced a strong pullback, erasing earlier gains gradually
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The Feast of the Chinese A-Share Market: Has the Crypto Market Cooled Down?
The Feast of the Chinese A-Share Market: Has the Crypto Market Cooled Down?Driven by stimulus policies aimed at revitalizing the sluggish economy, the Chinese A-share market has seen a dramatic surge, with the Shanghai Stock Exchange opening with a limit-up after the holidays. However, this stimulus policy has not boosted the cryptocurrency market as some expected, instead drawing investments away from it
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Is Altcoin Season Really Upon Us? Bitcoin Dominance Drops, TOTAL2 Indicator Breaks Downward Wedge
Is Altcoin Season Really Upon Us? Bitcoin Dominance Drops, TOTAL2 Indicator Breaks Downward WedgeSince September 7, the total market capitalization of altcoins has surged by almost 18%, while Bitcoin dominance has also seen a decline. This development, coupled with the trend of the TOTAL2 indicator breaking out of a downward wedge, points towards the arrival of altcoin season
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Bitcoin: Bubble or Future? A Century-long Showdown Between Digital Currency and Traditional Finance
Bitcoin: Bubble or Future? A Century-long Showdown Between Digital Currency and Traditional FinanceHave you ever thought that a "gadget" you casually ignored could turn into "digital gold" worth a fortune? Bitcoin, the virtual currency born from the internet wave, has written one wealth legend after another with its amazing rise, leaving countless controversies and reflections behind.In 2010, the price of a Bitcoin was less than a dime
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Dogecoin (DOGE) at a Crossroads: Breaking the Downtrend Line or Falling Below Support?
Dogecoin (DOGE) at a Crossroads: Breaking the Downtrend Line or Falling Below Support?Dogecoin (DOGE) is at a crucial point after encountering resistance at the $0.09149 level
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Ethereum Whales Return, ETH Price Could Break Downward Trend
Ethereum Whales Return, ETH Price Could Break Downward TrendAnalyst MichalvandePoppe says the ETH price could be on the verge of a breakout, driven by current valuations and improved macroeconomic conditions. The ETH price has been in a downtrend for over five months since the end of March, but recent bullish divergence could break the downtrend of the past months, which would have a significant impact on the entire market
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Bitcoin Drops Below $56,500, Ethereum Also Down 2%
Bitcoin Drops Below $56,500, Ethereum Also Down 2%Titanium Media App, September 11 - Bitcoin price fell 2% to $56,422; Ethereum also dropped 2% to $2,330.30
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ETH/BTC Rate Falls Below April 2021 Low, Down 44% Since the Merge
ETH/BTC Rate Falls Below April 2021 Low, Down 44% Since the MergeCryptoQuant, a crypto analytics platform, reported on social media that the ETH/BTC rate has fallen by 44% since the Ethereum Merge in September 2022. The ETH/BTC rate is currently at 0