Bitcoin’s sharp decline continues, dropping to around $18,000. The queen of cryptocurrencies is at $18,382, down 11.45% in the last 24 hours. Strongly negative performance also for Ethereum which lost 16.59% to $1,329. The collapse of cryptocurrencies continues on the day that the Binance platform made it known that it intends to buy rival Ftx […]
Tag: bitcoin
American Inflation Collapses Everything: Bitcoin, Stock Exchanges and Oil in a Dip
Disappointing inflation data in the United States, which slowed to 8.3% from 8.5% the previous month, but with a slowdown below market expectations (8.1%), bring everything down: cryptocurrencies, the stock market and oil. . Bitcoin collapses, the best-known of cryptocurrencies, is down 10% to hit a low of $20,065.8. On the same day, the New […]
Bitcoin Drops 50% Six Months After Reaching All-Time Highs
It’s been six months since bitcoin, the most well-known cryptocurrency on the market, hit its all-day high of $68,991, but has since fallen nearly 50% amid monetary policy tightening to combat high inflation. According to market data, bitcoin is trading at $31,874 this Tuesday, after hitting a low of nearly $29 thousand. Since the beginning […]