crypto crash
Investors cant seem to see the bottom for these top cryptocurrencies right now. Drop is second largest in dollar terms according to Bespoke.
The Biggest Bitcoin Crashes Of The Time Now You See That This Crashes Happend Before And Will Also Happen In The Future Nothi Buy Bitcoin Bitcoin Investing
Key Facts Bitcoin fell as much as 5 to 39692 by 945 am.
. 1 day agoCrypto Crash Erases More Than 1 Trillion in Market Value. As interest in cryptocurrency has grown public officials are. In this scenario the riskiest assets in investors portfolios most likely cryptocurrencies have been the first to go.
6 hours agoCrypto Crash Takes Near Algorand and Theta More Than 20 Lower Today Look out below. The crypto price crash has now seen around 12 trillion wiped from the combined crypto market after it hit an all-time high of 3 trillion in November. ET according to crypto data website CoinGecko bringing its losses to more than 12 since the Fed warned on Wednesday it may move more.
Bitcoin the largest digital asset lost more than 12 Friday and dropped below 36000 to its lowest level since July. The crypto price crash comes some six months after the bitcoin price was hard hit by a China crypto crackdown and confidence was knocked by Tesla chief executive Elon Musk appearing to sour on. The crypto market has shed roughly 300 billion in value since Wednesday.
The bitcoin price is down almost 50 from. Now Wall Street giant Goldman Sachs GS -25. Since its peak in November it has lost over 45 of its value.
Meanwhile ethereum and other major coins have also crashed back wiping around 1 trillion in value from the crypto market since its November high. One factor that can drive investor pessimism and may lead to crypto crashing is government actions by regulators around the world. 1 day agoBenjamin Pimentel benpimentel covers crypto and fintech from San FranciscoHe has reported on many of the biggest tech stories over the past 20 years for the San Francisco Chronicle Dow Jones MarketWatch and Business Insider from the dot-com crash the rise of cloud computing social networking and AI to the impact of the Great Recession and the COVID.
Other digital currencies have suffered just as much if not more with Ether and meme coins mired in similar drawdowns.
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