Bitcoin price

2024 - 8 - 4

Crypto Chaos: Bitcoin Prices Plummet & Ether Takes a Nosedive - Are We Headed for Recession?

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🚨Crypto Chaos Alert! Bitcoin and Ethereum plunge to their lowest in months. What's behind this dramatic downturn? Dive in now! 💸📉

In a shocking turn of events, Bitcoin has plummeted to a six-month low, dragging the entire cryptocurrency market down with it. The price of Bitcoin tumbled 15% to a staggering low of $49,000 on Binance. Ether, the second-largest cryptocurrency, hasn’t fared much better, experiencing its worst drop since 2021. Cryptocurrency enthusiasts and investors alike are left wondering if this is the beginning of a prolonged bearish trend or just a temporary setback.

Amid mounting recession fears and a drop in the stock market that began on August 2, the crypto market went into a freefall. The popular carry trading strategy, where traders profit from price discrepancies between markets, took a heavy hit. This

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Image courtesy of "Fortune"

Bitcoin price plunges and ether has worst drop since 2021 (Fortune)

Bitcoin price plunges and ether has worst drop since 2021 ... Bitcoin price chart showing a decline in the price of BTC on August 5, 2024. Bitcoin dipped briefly ...

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Image courtesy of "Coindesk"

Bitcoin Price Crash to $50K Dashes Carry Traders' Hopes (Coindesk)

Carry trading, a popular strategy from the first quarter, involves profiting from pricing discrepancies between two markets.

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Image courtesy of "Forbes"

$500 Billion 'Panic Rush For Liquidity'—Price Of Bitcoin, Ethereump ... (Forbes)

As stock markets dipped on August 2 due to recession fears, crypto went into a downright freefall. Since Friday's downturn, the crypto market has experienced ...

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Image courtesy of "The Independent"

Bitcoin price in free fall as crypto market crashes (The Independent)

Hundreds of billions wiped from cryptocurrency market as Ethereum, Solana and Cardano all suffer.

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Image courtesy of "newsbtc.com"

Bitcoin Price Crashes To $49000: Key Reasons Explained (newsbtc.com)

The crypto market has witnessed a severe downturn, with the Bitcoin price tumbling down 15% to a low of $49000 on Binance. Here's why!

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Image courtesy of "Reuters"

Bitcoin, ether sink to multi-month lows as recession worries take hold (Reuters)

Bitcoin and ether tumbled on Monday to multi-month lows as worries over a possible U.S. recession in the wake of soft data gripped financial markets and ...

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Image courtesy of "CCN.com"

Bitcoin Price Plunges 10% in One Day - Analyzing Causes and ... (CCN.com)

It was the biggest daily BTC price decline since November 2022. Will Bitcoin reverse quickly after this drop, or has it started a bearish trend? Bitcoin's ...

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Image courtesy of "Investor's Business Daily"

Bitcoin Price Tumbles To Six-Month Low, Cryptocurrency Markets ... (Investor's Business Daily)

Bitcoin price unraveled 17% by early Monday, ethereum turns negative on the year. Cryptocurrencies sell off amid market downturn.

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Image courtesy of "Fast Company"

Why is BTC down? Bitcoin price plummets as stock markets react to ... (Fast Company)

The world's leading cryptocurrency has lost 15% of its value over the past 24 hours.

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Image courtesy of "CNBC"

Bitcoin drops below $50000 for the first time since February (CNBC)

Crypto stocks Coinbase and MicroStrategy were among the hardest hit in premarket trading. Ether erased its year-to-date gain. In this article.

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Image courtesy of "The Independent"

Bitcoin price crash: Why is crypto market collapsing? (The Independent)

'Panic has swept across cryptocurrency markets,' says one analyst.

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Image courtesy of "DL News"

How Japan is triggering the crypto market selloff — and why ... (DL News)

BitMEX co-founder Arthur Hayes is betting on more US money printing in response to Japanese rate hikes.

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Image courtesy of "Investing.com"

Bitcoin price today: tumbles to $50k as recession fears spark crypto ... (Investing.com)

The world's biggest cryptocurrency slid tracking steep losses in equity markets since Friday, as a swathe of weak economic readings from the U.S. pushed up ...

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Image courtesy of "Investopedia"

Bitcoin Price Briefly Crashes Below $50K, Crypto Liquidations Hit $1B (Investopedia)

Bitcoin briefly plummeted below $50000 Monday as U.S. economic fears spread the market rout beyond stocks, leading to about $1.2 billion in crypto ...

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Image courtesy of "Quartz"

Bitcoin plunges from $70000 to $50000 in just a week. Here's what ... (Quartz)

Ether dropped 22% in a single day, as spot Ether ETFs are witnessing substantial outflows.

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