Bitcoin

2022 - 6 - 13

Bitcoin drops 10% falling below $25000 as $150 billion wiped off ... (CNBC)

Factors including rampant inflation and an imminent interest rate hike from the U.S. Federal Reserve, along with an issue at Celsius, are behind the ...

Users then get yield as a result of the revenue Celsius earns. Celsius, which claims to have 1.7 million customers, advertises to its users that they can get a yield of 18% through the platform. "Since Nov 2021, sentiment has changed drastically given the Fed rate hikes and inflation management. Ayyar noted that in previous bear markets, bitcoin had dropped around 80% from its last record high. Bitcoin and other cryptocurrencies have tended to correlate with stocks and other risk assets. The cryptocurrency market capitalization fell below $1 trillion on Monday for the first time since February 2021, according to data from CoinMarketCap.

Bitcoin dips to lowest levels since 2020, tumbles under $25000 (FRANCE 24)

Bitcoin tumbled Monday to an 18-month low under $25000 as investors shunned risky assets in the face of a global markets selloff.

Bitcoin Tumbles to 18-Month Low as US Inflation Impact Spreads (Bloomberg)

Bitcoin plunged to the lowest in about 18 months in Asia trading Monday as the impact of Friday's shock US inflation data continued to reverberate through ...

The MVIS CryptoCompare Digital Assets 100 Index, which measures 100 of the top tokens, dropped as much as 17%. And the total market value, which topped $3 trillion in November, dropped below $1 trillion as of 10:54 a.m. New York time on Monday, according to CoinGecko. Bitcoin plunged to the lowest in about 18 months after the freezing of withdrawals by the Celsius lending platform added to concern that systemic risk in the crypto ecosystem will accelerate the digital-asset market meltdown. The world’s largest digital token tumbled as much as 17% to $22,603 -- its lowest since December 2020.

Bitcoin price crashes amid 'extreme market conditions' (The Independent)

Cryptocurrency market falls below $1 trillion, as crypto lender Celsius pauses operations.

Start your Independent Premium subscription today. The reasons for this are varied, but much of it comes down to institutional holders, which calibrate their risk assets in similar ways, be they tech stocks or bitcoin.” By clicking ‘Register’ you confirm that your data has been entered correctly and you have read and agree to our Terms of use, Cookie policy and Privacy notice.

Bitcoin drops to lowest level since December 2020 (Evening Standard)

Almost $80 billion has been wiped off the value of the global cryptocurrency market in the past 24 hours.

Almost $80 billion has been wiped off the value of the global cryptocurrency market in the past 24 hours, according to data from CoinMarketCap. Almost $80 billion has been wiped off the value of the global cryptocurrency market in the past 24 hours Bitcoin dropped 7.6% over the past 24 hours to hit £20,643 and has lost 59% of its value since peaking about £50,000 in November 2021.

Crypto crash 2022: Celsius, Bitcoin, Ethereum, Luna market price ... (NationalWorld)

Crypto crash 2022: Celsius, Bitcoin, Ethereum, Luna market price down, why are cryptocurrency prices crashing? 'The value of crypto is just based on what one ...

The value of crypto is just based on what one person decides how much another person will pay for it.” The value of companies is based on how well they make great products. - XRP (XRP) -7.76% (£0.26) - Celsius (CEL) -53.31% (£0.15) - Polkadot (DOT) -11.52% (£5.53) - BNB (BNB) -9.00% (£190.23) - Dogecoin (DOGE) -13.22% (£0.0466) - Solana (SOL) -16.31% (£22.47) - Cardano (ADA) -12.76% (£0.37) - Tether (USDT) +0.55% (£0.82) - Ethereum (ETH) -12.20% (£1,047.41) - Bitcoin (BTC) -9.52% (£20,286.78)