Tuesday, 8 November 2022

Bitcoin Plunges to Lowest Level in Two Weeks. Blame Warring Crypto Billionaires. – Barron’s

Bitcoin and other digital assets tumbled Tuesday amid fears that a face-off between two of the most influential figures in crypto could lead to trouble at the exchange FTX and wider market contagion.

The price of Bitcoin has fallen 5% over the past 24 hours to $19,700, having dropped below $19,500 in the trough of recent selling. The largest cryptocurrency is now at its lowest level in two weeks and has given up gains that had propelled Bitcoin up above $21,500 in recent days as traders hoped the token had notched a bottom in this bear market.



from Bitcoin – My Blog https://ift.tt/dWDj92a
via IFTTT
https://images.barrons.com/im-405914/social
https://stockinvesthub.blogspot.com/2022/11/bitcoin-plunges-to-lowest-level-in-two.html

No comments:

Post a Comment

‘There is no such thing as a such factor as a free lunch.’ 4 classes for crypto traders from the FTX collapse – CNBC

Bahamas-based crypto alternate FTX filed for chapter within the U.S. on Nov. 11, 2022, searching for courtroom safety because it appears ...