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Bitcoin’s price reached a five-month low, dipping to $49,647 at 2:25 a.m. EDT on Monday, Aug. 5. This decline is fueled by growing concerns about an impending recession, with Japan’s Nikkei experiencing its steepest daily drop since ‘Black Monday’ in 1987. Futures for the Dow, Nasdaq, and S&P 500 have also shown signs of correction, … Read more
Despite the gloomy outlook, Bitcoin could prevent more downside pressure if it manages to remain above the $51,000 mark. Go to Source
Findings from a 10x Research report reveal potential Bitcoin value drop below $50,000 amid US economic uncertainty, impacting the broader crypto market. Go to Source
Bitcoin sees a giant $30,000 crash in a week while Ethereum retreats 40% and Berkshire Hathaway’s Apple sale takes on new meaning as stocks dive worldwide. Go to Source
BTC dominance hits 58% as the cryptocurrency market suffers a 17% drop, leading to a market cap of $1.76 trillion. Go to Source
A sudden crypto market nosedive has seen over $600 million in leveraged long positions wiped out, as Bitcoin, Ether and otther cryptocurrencies tumbled sharply. Go to Source
Economist and gold advocate Peter Schiff has warned investors that a sharp drop in bitcoin’s price could trigger mass bitcoin exchange-traded fund (ETF) liquidations. “If so, brace for a Crypto Black Monday,” he cautioned. He believes that bitcoin has been in a major bear market for almost three years. Peter Schiff Warns of Sharp Decline … Read more
Bitcoin may find buyers close to $56,000, benefitting select altcoins such as SOL, XRP, KAS, and AAVE. Go to Source
The price of bitcoin (BTC) fell below the $59,000 threshold on Sunday, hitting a low of $58,080 per unit. Over the past 24 hours, bitcoin’s value has decreased by 3.5% against the U.S. dollar, and it has dropped 13% over the week. Bitcoin Slides Below $59K At 1:24 p.m. EDT on Sunday, bitcoin dropped to … Read more
BTC price weakness takes the market below $59,000 for the first time since mid-July as “relentless” Bitcoin selling pressure persists. Go to Source