Sunday, April 28, 2024
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Why Did Bitcoin’s Price (BTC) Plunge 11% in Worst Week Since FTX’s Collapse?

BTC’s price slipped below $26,000 Friday afternoon after a rally toward $27,000 – which erased some of Thursday’s sharp decline – fizzled. The largest cryptocurrency by market capitalization had plummeted to $25,392 Thursday afternoon, hitting its lowest price since mid-June, amid cascading liquidations of leveraged trading positions. Source

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Bitcoin Price (BTC) Slips to $29,150 as XRP, DOGE, DOT, MATIC Lead Altcoin Plunge

Leading the CryptoX Market Index's (CMI) 1.3% decline were altcoins such as Ripple's (XRP), Dogecoin (DOGE), Polkadot's (DOT), Polygon's (MATIC), and Uniswap's (UNI), each sporting losses of more than 4% over the past 24 hours. Outperforming were the crypto majors bitcoin (BTC) and ether (ETH), both of which managed declines

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Bitcoin gets $28K ‘plunge protection’ with BTC price due new volatility

Bitcoin (BTC) traders braced for classic volatility on July 26 as the United States Federal Reserve interest rate decision dawned.BTC/USD 1-hour chart. Source: TradingView"Let the games begin" for Bitcoin — FOMC day arrivesData from Cointelegraph Markets Pro and TradingView showed BTC price action hovering near $29,200.While barely moving since the

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