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Will latest drop stop bitcoin's fevered rally? RT's Boom Bust finds out
11 days ago - By RT
After nearly doubling in value this year alone, bitcoin took a hit this week, falling around 10 percent to under $50,000 over the last 24 hours.
RT's Boom Bust is joined by Ben Swann to discuss what's next for the cryptocurrency whose market value increased nearly 400 percent in 2020.
Although bitcoin's price was significantly boosted by Tesla's decision to buy $1.5 billion worth of the asset, the surge of the world's most valued digital currency was impacted by a wide range of additional factors, according to Swann.
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Read more ...Bitcoin briefly falls as much as 17% to under $45,000, as inflation fears rattle cryptocurrencies and tech stocks
11 days ago - By Business Insider
Summary List Placement
The bitcoin price slumped to below $46,000 on Tuesday as the cryptocurrency sell-off continued.
Other cryptocurrencies such as ether and XRP also plunged as cash fled the market.
Investors have second-guessed the recent market rally, with tech stocks also tumbling.
Sign up here for our daily newsletter, 10 Things Before the Opening Bell .
The bitcoin price tumbled for a second straight day on Tuesday, briefly plunging below $46,000 before regaining some ground, as investors second-guessed the recent market rally.
Bitcoin stood at $49,179 at 7.55 am ET on Tuesday...
Read more ...Bitcoin briefly falls as much as 17% to under $46,000, as inflation fears rattle cryptocurrencies and tech stocks
11 days ago - By Business Insider
Bitcoin tumbled on Monday and slumped again on Tuesday morning.
R.Tsubin/Getty Images
The bitcoin price slumped to below $46,000 on Tuesday as the cryptocurrency sell-off continued. Other cryptocurrencies such as ether and XRP also plunged as cash fled the market. Investors have second-guessed the recent market rally, with tech stocks also tumbling. Sign up here for our daily newsletter, 10 Things Before the Opening Bell. The bitcoin price tumbled for a second straight day on Tuesday, briefly plunging below $46,000 before regaining some ground, as investors second-guessed the recent market...
Read more ...Bitcoin plunges 16% in 24 hours: Two people may be the reason why
12 days ago - By Fast Company
Though one bitcoin is worth around $46,000 now-down from an all-time high of $58,000 a few days ago-bitcoin is still up 60% YTD.
It's been a rough 24 hours for bitcoin traders. The cryptocurrency has plunged 16% from its all-time high in just one day, falling from $58,000 on Sunday to just over $46,000 as of the time of this writing.
Read more ...Bitcoin slides another 16%, falling below $50,000
12 days ago - By CNBC
Bitcoin plunged 16% in the last 24 hours, sinking below $50,000 to trade as low as $45,389.
Read more ...
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