Topline Bitcoin fell to a two-year low and the crypto market slid after a shocking run on billionaire Sam Bankman-Fried’s FTX cryptocurrency exchange and subsequent pact for an acquisition from rival ...
Tag: crypto prices
Ether plummets 20%, trading below $1,500: This week in markets
Crypto markets were roiled by inflation data from the U.S. on Tuesday and Ethereum’s successful Merge on Thursday did nothing for prices. Bitcoin was down 8.49% at $19,832 over the past week, wh...
Bitcoin falls below $21,000, ether plunges more than 7%: Today in markets
The crypto market was in the red on Friday, in line with broader financial markets. Bitcoin is down over 4% in the past 24 hours, trading at $20,689 at the time of writing, Coinbase data show. Elsew...
Bitcoin traders hit by $210 million of long liquidations on Friday
Traders going long on bitcoin were hit by $210 million in liquidations on Friday as the crypto market dropped. It was the biggest liquidation event since June, when the market collapsed in the wake of...
Bitcoin fluctuates as Federal Reserve raises key interest rate by 75 basis points
The US Federal Reserve has raised the US federal funds rate to 2.5%, an increase of 75 basis points. Wednesday’s decision was largely expected, with the market pricing in a rise of 75 basis points ah...
Major Cryptocurrencies—Including Bitcoin, Ethereum—Plummet After Fed Minutes Signal Looming Interest Rate Hikes
Topline The value of bitcoin, ethereum and other major cryptocurrencies plummeted Thursday after minutes from the Federal Reserve’s latest meeting signaled a possible shift towards more aggressive act...