According to the CME Group FedWatch Tool, there is now a 99.5% probability that the Federal Reserve will keep interest rates unchanged, …
Plunge
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Finance
Asian Markets Plunge as Iran War Enters Fourth Week, Hormuz Deadline Looms
by shayaanby shayaanAsian stock markets suffered sharp losses Monday as the US-Iran war entered its fourth week with no sign of de-escalation, while a …
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The price of Bitcoin rapidly fell overnight as the United States and Israel began joint “major combat operations” in Iran, bombing numerous …
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Markets
Bitcoin tumbles back near last week's lows as AI fears crush tech and precious metals plunge
by shayaanby shayaanThe strong correlation between crypto and the software sector reasserted itself on Wednesday www.coindesk.com
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Markets
Bitcoin’s 50% plunge isn’t a crisis, says hedge fund veteran Gary Bode
by shayaanby shayaanThe selloff reflects bitcoin’s built-in volatility and market misreads of Fed policy, not structural weakness, aruged Bode. www.coindesk.com
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DeFi
Coinbase’s Crypto-Backed Loans Notch Record Liquidations Amid Bitcoin, Ethereum Plunge
by shayaanby shayaanCoinbase customers are experiencing pain in new ways as Bitcoin and Ethereum tumble, with losses piling up for thousands of users through …
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Markets
‘Big Short’ investor Michael Burry warns bitcoin plunge could trigger $1 billion gold, silver sell-off
by shayaanby shayaanBurry said crypto losses may have forced institutions to liquidate precious metals as bitcoin slid below $73,000. www.coindesk.com
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Ahead of the US inflation report, Bitcoin’s price is experiencing a bearish correction. This drop is triggered by significant sell-offs among investors, …
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Markets
Trader Issues Ethereum Alert, Says ETH Could Plunge 39% if Major Support Level Fails – Here Are His Targets
by shayaanby shayaanCrypto trader and analyst Ali Martinez says Ethereum (ETH) is dangerously close to a major support level. Martinez tells his 123,000 followers …
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Analysis
Dogecoin (DOGE) Price is Primed for a Breakdown Below $0.3, May Trigger a 30% Plunge
by shayaanby shayaanThe Dogecoin price has manifested acute strength in the past few years after hitting rock bottom levels during the bear market. The …