The selloff reflects bitcoin’s built-in volatility and market misreads of Fed policy, not structural weakness, aruged Bode. www.coindesk.com
Plunge
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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 …
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Markets
Tom Lee Calls Monday's Market Plunge a Great Buying Opportunity After AI, Crypto-Led Rout
by shayaanby shayaanTom Lee, head of Fundstrat Research, discussed Monday’s market sell-off as an “overreaction”. On CNBC, Lee said that the double-digit drawdown in …
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Mining
Bitcoin Mining Stocks With AI Ambition Battered 20%-30% Lower as Nvidia’s Plunge Grips Crypto
by shayaanby shayaanBitcoin (BTC) managed a minor bounce of its worst levels of the day, but the bitcoin mining stocks were unable to reverse …
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The cryptocurrency market continues experiencing a bearish action with top tokens losing significant valuation in their respective portfolios. Reportedly, top cryptocurrencies are …
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Analysis
‘It Could Get Ugly’: Analyst Says Bitcoin Could Lose Major Support Level and Plunge Lower – Here Are His Targets
by shayaanby shayaanA widely followed cryptocurrency trader is warning that Bitcoin (BTC) may suddenly collapse if it loses a key support level. The trader …