Bitcoin Dips to $42.4K as Fed’s Powell Pours Cold Water on March Rate Cut
Bitcoin dipped to $42,300, while crypto majors ETH, ADA, DOT fell 3%-4% with Solana’s SOL tumbling over 6%.
Market Wrap
Bitcoin Plunges Below $41K as ‘Sell the Bitcoin ETF News’ Wins the Day
Despite sizable net inflows into the new spot ETFs, bitcoin is lower by more than 12% since the products began trading one week ago.
BTC Tumbles Below $44K, Bitcoin Miners Drop 10% Boosting ETF ‘Sell the News’ Calls
Bitcoin [BTC] dropped to near $43,000 Friday, a fall of 6% in day-over-day trading, while some bitcoin mining stocks tumbled over 10% extending yesterday’s decline after Thursday’s highly-anticipated spot bitcoin ETF debut.
Bitcoin Briefly Tops $49K Before Selling Off as ETF Trading Frenzy Commences
Bitcoin hit its highest price in more than two years Thursday before it fell back to $46,000 as the highly anticipated spot bitcoin ETF debut unleashed volatility.
BTC Blasts Past $47K as Bitcoin ETF Excitement Gets Feverish
Bitcoin could rally 10%-15% more in case the SEC approves spot bitcoin ETFs, LMAX strategist Joel Kruger noted.
Bitcoin at Risk of Snapping Historic Winning Streak, but ‘Perfect Storm’ Brews for a Strong 2024
Investors moved the highest amount of BTC to exchanges since March, IntoTheBlock noted, signaling profit-taking after bitcoin’s first eight-week streak of gains since 2017.
Bitcoin Halts at $41K as Traders Eye Fed Rate Decision; AVAX Flips Dogecoin as Altcoins Jump
Bitcoin remained steady around $41,000 after Monday’s dramatic flush.
Bitcoin Dips 7% to Near $40K; Pullback Will Be Short-Lived, Say Experts
Bitcoin endured its worst daily drawdowns in 4 months, dipping over 7% to nearly $40,000. $XRP, $LINK, $ADA declined 8%-10%.
Coinbase, MicroStrategy, Marathon Stocks Buckle 5%-10% as Bitcoin Tumbles Below $42K
A “flash crash” in thin trading Sunday evening, saw bitcoin’s price plunge nearly 10% from the $44,000 level in the space of a few minutes.