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The post How Low Can Bitcoin (BTC) Price Drop? appeared first on Coinpedia Fintech News The total cryptocurrency market cap slipped over 6 percent in the past 24 hours to about $2.24 trillion on Wednesday, during the mid-London session. For the first time since February 2024, Bitcoin’s (BTC) price has dropped below the support range between $59,000 and $61,000 to trade around $57,123 at the time of this writing. Following …
One day before the commencement of the FOMC meeting on Wednesday, May 1, the Bitcoin (BTC) price saw significant selling pressure. At the time of reporting, Bitcoin is trading at $60,189, marking a decrease of 5.4% and bringing its market capitalization to $1.19 trillion Bitcoin Price Rebound Likely As Buy The Dip Calls Surge With The post Bitcoin (BTC) Price Relief Rally Ahead As ‘Buy The Dip’ Calls Surge appeared first on CoinGape .
Bitcoin and the broader cryptocurrency market have come under strong selling pressure a day before the FOMC meeting, as sentiment turns risk-OFF. The Bitcoin price is already down over 5% just flirting around the $60,000 level as of now. FOMC Meeting and Its Possible Outcomes In a significant shift, market expectations for rate cuts have The post Possible Outcomes of FOMC Meeting, How Would Bitcoin And Crypto Market React? appeared first on CoinGape .
Bitcoin price is officially in a bear market as it is now down over 20% after falling for three consecutive days this week. Investors pulled money out of the crypto market in anticipation of hawkish U.S. Federal Reserve retreat from three interest rate cuts this year. Stagflation and sticky inflation concerns continue to mount amid The post Why Bitcoin Price Dropped Today? When Will It Recover? appeared first on CoinGape .
Bitcoin fell nearly 10% from its recent high. Analysts compare current trends to past Bitcoin cycles. Continue Reading: Why Did Bitcoin’s Price Recently Drop?
Bitcoin's price fall below the $60,000 mark could be the start of further pain to come, according to Standard Chartered Bank.
The spot bitcoin ETFs most recent net outflow streak extended to five days on Tuesday amid continued zero daily flows for BlackRock's IBIT.
Litecoin founder Charlie Lee talked about spot LTC ETFs and Ethereum ETFs. Will the SEC approve LTC and ETH ETFs? Continue Reading: Will the SEC Allow Litecoin (LTC) and Ethereum (ETH) ETFs After Bitcoin? Litecoin Founder Expressed His Opinion!
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