Bitcoin slumps as crypto markets shed $600B in value
Bitcoin dropped to a four-month low amid a broader crypto rout that erased over $600 billion in market value. The sell-off follows mounting credit concerns and sharp liquidations in leveraged positions. Bitcoin fell ~4 % in 24 hours, dragging the entire crypto sector down. Ethereum, too, declined, as investors fled risk assets. The downturn reflects heightened market volatility and uncertainty over macro and regulatory headwinds pressing across digital assets.
negative
2 days ago
Bitcoin slumps as crypto markets shed $600B in value
Bitcoin dropped to a four-month low amid a broader crypto rout that erased over $600 billion in market value. The sell-off follows mounting credit concerns and sharp liquidations in leveraged positions. Bitcoin fell ~4 % in 24 hours, dragging the entire crypto sector down. Ethereum, too, declined, as investors fled risk assets. The downturn reflects heightened market volatility and uncertainty over macro and regulatory headwinds pressing across digital assets.
negative
Bitcoin slumps as crypto markets shed $600B in value
2 days ago
1 min read
69 words
Crypto markets crash, Bitcoin at 4-month low with $600B wiped off sector value.
Bitcoin dropped to a four-month low amid a broader crypto rout that erased over $600 billion in market value. The sell-off follows mounting credit concerns and sharp liquidations in leveraged positions. Bitcoin fell ~4 % in 24 hours, dragging the entire crypto sector down. Ethereum, too, declined, as investors fled risk assets. The downturn reflects heightened market volatility and uncertainty over macro and regulatory headwinds pressing across digital assets.
Bitcoin dropped to a four-month low amid a broader crypto rout that erased over $600 billion in market value. The sell-off follows mounting credit concerns and sharp liquidations in leveraged positions. Bitcoin fell ~4 % in 24 hours, dragging the entire crypto sector down. Ethereum, too, declined, as investors fled risk assets. The downturn reflects heightened market volatility and uncertainty over macro and regulatory headwinds pressing across digital assets.