The cryptocurrency market is highly correlated to the tech-heavy Nasdaq in recent months, and the pessimism in equity markets is regarded as a major reason behind the steep decline in cryptos. The Nasdaq futures were down 2.3% at 9.15 a.m. EDT (1315GMT), indicating another opening in negative territory, although the US stocks finished Wednesday on positive note. The US stock exchanges rallied Wednesday after the Fed raised its benchmark interest rate by 75 basis points on Wednesday, marking its biggest hike in 28 years, and signaled that another 75 basis points of rate hike is on the table for July. Despite the Fed providing a roadmap in its monetary tightening, investors are still worried that the aggressive rate hikes could cause a recession in the world's largest economy. Bitcoin hits lowest level since November. Master yapanlar 1 kademe, doktora bitcoin yapanlar 1 derece, master ve doktora yapanlar 1 derece, 1 kademe uygulamasından yararlanıyor.
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Bitcoin dives to $17K again, hovering around lowest in 2 years. Bitcoin on Wednesday dove to $17,000 for the second consecutive day as the major sell-off in the cryptocurrencies market continues. Price of Bitcoin was below $17,300 at 8.00 a.m. EDT, while it traded at $17,750 at 10.00 a.m. EDT for a 8.5% loss. Price of the world’s largest crypto by market size was hovering around its lowest level since December 2020. Vavada hesabımı Sberbank banka kartıyla dolduramıyorum.
The major sell-off on Tuesday started after crypto exchange major FTX asked for the help of rival, Binance, because of liquidity issues, which highlighted the fragile nature of the crypto market and instigated fears of vulnerability. Bitcoin dives further to $27,785, hovering around lowest level in 16 months. The price of Bitcoin dove further to $27,785 on Wednesday and was hovering around its lowest level in 16 months. It fell to $29,000 at 4.53 p.m. EDT (2053 GMT), according to data on Binance, the world's largest crypto exchange by trade volume. With that result, Bitcoin broke below the price of $29,303 that was recorded on July 20 last year, which was regarded by many crypto investors as a strong support level. Bitcoin struggled to find support at $29,000 and further plummeted to $28,200 just after three minutes with a panic selloff and later plummeted to $27,785 at 5.28 p.m.
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