1 / 1 Relevant items tagged with #MarketDownturn

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Bitcoin Slides Below $58K as Market Plunge Wipes Out $178M

[Aug 30, 2024 4:40 PM] After lingering around the $59,000 mark, bitcoin’s value has faced downward pressure, dipping to an intraday low of $57,775 on Friday. Over the past 24 hours, bitcoin (BTC) has slipped by 4.6%, while ether (ETH) saw a 5.4% decline. Friday…

The Anatomy of a Meltdown (and Just BTFD)

[Aug 14, 2024 5:11 PM] GSR’s Brian Rudick discusses the recent market meltdown, how towering bull tenets and fading risks could propel Bitcoin to $1m, and why the recent dip is a gift, all combining to make cryptocurrency’s risk-reward its most compelling in years.