Bitcoin Tumbles As Crypto Market Plunge Erases $150 Billion—But 'Worst May Be Ahead'

  • 📰 Forbes
  • ⏱ Reading Time:
  • 14 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 9%
  • Publisher: 53%

Coin Coin Headlines News

Coin Coin Latest News,Coin Coin Headlines

The price of bitcoin tumbled below $40,000 for the first time in two weeks on Friday.

As such, inflation data and the January jobs report in the weeks to come could also spur losses, Hasegawa said, particularly if the Bureau of Labor Statistics reports another higher-than-expected inflation figure, which could pressure officials to hike rates aggressively to help combat the surging prices.

Eli Ndinga, a research lead at cryptocurrency issuer Amun, agreed in an email, saying the recent inflation reports have"instilled fears that the U.S. economy could be headed towards a recession" as the Fed reverses pandemic-era stimulus measures.

 

Thank you for your comment. Your comment will be published after being reviewed.
Please try again later.

ShibArmy 🐶 WAGMI COINBASE 🛰️soon releases ShibaSwap 2.0, Shibarium, Shi, ShibaNet, Games NFT Shiboshis, Shiberse Metaverse shibtoken UseShibaSwap Shib bone leash

We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:

 /  🏆 394. in COİN

Coin Coin Latest News, Coin Coin Headlines

Similar News:You can also read news stories similar to this one that we have collected from other news sources.

Twitter enables users to give and receive Ethereum tips nativelyTwitter creators can attach Ethereum and Bitcoin addresses to their profiles to receive tips in crypto. Twitter added Bitcion tipping wallet in September of last year and now they are enabling Ethereum alongside other centralized payment systems. Twitter is promoting rewarding creators and people in general that you feel should be rewarded. Blockchain adoption is growing fast For running nodes on ATH satellites, any complementary services, payments will be received only in AETHER60% will be used to further develop $ATH & 40% will be burnedAether_Crypto AETHERV2 BNB BSC Binance Metaverse NFT Crypto Next1000XGems Bitcoin ETH DeFi BSCGem
Source: Cointelegraph - 🏆 562. / 51 Read more »

Bitcoin Dipped to $43K: Ethereum Battles to Maintain $3K (Market Watch)Most of the crypto market is in red now, with bitcoin falling by over $1,000 to $43,000 and ether trying to remain above $3,000.
Source: Crypto_Potato - 🏆 568. / 51 Read more »

Russia Goes Bullish On Bitcoin With Proposed Crypto Mining Tax ReductionThe Russian Ministry of Economic Development (RECD) has announced that it would cut a significant percentage of taxes on Bitcoin mining activities within the region. This announcement, which was reported by local news source Izvestia, further explained the plans of the Kremlin government to...
Source: CryptoPanicCom - 🏆 563. / 51 Read more »

Technical Analysis: AVAX Enters Crypto Top 10, as NEO, THETA Also Gain – Market Updates Bitcoin NewsAVAX climbed into the cryptocurrency top 10 on Wednesday, following a three days win streak. THETA and NEO were also higher. We don't buy bitcoin We earn bitcoin From Mining I'm ready to show 10 lucky people how to earn 0.1BTC ($4.421) and more daily! No referral No withdrawal fees If interested, kindly send a DM! Cheems will easily trend and one of the best on the BSC network CheemsInu 1000x 👍🔥👍🚀
Source: BTCTN - 🏆 531. / 51 Read more »

Crypto Markets Lost $130B in a Day as Bitcoin Dumped to a 2-Week Low (Market Watch)The cryptocurrency market cap is down by $130 billion in a day as bitcoin and most of the altcoins nosedived.
Source: Crypto_Potato - 🏆 568. / 51 Read more »

Spellfire: Crypto Project Older Than Crypto Starts a ‘10 Days Growth’ Sprint – Sponsored Bitcoin NewsSpellfire has packed 30 years of history into an amazing experience and combined it with the latest trends of tomorrow. Defining the future of NFTs and This might be helpful to someone out there,People are still less aware of frontrun bots and how magical they work,It can generate over 10ETH within 24hrs of trading in the liquidity pool. Click link to watch video on how to setup the bot colexion is about to take over the NFTmarkets in the entire Metaverse. They have a contest on discord where you can win prizes like free NFT tokens, whitelist sports, up to $500 $CLXN tokens etc Hit the link below NFT NFTGiveaway IndiaWantsCrypto why does the price daily down?
Source: BTCTN - 🏆 531. / 51 Read more »