HomeCrypto GamingWhy Did Bitcoin’s Price (BTC) Plunge 11% in Worst Week Since FTX’s...

Why Did Bitcoin’s Price (BTC) Plunge 11% in Worst Week Since FTX’s Collapse?

-

BTC’s worth slipped under $26,000 Friday afternoon after a rally towards $27,000 – which erased a few of Thursday’s sharp decline – fizzled. The biggest cryptocurrency by market capitalization had plummeted to $25,392 Thursday afternoon, hitting its lowest worth since mid-June, amid cascading liquidations of leveraged buying and selling positions.

LEAVE A REPLY

Please enter your comment!
Please enter your name here

LATEST POSTS

Arcade game Code of Joker coming to Sui in first of Japanese IP wave

Sega’s arcade sport Code of Joker is being reinvented as a blockchain-enabled cell and browser sport that can run on the Sui blockchain. Initially launched...

Trump-backed World Liberty Financial (WLFI) Completes $590M Token Sale

World Liberty Financial (WLFI), the Donald Trump-backed crypto undertaking, has closed its token sale after elevating roughly $590 million.EOS is a blockchain platform developed...

Esports MOBA game Wildcard will be web2, with a separate web3 metagame

A lot anticipated esports MOBA recreation Wildcard is gearing up for launch, with the primary closed alpha playtest for NFT holders approaching Friday 14th...

Solana Inflation Reform Effort Fails on Dramatic Final Voting Day

Solana's excessive staking rewards will reside to inflate SOL one other day.A contentious effort to reform the blockchain community's beneficiant inflation regime flopped on...

Most Popular

spot_img