Cointelegraph
📉 JUST IN: $BTC drops below $50K.
🩸 Update: The start of the $BTC price decline resulted in $600 million in leverage-long positions taken by traders being wiped out.
Cointelegraph
🚨 JUST IN: Users are claiming that Robinhood has suspended 24-hour trading. Have you checked? Can you still trade there now? Let us know!
Update: Robinhood states their overnight trading session is fully operational.
Forwarded from Cointelegraph Markets & Research
📉 Bitcoin's price has plummeted nearly $20,000 in just a week, hitting its lowest point since February. Ethereum has also dropped 40%.
🇯🇵 The Nikkei 225 in Japan is experiencing its worst drop ever, adding to the global market chaos.
🍏 Berkshire Hathaway sold nearly half its Apple stake, adding to stock market jitters.
🇺🇸 The U.S. Federal Reserve might cut interest rates more aggressively than expected to stabilize the economy.
🩸 BTC is struggling below $50,000, with many short-term holders facing heavy losses.
🇯🇵 The Nikkei 225 in Japan is experiencing its worst drop ever, adding to the global market chaos.
🍏 Berkshire Hathaway sold nearly half its Apple stake, adding to stock market jitters.
🇺🇸 The U.S. Federal Reserve might cut interest rates more aggressively than expected to stabilize the economy.
🩸 BTC is struggling below $50,000, with many short-term holders facing heavy losses.
📉 Biggest Losers of the Day:
🔻 Crypto:
Bitcoin: -15.91%
ETH: -23.16%
SOL: -21.22%
BNB: -19.51%
LINK: -27.87%
🔻 Memecoins:
BILLY: -45.59%
MUMU: -43.83%
MANEKI: -40.96%
POPCAT: -40.19%
🔻 Stocks:
INTC: -26.97%
TEAM: -17.76%
SNBR: -17.39%
🌏 Global Markets:
Nikkei 225: -12.40%
KOSPI: 8.77%
Taiwan Stock Exchange: -8.35%
FTSE 250: -4.14%
🔻 Crypto:
Bitcoin: -15.91%
ETH: -23.16%
SOL: -21.22%
BNB: -19.51%
LINK: -27.87%
🔻 Memecoins:
BILLY: -45.59%
MUMU: -43.83%
MANEKI: -40.96%
POPCAT: -40.19%
🔻 Stocks:
INTC: -26.97%
TEAM: -17.76%
SNBR: -17.39%
🌏 Global Markets:
Nikkei 225: -12.40%
KOSPI: 8.77%
Taiwan Stock Exchange: -8.35%
FTSE 250: -4.14%
This media is not supported in your browser
VIEW IN TELEGRAM
🩸 The Worst Monday Since 1987!
This episode covers the biggest market crash since 1987. In 24 hours, the crypto market lost over $500 million, Bitcoin dropped to $49K, and there were massive liquidations.
The S&P 500 also fell, and Bitcoin’s dominance jumped to 58%.
Tune in to understand this financial chaos! 🎧
This episode covers the biggest market crash since 1987. In 24 hours, the crypto market lost over $500 million, Bitcoin dropped to $49K, and there were massive liquidations.
The S&P 500 also fell, and Bitcoin’s dominance jumped to 58%.
Tune in to understand this financial chaos! 🎧
🚨 BREAKING: Major trading platforms are reportedly experiencing outages.
• Fidelity
• E-Trade
• Vanguard
• TD Ameritrade
• Charles Schwab
• Fidelity
• E-Trade
• Vanguard
• TD Ameritrade
• Charles Schwab
This media is not supported in your browser
VIEW IN TELEGRAM
🗣️ Goldman Sachs’ Christian Mueller-Glissmann on the market’s ‘healthy correction’ and unexpected US data weakness.
What’s your take on the current market? 💬
What’s your take on the current market? 💬
This media is not supported in your browser
VIEW IN TELEGRAM
🇺🇸 While live with Adin Ross, Donald Trump mentioned that crypto "is a form of currency" and "China's already doing it, but if we don't do it, they're gonna do it."
In addition to presenting Donald Trump with a Rolex, Streamer Adin Ross also gave him a Tesla Cybertruck, wrapped with a photo of his assassination attempt.
In addition to presenting Donald Trump with a Rolex, Streamer Adin Ross also gave him a Tesla Cybertruck, wrapped with a photo of his assassination attempt.
🗞 Missed the news? Here's what's happened over the last 24 hours!
🩸 $300B plunge: Largest 3-day wipeout for crypto in a year
🧐 Jump Crypto unstakes $315M of ETH, now headed to exchanges
📉 JUST IN: $BTC drops below $50K.
🩸 The start of the $BTC price decline resulted in $600 million in leverage-long positions taken by traders being wiped out.
🩸 MicroStrategy $MSTR and Coinbase $COIN down 25.07% and 17.82% pre-market.
🎙️ The Worst Monday Since 1987!
🚨 Major trading platforms are reportedly experiencing outages.
🗣️ Goldman Sachs’ Christian Mueller-Glissmann on the market’s ‘healthy correction’ and unexpected US data weakness.
🚨 BlackRock’s spot Bitcoin ETF hits $1.55 billion in trading volume in its first hour amid market crash.
🇺🇸 Biden's economic advisor Gene Sperling steps down.
🚨 The volatility index has experienced its third-largest spike in history, trailing only the 2008 financial crisis and the COVID-19 pandemic.
🇺🇸 While live with Adin Ross, Donald Trump mentioned that crypto "is a form of currency" and "China's already doing it, but if we don't do it, they're gonna do it."
🩸 $300B plunge: Largest 3-day wipeout for crypto in a year
🧐 Jump Crypto unstakes $315M of ETH, now headed to exchanges
📉 JUST IN: $BTC drops below $50K.
🩸 The start of the $BTC price decline resulted in $600 million in leverage-long positions taken by traders being wiped out.
🩸 MicroStrategy $MSTR and Coinbase $COIN down 25.07% and 17.82% pre-market.
🎙️ The Worst Monday Since 1987!
🚨 Major trading platforms are reportedly experiencing outages.
🗣️ Goldman Sachs’ Christian Mueller-Glissmann on the market’s ‘healthy correction’ and unexpected US data weakness.
🚨 BlackRock’s spot Bitcoin ETF hits $1.55 billion in trading volume in its first hour amid market crash.
🇺🇸 Biden's economic advisor Gene Sperling steps down.
🚨 The volatility index has experienced its third-largest spike in history, trailing only the 2008 financial crisis and the COVID-19 pandemic.
🇺🇸 While live with Adin Ross, Donald Trump mentioned that crypto "is a form of currency" and "China's already doing it, but if we don't do it, they're gonna do it."
Bitcoin decline is similar to the start of the 2016 bull run: Peter Brandt
Bitcoin declined by a very similar amount following the halving in 2016 and before the 2017 bull run.
👉 Read More
Bitcoin declined by a very similar amount following the halving in 2016 and before the 2017 bull run.
👉 Read More
Bitcoin falls to ‘extreme fear’ on Aug. 5 as ETFs outflow $168M
The Crypto Fear and Greed Index recorded a score of 17 out of 100 on Aug. 5 — the lowest it has been since July 12, 2022.
👉 Read More
The Crypto Fear and Greed Index recorded a score of 17 out of 100 on Aug. 5 — the lowest it has been since July 12, 2022.
👉 Read More
US Bitcoin, Ethereum ETFs hit $6B volume amid market rout
Bitcoin sunk to under $50,000 at the start of US trading on Aug. 5, prompting a huge spike in trading volumes of crypto-related ETFs.
👉 Read More
Bitcoin sunk to under $50,000 at the start of US trading on Aug. 5, prompting a huge spike in trading volumes of crypto-related ETFs.
👉 Read More
US senators urge CFTC to finalize ban on election betting
It comes as decentralized prediction platform Polymarket has gathered more than $500 million in bets on who will likely win the 2024 United States presidential election.
👉 Read More
It comes as decentralized prediction platform Polymarket has gathered more than $500 million in bets on who will likely win the 2024 United States presidential election.
👉 Read More
What hidden potential does Bitcoin hold beyond finance? 💰
Uncover the answers in BitFuture: Bitcoin’s Evolution, a special series from the Decentralize with Cointelegraph podcast, in collaboration with PortaltoBitcoin.
In Episode 5, Chandra Duggirala, co-founder and CEO of PortaltoBitcoin, dives into emerging Bitcoin trends, their broader implications beyond finance, and their role as a settlement rail in millions of markets.
[Collaboration]
Listen now! 🎧
Uncover the answers in BitFuture: Bitcoin’s Evolution, a special series from the Decentralize with Cointelegraph podcast, in collaboration with PortaltoBitcoin.
In Episode 5, Chandra Duggirala, co-founder and CEO of PortaltoBitcoin, dives into emerging Bitcoin trends, their broader implications beyond finance, and their role as a settlement rail in millions of markets.
[Collaboration]
Listen now! 🎧