Circle Sinks 12%, Coinbase and Strategy Tumble 10% as Bitcoin Slide Hits Crypto Stocks
11 Articles
11 Articles
Circle Sinks 12%, Coinbase and Strategy Tumble 10% as Bitcoin Slide Hits Crypto Stocks
Circle landed an analyst upgrade and an earnings beat, yet its shares still got hammered. A closer look at the numbers behind that beat shows why good news could not shield crypto stocks when Bitcoin turned.
Bitcoin faces $70,000 risk as investors realize $2 billion in losses and US jobs shock deepens pressure
Bitcoin holders realized more than $2 billion in losses over three days as exchange selling intensified and expectations of a US rate hike rose. On Friday, Bitcoin briefly plunged below $75,000 as a sharp sell-off in US technology stocks spilled into digital assets. This came as selling pressure now dominates spot trading on Binance and… Read the full story on CryptoSlateUnderstand the crypto stories that matter and what to watch next. Get The C…
Bitcoin Falls Below $77,000 as $400 Million in Longs Liquidated Amid Tech Stock Sell-Off
Bitcoin has dropped below the $77,000 level, reversing a recent rebound above $80,000 and triggering a wave of forced selling across cryptocurrency markets. The decline accelerated shortly after U.S. stock markets opened, with the leading cryptocurrency falling as much as 5–6 percent on the day and briefly trading near $75,500–$76,000 before a partial recovery. Data […]
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