Why Did Bitcoin Values Just Plummet? Ask Japan

Why Did XRP Plummet 6.2% Today?

Key PointsThe head of Japan's central bank hinted that an interest rate hike was possible. Rising interest rates in Japan could unwind a significant amount of leveraged crypto positions. 10 stocks we like better than XRP › XRP (CRYPTO: XRP) is down 6.2% in the last 24 hours as of 7:15 p.m. ET on Monday. The drop comes as the S&P 500 fell 0.6% and the Nasdaq Composite slid 0.4%. With CoinMarketCap's market sentiment tracker nearly tipping into "e…

Why Did Bitcoin Values Just Plummet? Ask Japan

The crypto asset price fell thanks to concerns sparked overseas.

Why Bitcoin crashed 5%: Fears of Japan rate hike sparked selloff

The price of Bitcoin fell sharply on Monday, December 1, dropping more than 5% to briefly trade below $86,000 and leading a broad downturn across cryptocurrency markets. The slide reversed gains from last week's recovery and pushed...

Bitcoin, Ethereum, XRP, Dogecoin Extend Declines As Liquidations Near $1 Billion

Bitcoin fell below the $85,000 level on Monday as market sentiment weakened amid rising speculation over a potential rate hike in Japan.   Notable Statistics: Coinglass data shows 266,362 traders were liquidated in the past 24 hours for $961.73 million.         In the past 24 hours, top losers include Zcash, SPX6900 and Celestia. Notable Developments: Trader Notes: Altcoin Sherpa expects Bitcoin to bottom somewhere in the $75,000–$85,000 range, …

Why did crypto dump overnight? Blame Japan

AI is making scams look real