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Bitcoin Plunges 25%, Erasing All 2025 Gains
Bitcoin lost about $600 billion in market value after a 25% drop from October highs, driven by ETF outflows and uncertainty over Federal Reserve rate cuts.
- Bitcoin has dropped 25%, erasing all gains from 2025 and stabilizing around $93,000 after peaking at over $126,000 last month, according to Bloomberg data.
- The cryptocurrency market has lost over $1 trillion, marking steep declines across multiple cryptocurrencies, including Ethereum and Solana, as reported by various sources.
- Market turmoil followed President Donald Trump's announcement of new tariffs, triggering significant liquidations and impacting over 1.6 million traders, according to CoinGlass.
- Some analysts see recent price drops as a buying opportunity, suggesting resilience and potential recovery later this year, according to Nigel Green.
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Bitcoin price under pressure, slips below $94,000 as 'self-fulfilling prophecy' puts 4-year cycle in focus
Bitcoin price under pressure, slips below $94,000 as 'self-fulfilling prophecy' puts 4-year cycle in focus Bitcoin (BTC-USD) remained under pressure on Monday, falling below $94,000 and bringing its losses from record highs in October to around 25%. The drop is prompting questions about whether…
Coverage Details
Total News Sources61
Leaning Left8Leaning Right4Center9Last UpdatedBias Distribution43% Center
Bias Distribution
- 43% of the sources are Center
43% Center
L 38%
C 43%
R 19%
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