Crash

The post Crypto Relief on the Horizon: Justin Sun Announces $1 Billion Fund Amid Market Crash appeared first on Coinpedia Fintech News Following the heavy crypto sell-off in the last 24 hours that resulted in the forced liquidation of more than $1 billion from leveraged traders, Justin Sun, the founder of the Tron (TRX) network, has announced a relief plan. In an X announcement, Sun announced that he has set aside $1 billion to ensure the continued growth and development…

Bitcoin crashed spectacularly on Sunday, with the price of $BTC plummeting as far down as $49,300. The US economy is signalling a recession, and war is brewing - will Bitcoin be able to recover in such an environment? Sunday carnage The last eight days for Bitcoin have seen some torrid price action. Since spiking through the top of its bull flag on 29 July, the $BTC price has seen a nigh on 30% correction from top to bottom, corresponding to…

The post Blood-Shed in Satoshi’s Street: Crypto Market Tearing Apart as Global Markets Crash! What Went Wrong? appeared first on Coinpedia Fintech News The crypto market is down today! The star token Bitcoin, has faced severe selling off, not seen in the past few months. The drop of over 18% since the start of the month suggests the crypto winters have advanced pretty well, which has shaken up the entire crypto space. Many reasons have emerged which has fueled the…

The post Bitcoin Price Crash: BTC Price Drops To $52K Amid Stock Market Crash appeared first on Coinpedia Fintech News The total crypto market cap slipped below $2 trillion for the first time since the bullish breakout in February. Bitcoin’s (BTC) price dropped more than 10 percent in the last 24 hours to trade at about $54,425 on Monday during the early Asian session. The altcoin industry – led by Ethereum (ETH), Solana (SOL), BNB, and XRP – registered a…

Recent price movements in the cryptocurrency market have seen Ethereum experience a significant downturn, with the altcoin finally sustaining a break below the critical $3,000 support level. Ethereum has suffered a notable 4.76% decline over the past 24 hours, bringing its current trading price to just above $2,900.  While retail traders are still scrambling for their next move, on-chain data shows an interesting accumulation pattern of ETH by a particular whale entity. This whale, whose strategic moves have historically demonstrated…

The post Crypto Market Crash: Early Signs of Recession as Fed Maintains Tightening appeared first on Coinpedia Fintech News Crypto is down due to the Fed delaying rate cuts, heightened tensions in the Middle East, and a lower likelihood of “crypto president” Donald Trump being elected in November. Austin from Altcoin Daily highlights an alarming crash scenario looming on the horizon. Over $2.9 trillion has been wiped out from the stock market, marking the worst single-day loss since the 2020…

The post ‘Rich Dad Poor Dad’ Author Shares Opportunity For Investors Amidst Market Crash   appeared first on Coinpedia Fintech News Robert Kiyosaki, the famous author of Rich Dad Poor Dad has taken to X to share an important message on the current market events. While the market is crashing, he still sees an opportunity for investors and entrepreneurs. On Friday, the Dow Jones index crashed by 600 points, the Nasdaq plunged by 2.4%, and the S&P slipped 6% from its…

In a recent price analysis, a crypto analyst has highlighted a crucial support level for Bitcoin (BTC), emphasizing the possibility for the pioneer cryptocurrency to plummet significantly to new lows if it fails to maintain certain key levels.  Bitcoin Risks Crash To $42,000 On August 1, the pseudonymous crypto analyst DonAlt shared an in-depth price analysis and future outlook of Bitcoin on the TechnicalRoundup YouTube channel. According to the analyst Bitcoin could experience a potential price crash to $42,000 if…

The crypto market continued its decline on Friday, with the Bitcoin price trading as low as $62,300.  The meme coin market capitalization corrected by 4% today, data from CoinGecko reveals. And yet, Popcat is showing impressive resilience, climbing by nearly 5% today to trade at $0.63. Experts believe that the popular Solana meme coin is on the cusp of a major breakout which could catapult it to new highs.  Popcat’s mid-cap status means that it shows little correlation with the…