Bitcoin Drops 20%, Faces Volatility Amid ETF Outflows and Fed Speculations
Recently under pressure, Bitcoin (BTC), the world's most expensive cryptocurrency, dropped 20% to a low of $58,602 due to outflows in BTC ETFs.
Read MoreRecently under pressure, Bitcoin (BTC), the world's most expensive cryptocurrency, dropped 20% to a low of $58,602 due to outflows in BTC ETFs.
Read MoreRecent market downturns have significantly reduced the previously high levels of optimism and excitement about Bitcoin's price, suggesting a possible approach to a market bottom.
Read MoreThe cryptocurrency market experienced a significant surge this week, with Ethereum (ETH) leading the charge. Ethereum's price soared nearly 20%, with the crypto market cap surging by $200 billion.
Read MoreCathie Wood, CEO of Ark Invest, expressed strong support for Bitcoin during an interview on "Merryn Talks Money."
Read MoreBankrupt crypto exchange FTX has proposed returning up to 90% of creditor holdings. The plan will be filed with a U.S. bankruptcy court by December 16.
Read MoreOil prices dropped on Wednesday as Saudi Arabia and Russia pledged to extend crude output cuts until the end of 2023. However, concerns about weakening demand due to macroeconomic challenges offset these production-cut commitments.
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