-
Bitcoin Flash Crashes as Sentiment Wanes
Bitcoin price has crashed in the past few days as the recent bull run faded. The BTC/USD pair moved to below 110,000, its lowest level since July 9 this year. It has plunged by 12% from its highest point this year, meaning that it is in a correction. Bitcoin crashed as the recent enthusiasm about the Federal Reserve interest rate cuts faded and as investors took profits. In a statement on Friday, Jerome Powell hinted that the bank would cut rates. While the stock and the crypto markets rose initially, things changed on Monday. The Dow Jones, Nasdaq 1o0, and the S&P 500 indices retreated by over 0.50%. Similarly, the ... (full story)
- Comments / Top
- Subscribe
-
Related Stories
US Pres Trump Removes Fed's Cook From Position, Effective Immediately – TSL pic.twitter.com/iwq563ZY4H TRUMP REFERENCES MORTGAGE-RELATED ACCUSATIONS IN MESSAGE TO FED’S COOK. Trump says he is removing Fed Governor Lisa Cook from her position in a post on his social media account pic.twitter.com/gLo3aYVH4y
From financemagnates.com | Aug 26, 2025
The answer to "Why is Bitcoin going down today?" lies in a perfect storm of technical breakdowns, massive whale selling, and overleveraged positioning that has sent Bitcoin (BTC) price tumbling to its lowest levels in seven weeks. The cryptocurrency has already tested levels below 109,000 dollars, and although it has rebounded above local support, the ...
From fxstreet.com | Aug 25, 2025
Ethereum treasury firm BitMine Immersion extended its lead as the largest corporate treasury of the top altcoin after acquiring 190,500 ETH last week, per a statement on Monday. As a result, the company claims its total holdings have surpassed $8.8 billion, comprising 1.7 million ETH, 192 BTC and $562 million in cash. "We continue to believe Ethereum is one ...
