bitcoin – GlobalMoneynews

Bitcoin drops below $35,000 over the weekend, extending Friday’s losses

October 13, 2023October 2, 2023 by Moneynews

[ad_1] Bitcoin is a volatile asset, and has been known to swing more than 10% higher or lower in a single day. Jakub Porzycki | Nurphoto | Getty Images Bitcoin continued to slide after a broader stock sell-off in the U.S. last week sent the cryptocurrency market into a frenzy and prompted bitcoin to plummet … Read more

Does the cryptocurrency crash pose a threat to the financial system?

October 13, 2023October 2, 2023 by Moneynews

[ad_1] WASHINGTON- On Tuesday, Bitcoin fell briefly below $30,000 for the first time in 10 months, while cryptocurrencies overall have lost nearly $800 billion in market value in the past month, according to data site CoinMarketCap, as investors fret about tightening monetary policy. Compared with the Fed’s last tightening cycle which began in 2016 crypto … Read more