Markets
Market Wrap: Bitcoin Tumbles Most in 1 Year as Crypto Cracks Appear
Bitcoin slumped to about $23,000 when the Celsius withdrawal halt combined with a sell-off in traditional markets to sour trader spirits.
Tron’s Stablecoin Peg to Dollar Wobbles; Justin Sun Swears to Deploy $2B to Prop Up
Decentralized USD (USDD) fell to as low as 91 cents on crypto exchanges early Monday and was changing hands around 99 cents at press time.
First Mover Americas: Bitcoin, Ether Plunge Anew as Celsius Halts Withdrawals
The latest moves in crypto markets in context for June 13, 2022.
SOL, DOGE Lead Plunge in Major Cryptos as Traders Warn of ‘Severe Losses’ Ahead
Higher inflation will continue forcing higher interest rates, which would be negative for economic growth, one analyst said.
Crypto Market Cap Falls Below $1T for First Time Since Early 2021
Bitcoin lost some 13% of its value in the past 24 hours.
Bitcoin Plunges Below $25K, Lowest Level Since December 2020
A weak macroeconomic environment and systemic risk from within the crypto space have caused nearly 12 successive weeks of losses for the asset.
Crypto Lending Service Celsius Pauses Withdrawals, Citing 'Extreme Market Conditions'
The company will also pause its swap and transfer products, according to a blog post.
Market Wrap: Bitcoin and Stocks Drop; Analysts See Risk of Further Downside
Bitcoin could approach lower support at $25K-$27K with greater price volatility.
