Bitcoin investors were jolted awake this Monday as the cryptocurrency experienced a dramatic 15% drop, with its price crashing to approximately $51,500. This sharp decline follows a troubling trend that has seen Bitcoin lose over 26% of its value in just one week, down from around $70,000 on July 29.
Read MoreOn August 5th, the cryptocurrency market witnessed a dramatic downturn as Bitcoin (BTC) plummeted to as low as $52,500, marking a steep 10% drop from its recent high of $58,350 in just under two hours.
Read MoreThe cryptocurrency market is once more beginning the month of May on a negative note, with traders sitting on enormous capital losses following the excessively pessimistic April.
Read MoreThe range for Bitcoin [BTC] was $73k–$60.7k. At $66.9k, this range's midpoint was located.
Read MoreA substantial number of Solana (SOL) tokens will be put up for auction by FTX's bankruptcy estate in anticipation of a crucial move. This tactic is a component of the liquidation plan that FTX started after it collapsed in November 2022.
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