crypto market crash | Coinbackyard

Visual representation of the crypto market crash triggered by Federal Reserve's rate adjustments.

Crypto Market Plunges After Fed Rate Cut, $850 Million Liquidated

December 19, 2024 • Latest News • Leave a Comment

The crypto market saw a sharp plunge, with total liquidations surpassing $850 million following the Federal Reserve’s 25-bps rate cut. Source: https://www.aarp.org/money/budgeting-saving/info-2024/fed-interest-rate-cuts-retirees.html Federal Reserve Chairman Jerome Powell hinted at cautious future rate adjustments, which scared investors. He also mentioned the […]

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Bitcoin price chart showing a significant drop below $60,000 amid market turbulence.

Bitcoin Price Plummets Below $60,000 Amid Market Turbulence

August 28, 2024 • Latest News • Leave a Comment

Bitcoin’s (BTC) price has fallen below $60,000, leading the recent crypto market crash. Over the last 48 hours, Bitcoin’s value took a sharp dive, influenced largely by an overly bullish sentiment among traders. In the world of cryptocurrencies, price movements

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Ethereum transaction chart and stolen funds movement

aUS Economic Calendar: Events Impacting the Crypto Market This Week

August 5, 2024 • Cryptocurrency • Leave a Comment

The crypto market is once again influenced by key macroeconomic events, which had diminished for most of 2023. This renewal of correlation means that traders and investors need to be prepared for potential market volatility this week. The events lined

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Crypto Hackers Exploit Market Crash; Buy Ethereum with Stolen Funds

August 5, 2024 • Latest News • Leave a Comment

In the middle of a significant crypto market crash, crypto hackers seized the opportunity to buy Ethereum at a discount using stolen funds. On August 5, hackers acquired 16,892 ETH with cryptocurrency robbed from the Nomad bridge hack of August

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Crypto Market Crash: $800 Million Liquidated, Bitcoin Falls 10%

August 5, 2024 • Latest News • Leave a Comment

The crypto market took a major hit during early Asian trading hours. According to CoinGecko, the total market cap has plunged by 12.5%, now sitting at about $1.97 trillion. This is the first time since mid-February that the market cap

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