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Keywords: Bitcoin price drop
Bitcoin dropped below the $70,000 mark on March 18 after stronger than expected US producer price data reinforced inflation concerns, just hours before the Federal Reserve held interest rates steady, extending a pattern of post-policy declines in crypto markets. The cryptocurrency fell as much as 5.7......
Bitcoin mining companies are more vulnerable to fluctuations in the price of Bitcoin than to rising electricity costs triggered by higher oil prices, according to a new analysis examining the impact of the Iran related oil shock on the cryptocurrency industry. A report released this week by Luxor Technology’s......
Bitcoin fell below the $70,000 threshold on Thursday as surging oil prices and geopolitical tensions in the Middle East unsettled financial markets. At the same time, derivatives data shows traders have built the most aggressive short positions in nearly three years, raising the risk of a sudden market......
Bitcoin has slipped beneath a critical technical level this week, fueling comparisons to the 2022 bear market as multiple on-chain metrics point to worsening market conditions and persistent selling pressure. Blockchain analytics firm Glassnode reports that the cryptocurrency fell under the 0.75 quantile......
The cryptocurrency market has plunged into a state of extreme fear, marked by the Crypto Fear & Greed Index falling to 10, its lowest reading since February 2025. This sharp decline in market sentiment comes amid a significant selloff......
Bitcoin, which has been soaring to record highs in recent weeks, experienced a significant decline, losing approximately $8,000 in value. This drop follows key decisions by the U.S. Federal Reserve, led by Chair Jerome Powell, that unsettled investors. Interest rate cuts spark concerns On December......