Crypto Market Tumbles as Bitcoin Drops to $83.8K Amid Broader Sell-Off 📉
Friday witnessed a dramatic downturn in the crypto market as a significant sell-off wiped out gains from earlier in the week. Bitcoin (BTC) took a hit, falling to $83,800, a 3.8% decrease in 24 hours, down from nearly $88,000 the previous day.
The CoinDesk 20 Index reflected a 5.7% decrease, with various altcoins including Avalanche, Polygon, Near, and Uniswap each suffering losses of about 10%. The total crypto market lost a substantial $115 billion, according to TradingView. Ethereum (ETH) also fared poorly, dropping over 6%, noting its lowest BTC-relative value since May 2020.
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Is Bitcoin’s Value Plummeting Uncontrollably?
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Will Bitcoin Prices Rise Again Soon?
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BTC Drops Below $80,000 Once Again 💰Coin: BTC ( $BTC ) $80,046.20
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Bitcoin Falls Below $82,000, Slips to 10th Place in Global Assets with $1.631 Trillion Market Cap
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Bitcoin Faces Possible Sell-Off as Price Dips Below $80,000 Amidst Macroeconomic Uncertainty
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