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Crypto Week at a Glance: Portfolios deep in red as Bitcoin plunges below $18,000
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Bitcoin (BTC) has dropped over 33 per cent this week and has failed to hold support at the 2017 cycle high. It is now trading below $18,000, with the total crypto market cap hovering near $800 billion.
The volatility has been aided by the US Fed’s interest rate hikes as well as liquidation issues faced by centralized DeFi platforms such as Celsius and the possible collapse of 3AC venture capital.
Read more on economictimes.indiatimes.comAbout this in other media
Bitcoin, ethereum slide as crypto sell-off intensifies, El Salvador President says ‘enjoy life’ moneycontrol.com /1 week ago
Bitcoin value slumps below $20,000 in cryptocurrencies turmoil theguardian.com /1 week ago
US lawmakers urge EPA to consider the potential benefits of crypto mining cointelegraph.com /1 week ago
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