Cryptocurrency Q&A
Why BTC crashed?
Why BTC crashed?
Lorenzo
Sat Dec 21 2024
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5 answers
943
I want to know the reasons behind the crash of Bitcoin. I'm curious about the factors that contributed to the significant drop in the price of BTC and would like to understand what caused this market fluctuation.
5 answers
Riccardo
Mon Dec 23 2024
His remarks and the adjusted easing projections caused investors to become concerned, leading to a heightened level of uncertainty in the market.
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BlockchainWizardGuard
Mon Dec 23 2024
Bitcoin experienced a significant decline, falling by almost 3% and reaching approximately $100,751.
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KimchiQueenCharmingKiss
Mon Dec 23 2024
This drop occurred after the Federal Reserve indicated plans for slower rate cuts in the year 2021.
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GangnamGlamourQueen
Mon Dec 23 2024
Jerome Powell, the Chair of the Federal Reserve, adopted a hawkish stance and made comments opposing the use of Bitcoin as a reserve currency.
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amelia_miller_designer
Sun Dec 22 2024
As a result of this uncertainty, there was a surge in derivative liquidations, totaling over $850 million.
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