Why did Bitcoin fall below $63,000? U.S.-Iran tensions and Fed interest rate concerns explained
Bitcoin price drops The dollar fell below the important $63,000 level on Wednesday as investors worried about rising tensions between the United States and Iran. Bitcoin was trading at about $62,553, down 1.2%, after rising above $64,500 in the previous…
U.S. stocks close: Dow hits record high, Nasdaq falls; Bitcoin, gold and oil slide
U.S. stocks were mixed on Thursday as investors moved money away from major technology stocks and into other sectors such as health care, financials and industrial companies. The tech-heavy Nasdaq Composite fell 0.5%. The S&P 500 was almost flat,…
Bitcoin drops to $58,000 as $450 million in leveraged longs are liquidated in 60 minutes
cryptocurrency market In just 60 minutes, around $450 million in leveraged long positions were wiped out, causing a huge shock that shows how quickly trading risks can shift when prices move wildly. As Bitcoin falls to $58,000, the cryptocurrency market…