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Bitcoin Plummets to $50K as ‘Extreme Fear’ Triggers $2T Crypto Collapse
bitcoin price dropped sharply, falling below $53,000 as weak U.S. jobs data fueled concerns about a potential economic slowdown. The cryptocurrency plunged nearly 8% in less than 24 hours, reaching a low of $52,530 before recovering slightly. Investors are increasingly avoiding riskier assets like bitcoin, with the market facing additional pressure from reduced inflows into…
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Bitcoin Plunges in Value to $58K in Face of ‘Extreme Fear’; Mining Stock Surge Expected with September Rebound.
bitcoin (BTC) has experienced a recent drop in value, falling to around $58,000 amid decreased buying interest, contributing to a 0.47% decline in the global crypto market cap, currently standing at $2.07 trillion. This drop has been fueled by heightened market fear, manifested in a reduction in social volume and a rise in negative sentiment,…
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Crypto Community’s Extreme Moves: Fully Backing Trump or Crossing the Line?
The Power of Endorsement and Incendiary Commentary in the crypto World In a week that saw the crypto sphere intertwine closely with political happenings, the enthusiasm for cryptocurrency was palpable. Leaders and influencers within the crypto industry showcased a strong inclination toward political figures aligning with pro-crypto policies, sparking widespread debate and discussion among crypto…