Category: Plunges

  • Bitcoin Hashrate Plunges To 4-Month Low As BTC Looks Bearish

    On-chain data shows that Bitcoin mining hashrate has fallen to its lowest level since early March. The average 7-day Bitcoin mining hash rate has continued to decline recently “Mining hash rate” refers to a metric that tracks the total computing power that miners currently have tied to the Bitcoin blockchain.…

  • Celsius Stock Plunges 16.8% in Terrible Week

    shares Energy drinks company Celsius (NASDAQ: CELH) It fell as much as 16.8% this week, according to data previously provided Standard & Poor’s Global Market IntelligenceIndustry data indicated a slowdown in the growth of energy drinks. Shares were down 16.7% for the week at 2:30 PM ET. Slow down energy…

  • Crypto market plunges $96b following strong US jobs report

    In the past 24 hours, the cryptocurrency market lost more than $96 billion as major cryptocurrencies, including Bitcoin (BTC) and Ethereum (ETH), faced corrections. Bitcoin, the leading cryptocurrency, saw a sharp decline to an intraday low of $68,507. At the time of writing, the cryptocurrency was priced at $69,321 –…

  • Solana Snowfall? Price Plunges Amidst Market Correction

    Solana, the high-speed blockchain that was once hailed as an Ethereum killer, finds itself in choppy waters. After reaching an all-time high of $203 in March 2024, the cryptocurrency has seen a major correction, currently trading at $145. Analysts warn of a potential free fall, citing external market forces and…