Category: Plunges
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Bitcoin Hashrate Plunges To 4-Month Low As BTC Looks Bearish
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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.…
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Celsius Stock Plunges 16.8% in Terrible Week
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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…
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Crypto market plunges $96b following strong US jobs report
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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 –…
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Solana Snowfall? Price Plunges Amidst Market Correction
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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…