Category: Plunges

  • Bitcoin Plunges Under $58,000 As Coinbase Users Sell BTC

    Data shows that Bitcoin users on the Coinbase exchange have been selling recently, which is likely the reason behind BTC’s drop below $58,000. Bitcoin drops below $58,000 in latest drop Contrary to what investors might have hoped, Bitcoin didn’t appear to be shaking off the downward winds as the currency…

  • Crypto Market Liquidations Top $197 Million As Bitcoin Price Plunges Below $60,000

    Bitcoin seems unable to break above the $60,000 price level as it continues to trade in uncertainty. On Saturday, August 3, the cryptocurrency saw another sharp decline, briefly falling below the $60,000 level. Although this drop only lasted a few minutes, it was very significant, especially since Bitcoin was trading…

  • 3 Stocks I Plan to Double Down On If the Stock Market Plunges

    Almost two years ago, the markets were in a frenzy on Wall Street. And the markets have been in a frenzy ever since. Dow Jones Industrial Average (DJI: ^DJI)standard Standard & Poor’s 500 (SNPINDEX: ^GSPC)and nutritious growth Nasdaq Composite (NASDAQ: ^IXIC) Prices bottomed out in October 2022, but have all…

  • Fetch.ai (FET) Price Plunges To 5-Month Low Ahead Of Crucial ASI Merger

    The cryptocurrency market has been in a relatively quiet period for a long time, leading many investors to speculate that a rally could be imminent. However, the performance of altcoins, including Fitch.iFetch.ai’s FET token has performed less than stellar, with prices remaining near record lows, raising concerns about the overall…

  • Albemarle plunges to lowest in nearly four years as lithium prices keep sliding (NYSE:ALB)

    Olemedia/E+ via Getty Images Albemarle (NYSE: ALP) ended Tuesday’s trading as the biggest loser in the S&P 500, -8.7% To its lowest level since October 2020, where Two Wall Street analysts cut their price targets. For the stock. Lowered stock price to $127 from $170 even while maintaining overweight Lithium…

  • Polygon (MATIC) Plunges To 2-Year Lows As Bearish Sentiment Persists

    Main Takeaways Polygon (MATIC) has fallen to its lowest level in two years, having fallen over 33% in the past year, as the MATIC price continues to face downward pressure. On-chain data shows a significant drop in daily active addresses, indicating low network activity and bearish sentiment towards the token.…

  • 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…