Bitcoin plummeted as much as 9% to just over $26,000.
The cryptocurrency last traded at $26,593.68, reflecting a decline of more than 8%.
The fall in bitcoin comes hours after The Wall Street Journal reported that SpaceX, run by Elon Musk, wrote off the value of its bitcoin assets totaling $373 million in 2022 and 2021, and that the space travel company sold virtual currency.
“This is one of the most brutal, minute-to-minute sell-offs we have seen in bitcoin history,” Ryan Rasmussen, researcher at Bitwise Asset Management, told CNBC. "The current assumption is that this is a...
News-En
More Articles …
- Ray Dalio stock portfolio as of Q3 2023
- Gold shows the worst trend in 6 years, falling 8 days in a row
- Why do Michael Berry and Warren Buffett start selling stocks, what do they know?
- Manipulations of Freedom Finance under the supervision of US government agencies
- August 15, 2023. Trading recommendations from major banks and hedge funds
- A day that brings money or timing in trading
- Multidirectional exchange trading on the first day of August
- 3.3% - average investor return for July 2023 and 13.3% since the beginning of 2023 under our management
- Part 2. 5 giant stocks with huge upside potential.
- Part 1. 5 risky stocks with huge upside potential.
- Technical picture for the EURUSD pair in the Forex currency market
- SEC asks Coinbase not to trade cryptocurrencies other than Bitcoin
- 100 most expensive brands by value in the world in 2023
- Selection Models and Finding the Top 10 Dividend Stocks for August 2023
- Oil rally takes a breather before Fed and ECB rate hikes
- BlackRock Could Change Bitcoin Trading After Years of SEC Failures
- July 21, 2023. Trading recommendations from major banks and hedge funds
- Markets plunge after disappointing US financials
- July 20, 2023. Trading recommendations from major banks and hedge funds
- How to earn from 12% to 20% in dollars or euros without risk with the help of our company
- 10 reasons why the expected recession in the US never happened
- First ETF Just Launched Offering Protection Against 100% Losses in the Fund's Shares
- July 17, 2023. Trading recommendations from major banks and hedge funds
- Technical analysis of the Japanese yen and the USDJPY currency pair
- Oil fell after China's GDP fell short of forecasts
- An in-depth review of Bill Gates' investment portfolio to date
- Forecast and analysis of EURUSD and EURGBP pairs in the Forex currency market
- The 50 Most Profitable Stocks Based on Annual Earnings in the S&P 500 Index from 1980 to 2023
- The dominance of big tech companies has stopped at the Nasdaq 100
- The most innovative and technology companies in the world in 2023
- Undervalued shares of Unity Software may rise by 65% in the future
- Technology stocks do not correlate with the market and rise separately
- Legendary investor Jeremy Grantham claims there is a 70% chance of a stock market crash
- Why OPEC+ supply cuts do not lead to higher oil prices? The end of the oil bull market?
- China is in a state of default and owes more than a trillion US dollars to the US
- The largest commodity and futures markets in stock trading
- Recruitment for training in trading on July 15, 2023. Training in trading in stocks, futures, forex
- 1.1% - average investor return for June 2023 and 10% since the beginning of 2023 under our management
- Warren Buffett begins buying oil industry and shares in Occidental Petroleum (OXY)
- Jerome Powell is going to raise interest rates 2 more times this year
- The Federal Reserve on Wednesday stress tested banks and made its announcement
- The 7 Best Fast Growing Stocks for New Investors to Buy
- Gold consumption by country and impact on exchange and futures prices for gold
- Analysis and composition of the portfolios of super traders and the best investment funds in the world
- US Considers New Export Restrictions on Latest Generations of AI Chips to China
- Technical analysis on USDJPY and the possible start of interventions by the Bank of Japan
- Microsoft product sales to reach $500 billion by 2030
- Rating of the largest US banks by capitalization and consolidated assets, Top 100
- Technical analysis of WTI oil futures with key levels
- Investing in 2 Undervalued Companies at the Bottom of the Market to Catch Their Reversals