Bitcoin Follows Stocks Lower and Sinks to Below $22,000

Barrons2022-08-19

Bitcoin sank to below $22,000 on Friday, following global stocks lower amid uncertainty over how aggressive the Federal Reserve would be in its effort to cool inflation with interest-rate hikes....

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Comments

  • robot1234
    2022-08-20
    robot1234
    Sudden crypto market drop sends bitcoin below $22,000. Bitcoin is trading under $22,000, a more than three-week low, after a sudden sell-off.Ether, Binance Coin, Cardano and Solana all fell at the same time.The reason for the drop was not immediately clear.It comes shortly after the world’s largest digital coin surpassed the $25,000 level for the first time since June following a rise in U.S. stocks.“It’s not showing the pattern of a flash crash, as the assets didn’t immediately rebound sharply but sank even lower in the hours that followed,” said Susannah Streeter, senior investment and markets analyst at Hargreaves Lansdown. “It seems likely that is was as a result of a large sale transaction, in the absence of other more external factors.”Streeter said it appeared Cardano made the first
  • Kel9670ong
    2022-08-19
    Kel9670ong
    Bad
  • Kel9670ong
    2022-08-19
    Kel9670ong
    Good
  • Kucing
    2022-08-19
    Kucing
    Crash
  • iamateh
    2022-08-19
    iamateh
    ok
  • MIe
    2022-08-19
    MIe
    # btc   dip opp
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