Tag: Bitcoin Price Drop

BTC Price Fluctuations and Their Impact on Altcoins: Key Lessons for Africa’s Investors

BTC price drop led to over $500 million in futures liquidations.   Altcoins like XRP and Dogecoin fell over 5% but began...

Economic Woes Trigger $500B Crypto Market Crash in Just Three Days

Due to weak US job numbers and recession fears, the crypto market sell-off broke a whopping $500 billion in three days, the worst sell-off in a year. Bitcoin's price fell 10% in one day and 20% in the week, reflecting market and macroeconomic pessimism. Ether lost 18% one day and 28% during the week due to the crypto market's linkedness to outside economic forces. Solana, one of the top 10 cryptocurrencies, fell 30.6% because of market volatility and incidents. The crypto market has recently experienced its...

Bitcoin and Ethereum Slump: $170B Crypto Market Crash Explained

Concerns about a possible Bitcoin payout from Mt. Gox caused a market loss of more than $170 billion. Adding to the market pressure,...